iBankCoin

Trumpflation on Pause Following Trump’s Remarks Complaining Over the Strong Dollar

Well, well, well. What do we have here?

Didn’t I say a strong dollar was fucking retarded and that rising bond yields would serve as a roadblock for his fiscal stimulus plans?

Good thing Trump has surrounded himself with business savvy Wall Streeters and not a bunch of no nothing rednecks from Alaska.

In a WSJ interview published last night, Trump complained over the strong dollar and then his advisor, Anthony Scaramucci, said we needed an independent Fed — firing warning salvos across our outrageously stupid hawkish Fed.

“Our companies can’t compete with them now because our currency is too strong. And it’s killing us,” Trump told The Journal, referring to competition from China.

His comments have put an end to this stupid Trumpflation trade, at least for today.
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23 comments

  1. bennyhill

    Lowest approval rating in history going into inauguration. 3 million popular votes in the hole. This is UNPRESIDENTED.

    http://www.politico.com/story/2017/01/trump-low-approval-rating-transition-233678

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    • moonshot

      Cry more.

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    • bob smith

      According to those same polls, HRC is our the president elect.

      Worthless…

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    • husaria

      Not go “boo hoo hoo”, go “bark, bark, bark”. Not know we have homo barking seal. Hate to think what he does with fish.

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    • dcolella15

      If you haven’t figured out that these left weighted polls are complete and utter worthless horseshit, than there is no saving you. You might as well do yourself and all of us a favor and end it all now.

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  2. sarcrilege

    “Didn’t I say a strong dollar was fucking retarded a..”

    gold’s up. that’s all that matters. and silver is up too. dump usd!

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  3. chuck bennett

    Yeah, I’m thinking believing in the Russians is better than believing our stupid fake polls.

    Especially since we fund ISIS directly and indirectly.
    We have become the bad guys. This has been said well before Putin jumped in. That’s the inconvenient truth

    Regards

    Chuck Bennett

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  4. bennyhill

    Betting sites now have a Trump impeachment at 4:1 odds?? Hilarious. You know he will never finish his term – the Dems want him out badly, but the GOP wants him out even more so Pence can take over.

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    • frog

      Now that’s a more sure bet than the stock market is, LOL.

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    • frog

      About 20% of the American population is going to have ruling power over the other 80%, for a while. The 5 intelligence agencies, and tons of other groups of people, are likely coming up with plans to attempt to change that.

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      • frog

        Actually, Trump and the band of crony capitalists in his cabinet will have control over the other 99+ percent of us. Trump’s supporters were voting for “change” and “an Eff You vote to the establishment.” I doubt that they are going to get the kind of change they want.

        So perhaps no one will be happy– not even Trump and his cabinet who will experience lots of resistance and conflicts, as they well should. Crony capitalist welfare queens should not be allowed to gorge themselves at the public trough– although they will certainly end up doing that, because they do have the power to.

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        • juice

          who would want change? Long live the legacy of Obama! http://chicago.cbslocal.com/2017/01/17/10-killed-29-wounded-in-mlk-day-weekend-shootings/

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        • frog

          If you hold Obama personally responsible for crime in Chicago, then you must hold Trump personally responsible for all crime in New York City.

          I know that the Right Wing has a hard time finding enough things to blame Obama for, in their constant efforts at liberal bashin. But to personally blame him for the crime in Chicago is ridiculous.

          But I know, the meaning of a Right Winger’s life is to bash all Democrats, especially the most powerful ones. So you have to find something, no matter how silly it is. And it’s hard, with someone as good as Obama, to find things to criticize. So you resort to this.

          Same with HRC. Not enough for Right Wingers to criticize, in their quest to bash powerful Dems 24/7/365. So Right Wingers had to invent fake news about child trafficking, pay to play etc. T

          hey had to enlist the help of Putin in hacking emails from HRC and the DNC, and then had to use fake news to make up stories distorting and misinterpreting the emails–so they could lie and claim that they were about child trafficking and pay to play, when there is zero evidence of those things in the hacked leaked emails.

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          • chuck bennett

            So, we hold Trump for all the crime that has vanished ?

            Ok. Let’s do that.

            There is hope for you yet Frog

            Regards

            Chuck Bennett

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        • frog

          Well, let’s see if crime vanishes, once Trump takes office.

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    • it is showtime

      You guys are a godsend
      Peak polarization, peak discontent, peak angst
      Permabear delight this was our destiny despite your nonacuity
      Trump was only a manifestation of the hyper abasement of the last several years
      If you think you’re gonna get away with recall, redo, impeachment, without absolute bedlam

      damage is done suckers

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      • frog

        The ones who voted for Trump will be the biggest suckers. DT will do plenty of damage and will betray all his supporters over and over again. At least some of us will be able to say we didn’t vote for that.

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        • it is showtime

          It was the correct path. The last several years of econ stability was largely artificial. Zh is the arbiter of that. You’re gonna get to see the crash/meltdown blamed on Trump, even though it’s absolute bunk. His contention of the system and target of pro america and pro logical simplification were correct

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        • chuck bennett

          And the second coming of Christ will appear and tell us Frog was right.

          Regards

          Chuck Bennett

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        • frog

          It will be obvious to everyone that Frog was right, once Trump is in office for a while. The man is unstable emotionally and unlikely to do much good, and very likely to do harm. Just because someone is not a politician does not mean they will do a good job in public office. In fact, it most often probably means that the person will be clueless about how to do the duties of a public office well.

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    • dcolella15

      Ill sell you a bag full of options at that probability. I can’t think of a more foolish bet.

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  5. husaria

    Frog our dancing organ grinder monkey seems more uptight than usual. Maybe she put bra on backwards. Ahhhh, now I know. She upset because she put bra on backwards and find it fits better!

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