(March 10, 2017 at 12:03 pm)Faith No More Wrote: The stock market going up is just a sign that businesses and investors have confidence that Trump's administration is not going to hold their feet to the fire over things like regulations and paying livable wages.
As my old Economics prof said, the stock market is not "investing" it is "speculation." Trading one asset for another in the hopes that one will go up and the other down. Investment in an economic sense requires expanding the productive capabilities of an actual business.
