Shesa's SEPTEMBER 2017 INVESTMENT BLOG
Sept 24, 2017 SEPTEMBER 2017 INVESTMENT BLOG Shesa Nayak U.S. Stock Market Update : Historically the stock market has entered to a dead zone wherein S&P 500 drops 70% of the time during the month of September and October. So far, stock markets have not really altered its direction and keeps going up. Will it change its direction? Let’s discuss it later. We have so many events starting from federal reserve’s decision to reverse the stimulus program and further deterioration of geopolitical situation. Meanwhile, president Donald Trump’s push to repeal and replace Obamacare seems to have failed again after senator John McCain announced that he would not support the measure. Trump is also pushing for tax reform and indicated that 95% of the American’s would be able to file their tax in a single page, middle class families and corporate America would be the recipient of tax cuts. A group of GOP leaders are sla...