Alva Review-Courier -

By JOSH BOAK
AP Economics Writer 

Why Trump has little influence on rising or falling stocks

 

February 7, 2018



WASHINGTON (AP) — For months, President Donald Trump boasted about having steered the U.S. stock markets to record high after record high.

What a difference a few days can make.

The market free-fall, explosive volatility and now partial recovery of stock prices have served as a stark reminder that Trump, like his predecessors, isn't commander in chief of the U.S. economy — or the financial markets. The markets pivot on forces that owe at least as much to computerized trading programs, overseas investors and global central banks as they do to a president's policies and force of personali...



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