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
23,417 Blog Posts

Trump Sold Out of the Market, Slams ‘Free Money’ From Fed for Bubble

This isn’t meant to be a political post. I’ve hung up my anti Hillary tirade a few weeks ago. This is a significant headwind for markets, one that is rarely discussed because no one believes Trump can win.

We have a Presidential candidate, one who is extremely popular amidst the disaffected part of the population, who is calling the market a bubble and slamming Federal Reserve policy.

“I did invest and I got out, and it was actually very good timing,” the Republican presidential nominee said in a phone interview with Fox Business. “But I’ve never been a big investor in the stock market.”

“Interest rates are artificially low,” Trump said. “The only reason the stock market is where it is is because you get free money.”

Trump said the market would “go great” if he were elected.

The fallacy in Trump’s thinking of markets ‘going great’ under his leadership is that fiscal policy takes time to effect change. He is right when he says the only reason why stocks are up is due to monetary policy. We all know the game is wholly rigged. There isn’t a fucking chance in red hell for stocks to trade higher the day following Trump gets elected. He’s a weapon of change, a disruptor of the status quo, one that seeks to remove the applecart from a very greedy and select elite who’ve done well under Obama’s policies.

While Trump’s anti globalist, anti market manipulating capitalistic plans might help the economy in the long term, there will be hiccups along the way. Those of you voting for Trump should know the risks involved, as it pertains to your portfolios, should he get elected.

If you enjoy the content at iBankCoin, please follow us on Twitter

18 comments

  1. cancel19

    I rather be poor with Trump than think I’m rich with that woman.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. probucks

    HRC prolly trying to bribe Yellen right now for QE4 just to spite Trump’s market call

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. helicopter ben

    We’ll I’m part of the disaffected so a market downturn is no problem for me.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. t.c.

    Hillary Clinton was a pajama trader earlier in her career. She turned $1k into $100k in one year with no experience. Very remarkable. Incredible even.

    https://en.m.wikipedia.org/wiki/Hillary_Rodham_cattle_futures_controversy

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. wordpoop

    This website is so tired. How’s traffic since the Trump tirades? I’m out. Ban me.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. freebie

    He just can’t say anything true – and he calls her the liar?? Let’s look at some numbers:

    http://www.politifact.com/truth-o-meter/article/2016/jun/29/fact-checking-2016-clinton-trump/

    • 0
    • 0
    • 0 Deem this to be "Fake News"