Wall Street Got Its Tax Cut, and Now It’s Depressed

I don’t follow the stock market super closely, but I was curious about why I haven’t heard Donald Trump bragging about it lately. This is why:

The market seems to have spiked in anticipation of the tax cut, but then it slumped once it finally got its tax cut. Kinda strange. I guess they’ve got nothing to look forward to now except three years of Trump doing God-knows-what to wreck the economy in service of whatever moronic ideas happen to flit across his brain or capture his attention from Fox & Friends. That’s tough luck, guys, but you know what they say about lying down with dogs.

HERE ARE THE FACTS:

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ONE MORE QUICK THING:

Our fall fundraising drive is off to a rough start, and we very much need to raise $250,000 in the next couple of weeks. If you value the journalism you get from Mother Jones, please help us do it with a donation today.

As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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