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
23,423 Blog Posts

Paranoia Alert: The Trump Trap Has Been Laid

There isn’t anything wrong with a little paranoia — especially when someone is actually out to get you. For the past year, we’ve heard nothing but horrible things about Trump, how he was ‘literally Hitler’, an orange pussy grabbing megalomaniac who’d usher in a black age of nuclear fallout and wanton dictatorship. Assholes like Mark Cuban warned of imminent market crashes upon the miracle of him getting elected.

Guess what? Trump won and markets have risen to record highs. The dollar index is at 14 yr highs, and sovereign yields have soared — effectively raising the borrowing costs for an American economy bedraggled by $20t in government debt.

The whole premise of Trump’s candidacy was to expand the middle class by creating shovel ready jobs and punching U.S. multi-nationals in the face until they reopened their factories here.

Pardon me if I view this entire rally with some skepticism, but I was paying attention to the rhetoric coming out of Wall Street and the globalist elite regarding Trump for the past year. They do not like him, and vice versa.

Understand something, this ‘Trump Rally’ that is being celebrated will go down in the history books as Obama’s. After all, the stats will register under his term and future generations will revere him for being the single best President the stock market ever had. His advantage was that Bush fucking destroyed the damned thing into 10,000 pieces before he got it, so all he had to do was golf all day, order some drone strikes, and watch his bailouts reflate America back to its former glory.

The market is being jacked up to bubble levels before Trump gets in, making it harder for him to finance fiscal stimulus — because yields are blowing out. Am I the only one in the world seeing this? What in the fuck is going on?

There’s also a 100% chance that the strong dollar will wreak havoc on American exporters. Remember that shit, fucked face? Strong dollars aren’t good for exporters, economics 101. By my vantage point, there’s a better than average chance the rug will be pulled after his inauguration — effectively tying his hands and keeping him busy trying to plug holes — placing his anti-globalist plans on hold, indefinitely.

Now is that an irrational forecast?

If what I am saying comes to pass, then you’re now having a final cocktail on the SS Titanic — peering over the side of the vessel — enjoying the wonders of the view and all of its possibilities.

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46 comments

  1. jstexas

    What of ill-positioned institutional players needing to re-balance over the next year based on Trumponomics, bonds rolling over, etc.?

    Feels like upward pressure on the indices regardless of potential political gridlock.

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    • it is showtime

      It’s not a trump rally. Equities minicrashed on trump victory. Equities ramped by design on Hrc exoneration 48 hours prior. Logic can’t compute that without something else being true. Market was moved back (immediately) on crash but not bc it wanted to go. You can’t claim the organic reaction and organic anticipation are both true

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      • 'merica

        What were futures down, 6-700 points on the DOW? Surely that meant nothing… Maybe it was all a game.

        The candidate that was viewed (projected) so negatively won, so the obvious reaction should be negative, right?

        Around here we have more buildings going up than I can remember at any other time. Decrepit buildings are bulldozed to make way for bigger buildings. Real estate was solid, college flunkies looked like old pros in an easy market.

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  2. LP

    Same thing with Bill Clinton, credit him for benefits of internet boom. Right time right place, that is 90% of it.

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    • 12jc

      The question was always, did we have a good economy in the 90’s because of Bill Clinton or did we have a good economy in the 90’s in spite of him?

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      • frog

        There is a third possibility– that we would have had a good economy regardless of what he did– that he neither helped it nor hurt it. I personally do think he helped it.

        With Trump, the economy has been improving anyway and he hasn’t even taken office yet. I credit Obama.

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  3. tradingnymph

    When does that darn Ark Sail Already?

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    • mx2101

      tradingnymph- seeing your appearance today brought a smile to my face. Good to see you are still whoever you are, wherever you are.

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  4. soupbone

    Stir up the pot gets results. Some of of us are happy Trump is elected. Why? that’s because something needs broken. we want broken and then we fix after. sorry buts the only way. otherwise Trump will be consumed body and soul in the capital, DC.

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    • frog

      Breaking things is a lot easier than fixing them. Time will tell if he will be what you folks thought you were voting for.

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  5. vandamme

    Illuminati wins again (extra Bernanke)

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  6. matt_bear

    if that’s the case, why go back to trading in 2017 sir fly?

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  7. stockslueth

    “‘Showing up is 80 percent of life.” – Woody Allen

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  8. it is showtime

    To any Fed goon scouring pages for wrenching folding bears, particularly this one

    +22%DRV +33%BIS reset FAZ +0 SDOW +0 EWV +7%EPV reset+addedto TECS
    I can play the game, for as long as you can summon your obvious intraday Programme

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  9. frog

    If Wall Street and the globalist elite do not like Trump and vice versa, then they all sure could have fooled me– looking at Trump’s cabinet.

    Meet the new boss– same as the old boss.

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  10. dragun

    Let’s not forget EM debt in all this.

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  11. frog

    “Despite promises to ‘drain the swamp,’ Trump chose a man for Deputy Secretary of Commerce who enriched himself at expense of labor and consumers and shipped jobs overseas.”

    Billionaire ‘King of Bankruptcies’ to Head Commerce Under Trump

    http://neweconomicperspectives.org/2016/12/billionaire-king-bankruptcies-head-commerce-trump.html

    Trump Picks Ex-Goldman Banker Known as ‘King of Foreclosures’ to Head Treasury

    http://neweconomicperspectives.org/2016/12/trump-picks-ex-goldman-banker-known-king-foreclosures-head-treasury.html

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  12. frog

    I don’t know whether the Trump rally could last for years or not. But if it does not for some reason, it will most certainly not be because globalists dislike him, or because he dislikes them.

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    • it is showtime

      O crap, It’s devilfrog
      it’s not a trump rally. media and internet news psyche has labeled as. so that means its true? and who’s still in power who’s still controlling? who has every single sarcastic trader for the last 5-6 years said the stock market is being kept up for? This will be categorized as another…fake news…episode later. (why did the news get it wrong and inform us this was a…trump…rally)

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  13. bushwacker2

    This is one of your best political/financial posts. I agree with you 101%.

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  14. soupbone

    There is a huge misunderstanding. You are fucking fake-ass-asholes. Now fuck off and get back to work. Stop wasting everyones time.

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  15. soupbone

    One could perhaps float Washington DC out to sea and sink it? Do you want to feel better or just stay sickly.

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  16. Dr. Fly

    Fascinating conversation. You people are assholes.

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  17. gorby

    The tool has a good foundation to build on.
    Obama did great work with both hands tied
    behind his back.6000 JOBS EVERY DAY.
    When the tool gets off his trampoline we’ll
    see what he can do with free hands and a big swinging dick.

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  18. boyaj

    Congrats on this being a Zero Hedge feature.

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    • Dr. Fly

      I’ve been writing there for about a month now.

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      • zombie

        There are “fucked faces” over there talking smack in the comments section. I had to register with ZH tonight so I can defend IBC turf.

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        • 'merica

          Yeah I saw one. Clearly an attempt to discredit and demean The Fly for his choice of childish language. Fuck off with that PC garbage.

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  19. ironbird

    Jesus Christ. Little frog back from the dead. Brain damaged as ever. Cops are getting fucking shot frog. Illegal immigrants have created whole tent cities of homeless within cities frog. Europe is a rapeugee haven of fucking woman hating lunatics frog. 0 is the ultimate communist whore drama. Your demon witch lust failed. Time to wake up and stop burning the flag frog. The war has just begun on you amazingly arrogant retards.

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  20. fryguy15

    Even if this is a blow-off market top, that process can take years… no one owns stocks

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  21. zombie

    Yet another legendary post by Dr. Le Fly.

    TFIG

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    • uglyflint

      Wow all these old banned avatars coming back to the memory bank. Happy days are here again. Fuck yea !

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  22. jgzbaby

    You are still all assuming Trump takes office. Which he hasn’t yet. Remember the original conspiracy that Obama is our last prez?

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    • frog

      LOL, that’s 200 or 300 conspiracy theories ago. Try to keep up, will you?

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  23. zola

    Remember maggots, there is NO industrial economy anymore. That ended when the Fucking Squid wrapped its tentacles around the DJIA and infected it. The DJIA of old is no more. Only Financial “Services” that want to service YOU out of some rent, one way or another, or to front run some leveraged blown-out asset as the next bigger client, err FOOL, takes it off the squid’s tentacles.

    The other squiddly mission is to make sure that the rules change, but only in the squid’s favor. No clearing house for CDS ? No problem the squid will start one but the squid will run the damn thing.

    Keep both hands on your wallet, cover your arse with it, and keep in mind that the first one out of a ponzi wins. The bruised Dallas cowboys now getting bucked off of pulling their pension from the underfunded fires of HELL know this. So will many other game-players in the Pension Ponzi.

    Good luck, cuz we are all fucked.

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  24. infinitezuul

    Another great post. This is certainly the case. There is always a story behind the story and you nailed this one.

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  25. traderconfessions
    traderconfessions

    Funny that I haven’t heard Trump or Princess Ivanka talk about Trump-brand licensees bring manufacturing back to the United States. That’s for other people. Haven’t heard that his builders will only use US Steel. Theyy won’t.

    It’s hilarious that right-wing cuckpots railed against the Clinton Foundation’s valid conflicts of interest but are silent on Trump’s in-your-face conflicts. Let’s see if Chafetz, Gowdy and other Republican stooges have the balls to challenge Trump when he inevitably crosses the line. They won’t. You got your Emperor and generals.. welcome to Rome.

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    • frog

      What line? No Republicans care if their candidate breaks the law. These are the people who let W invade Iraq on the basis of lies about WMD.

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