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
23,428 Blog Posts

Traders on the NYSE Cheer Upon Hearing Bannon is Out at White House

Wall Street is trying to paint this in a positive light for stocks, suggesting that Bannon out means Cohn gains power. Truth is, the White House is a god damned mess.

Here are the cocaine addled losers from the NYSE cheering in a drunken rage upon hearing Steve Bannon had resigned two weeks ago.

The top story on CNBC is the market jumping off the Bannon news, but it has faded since and now looking like it wants to give it back.

Today’s top performing sector is the utilities, not exactly a shining example of virile spirits.

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7 comments

  1. sarcrilege

    Hmm. Father Forgive Them For They Do Not Know What They Are Doing?

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  2. dopefeller

    GOOOOD. One racist out.
    Miller & Gorka should go next.
    Trump & Pence can wait until then.

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  3. Cricket

    Federal Reserve Atlanta predicts 3rd quarter GDP will be near 3.7% annulaized. Essentially twice what Obama achieved on average for 8 years.

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  4. traderconfessions
    traderconfessions

    What exactly did Bannon accomplish in 8 months of having Trump’s ear and balls in hand? Nothing. Just another example of how easy it is to criticize from the outside and how difficult it is to manage from within. Trump’s loyalty is epic.

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  5. roundwego

    Was hopin trump go more rebel but probably better with bannon as an outsider. When half of America is working multiple part time jobs and using shared economy to try to fill the gap. Quality jobs will win election ie. Infrustructure and shift away from globalism. Made in America or bust.

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  6. roundwego

    Vix is not being slamed at close on friday. Strange?

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  7. tonka

    Cheering was unrelated.

    Apparently it’s NYSE tradition to cheer whenever someone leaves early for the weekend.

    Good story to fit your narrative though.

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