iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,427 Blog Posts

Trump Bashes Yellen Again: We May Have a Problem Here

Trump is out talking shit about Yellen today, which is perfectly all right, as long as he doesn’t go off the rails and suggest we jack rates higher.

“Janet Yellen is highly political, and she’s not raising rates for a very specific reason – because Obama told her not to,” the Republican presidential candidate said at a press conference in New York. “Because he wants to be out playing golf in a year from now … he doesn’t want to see a bubble burst during his administration.”

Oh shit, wait. What?

I like Dondald Trump, but for reasons that worry me. I actually own a Trump apprentice action figure doll. I bought it years ago so that I could press the button to make Donald fire people for me. I’ve read one of his books and think he’s a good businessman, including his crazy eyed bankruptcies on Wall Street that ruined so many morons who were attracted to the Trump brand.

I marvel at the fact that southerners, who innately hate yankee New Yorkers, are supporting him–just because they are out of options. Trump is like a soundboard of the American disgruntled. I think, for me, he represents a certain anarchy that naturally appeals to me, which probably isn’t good for the stock market, but excellent for financial news, however.

Look, building gigantic fucking walls, telling the Chinese to fuck their mothers, and jacking up interest rates isn’t exactly a recipe for “making America great again.” These are all cool things, especially when afforded the liberties of thinking they will never actually happen. But Trump is ahead in the polls and we both know that lunatic Dr. Carson doesn’t stand a chance.

We may need to begin formulating what a Trump presidency means for the S&P 500, which is like the funniest shit in the world; because you know it’s bad.

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27 comments

  1. zombie

    Figgity FIG FIG. Where’s Figgy Smalls?

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    • figesmalls

      I’m here…was always here….I just can’t compete with you guys….

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  2. UncleBuccs

    Temporary pain before the long term gain. America is going to be great, again.

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  3. blahblahblah

    uh…SLCA is ‘silly cuh’

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  4. iflyjetzzz

    There’s a year before the elections. I expect Trump to be no higher than third going into the first primary (Iowa) in Feb.

    Trump’s just the clown with the funny hair, big floppy shoes and a flower carnation that squirts water in this circus known as politics. Mildly entertaining in the here and now but he will never be the star act in the big ring.

    The Dem talking heads are salivating over the pipe dream of Trump being the GOP candidate for prez. That’s completely delusional. I haven’t seen this much jackassery in a front runner since Howard Dean and we all know how that ended for him. https://www.youtube.com/watch?v=l6i-gYRAwM0 He gave up. BYAAW!

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    • frog

      Look at and listen to that scream on the video, people. Maybe less than a perfect campaign strategy. But really, there was nothing awful about it. But the media kept harping on it over and over and calling it awful, trying to destroy Dean’s candidacy and they succeeded. He must have threatened some of the major Powers That Be in the U.S.

      There was nothing jackassed about Howard Dean. He would have been one of the best presidents we’ve ever had.

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  5. one-eighty

    People who like Trump are either insane or children.

    Hmm. Maybe both.

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  6. thegametheorist

    Trump is a smart man. Obama won’t let it blow up under his watch. Doesn’t that fit perfectly with OAs 2017 narrative? Market crashes with trump and then the democrats go ” we told you so”

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  7. mr_peartree

    If Trump becomes president, markets going to zero.

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    • hattery

      If Bernie Sanders is president, there won’t be a stocked market.

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      • frog

        If Bernie Sanders becomes pres, there will be no change whatsoever, other than changes that can be made through executive order. Congress will refuse to cooperate and that will be that.

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      • thegametheorist

        That sounds likely

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  8. carolina

    Senor Tropicana (sorry don’t know where the tilda is): Looking at NVCR-is this another VC backed exit strategy trap?

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  9. zheeeem

    I’m pretty amused by the broad range of silliness expressed by the republican candidates. The idea of Carson overtaking Trump in the polls is like, “Who do you like more, Larry or Curly?”

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  10. djmarcus

    I bought that same trump hat… for $7 on ebay from China.

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  11. pyromonoxide

    I do wonder if Hillary could hand it to Trump if she makes a big error, maybe if she keeps threatening business. But would Bill Clinton dress in drag as the “first lady” at some point? Because that would be kind of awesome.

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  12. frog

    Trump knows a lot about making money for himself, sometimes at other people’s expense in a very unfair way. In the U.S., people worship billionaires. And they love the idea of there being one politician who speaks his mind and sounds authentic, even if he’s crazy. Of course only a billionaire politician can speak his mind, because the rest of them have to be afraid of offending their donors. So there you have Trump’s appeal.

    But it’s hard for me to imagine the GOP letting him have the nomination. He threatened to sue the Club for Greed, I mean Growth. And who wants someone like him to be the one to decide whether to press the big red button to start WWII? And the powers that be at the GOP tend to choose a president who takes orders well– like W, and like Reagan who had Alzheimer’s when in office and nobody even noticed.

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  13. jonny

    Trump for President appears inconceivable now but then again you voted in George W Bush. Whomever wins this election, inherits a basket case of an economy.

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  14. the dude

    His tax proposal alone is $SPY -10%.

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  15. the dude

    Fortunately, he will never pass a general election. He can only exist in the alternate universe of the Republican primaries.

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  16. superpositron

    Forget about it. Impossible for Trump to become president. The US will be a banana republic.

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  17. clt

    Trump isn’t actually running for President, at least he wasn’t in the beginning. He’s a democrat sent in for sabotage. Then he realized how much attention he got, and he loves that. He’s got a bunch of people running around talking about shit that doesn’t matter. Now you got the other Republican’s jumping on the clown car to keep up. Sounds like a fantastic movie plot, but it might just be reality.

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