Let’s use some good olde fashioned logic this morning. If we are to believe the diabolical devils who operate the globalist movement for us are truly corrupt, then Trump has already lost. As a point in fact, Trump never had a chance. Agreed? Even if he had the most pristine character and never talked about grabbing pussy, he’d still lose the election — since the ‘establishment’ would never relent power. Some of you will have a hard time dealing with this election loss, so you might as well begin to mourn now and not get your hopes up for a one in a billion outcome election win.
Having said that, very soon the election will be behind us and yours truly will have more to say about markets and how we might game them.
One has to assume a Hillary win is baked into markets, yes? If so, I don’t view the current pin action as a lurid display of optimism. If anything, the action in the healthcare sector, the last bastion of true growth in the market, has been dreadful. Stick a pin in Hillary for the moment, however, because the overarching obsession is the direction of Federal Funds rates. Subsequently, commodity and forex markets have been jarred by the recent hawkishness. The dollar is at 5 month highs and gold has been harangued by sellers.
I am grateful for not being in the business of managing money now, for this tape is an abomination.
For me, the true story of 2016, post elections, will be the condition and spending habits of the consumer. The restaurant sector has been weak, which isn’t exactly comforting heading into the pagan holidays. How the hell are you playing this tape, from a macro perspective? Are there any thematic plays?
Speaking of which, I’ll be revealing my FIST OF DEATH this week — which are my top 5 short sales heading into year end. I see appreciable downside risk to the market, from a sundry of risks that aren’t even close to being priced in yet.
Fed’s Fischer will be giving a speech today — so keep an eye out for that.
If you enjoy the content at iBankCoin, please follow us on Twitter
restaurant sector worse than weak.
incredibly difficult to play this shit in macro terms. japan looks shaky, but who knows what crazy qqe they will pull last min.
i guess if u must day trade u vwap it…..
Not in the business of managing money?
Where the fuck you’ve been? I quit in December of 2015. Look at my byline above.
Brexit was not supposed to happen as well. The rebellion will only grow at this stage of pain.
All this talk of rebellion, revolution.. it’s laughable from the world’s fattest countries. If you can’t keep yourself in decent shape, you really aren’t motivated at the very lowest levels to DO anything except post, talk, and complain.
Hilary will win. People will whine like they have with Obama and the music continues. And it will. I mean seriously if 2007/08 didn’t get people motivated enough to close bank accounts and the latest Wells Fargo didn’t have thousands of actual accounts leaving..
Nobody is revolting. They’ll just be mad and trudge along like always. Now STFU and get me some pie and pay your 25%+ increased health care premiums!
I agree 100%.
The only caveat to your grim outlook is that there are motivated, young, strong, men — all of which are in the military.
the trump vote is a revolt. that is why the sex talk does’nt mean shit. cops being shot is a revolt. black lives matter if a revolt. tea party is a revolt. it just a matter of how many sub groups flip. revolution is inevitable, it always happens when the elite least expect it.
Economic gravity can be prolonged but it can’t be stopped…