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Trump is about to destroy the US economy and plunge the world into a deep depression.
If you immediately start deporting a significant portion of your workforce, wouldn't that instantly result in an economic crisis?
Trump wants to get rid of all illegal immigrants, and as many legal immigrants as possible.
Even if it were just the illegal ones those are the people holding up 95% of our domestic agriculture and clothing industries.
[...] those are the people holding up 95% of our domestic agriculture[...]
Smells like famine. If not the US, then in developing countries because of increased US food imports.
Answer to the first question in headline : Usually
Response to the second sentence in headline: Trump
It's generally known that the economy growth slows under Republican administrations. US Economic Performance by Presidential Party
If you are pessimistic about the next 4 years, you may want to adjust your stocks for more cash reserves and/or rebuy into necessity stocks (food, utilities, etc)
Interestingly, the Wikipedia article notes good stock market returns under Rep. President + Rep. Congress. So take it or leave it.
this post was submitted on 11 Nov 2024
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