$NASDAQ 100 Index (.NDX.US)$ The stock market has been risin...
$NASDAQ 100 Index (.NDX.US)$ The stock market has been rising for two years. If it continues to soar in the next four years of the new president's term, there will definitely be a pullback. With 9 weeks left until the presidential transition, according to historical records: a typical 10% pullback requires 3 to 10 weeks. However, a 20% decline in 9 weeks is also possible. The downward trend may continue until the final weeks of the new president's term, and it does not seem likely to see a major drop in the short term. Therefore, it is difficult to estimate the specific situation, but one thing is certain: Trump believes that the stock market's rise is a success for the president, and since the stock market has been rising for two years, the likelihood of it continuing to rise for another four years is very small.
What do you all think about this?
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