Welcome to another episode of The Chicks on the Right podcast where we feature our friend

and sponsor of the show Zach Abraham who is the chief investment officer at

Bulwark Capital Management and he is who we go to when we have questions about

finances, the economy, markets, interest rates, all the things.

Thank you, Zach, for being with us and we have promised our audience

that we would get an answer to a question that has been nagging us

for the couple of weeks, and that is something that Trump posted on his

truth social I don't know week two weeks ago where he said or he was interviewed and

said that the reason that the stock market is doing well is because of his lead in the polls.

Is that a thing?

And also, well wait and also I think that it's more than just Trump.

Do presidents in general, do they dictate how the markets are?

So generally speaking, and I'll kind of hit that last part first, generally speaking, I don't think that there is a role in the global economy that is more overhiked than the president of the United States.

I think that they can have an impact as it relates to tax policy.

So for instance, when Trump got elected,

the market sold off right overnight,

which seemed ridiculous to us,

because I was like, the guy guys promising tax cuts, like profit margins are going to go up.

You know, here we go, right? So they can have they can have impacts on the marginal side of it, but I mean literally and I'm just stating this is not a

political statement it's a fact. Trump taking credit for the stock market doing well because he's leading in the polls is the equivalent of Bidenomics.

It's complete nonsense.

Okay, the stock market's doing well because the Federal Reserve, despite the fact they say they're cutting interest rates,

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