Is It Smart For Trump To Embrace “Big League” Dow Gains? History Says No

President Trump is anything but traditional. He frequently says things that his predecessors would never have dared to utter publicly. But, for the most part, his supporters applaud the candor and straight talk.
That said, one Presidential tradition that Trump may not want to break is celebrating stock market gains because what goes up, at least on Wall Street, usually comes crashing down in spectacular fashion at some point soon thereafter. Alas, that didn’t stop Trump from celebrating #Dow20K over twitter:
Great! #Dow20K — President Trump (@POTUS) January 25, 2017

This post was published at Zero Hedge on Jan 27, 2017.