Trump is out talking shit about Yellen today, which is perfectly all right, as long as he doesn’t go off the rails and suggest we jack rates higher.
“Janet Yellen is highly political, and she’s not raising rates for a very specific reason – because Obama told her not to,” the Republican presidential candidate said at a press conference in New York. “Because he wants to be out playing golf in a year from now … he doesn’t want to see a bubble burst during his administration.”
Oh shit, wait. What?
I like Dondald Trump, but for reasons that worry me. I actually own a Trump apprentice action figure doll. I bought it years ago so that I could press the button to make Donald fire people for me. I’ve read one of his books and think he’s a good businessman, including his crazy eyed bankruptcies on Wall Street that ruined so many morons who were attracted to the Trump brand.
I marvel at the fact that southerners, who innately hate yankee New Yorkers, are supporting him–just because they are out of options. Trump is like a soundboard of the American disgruntled. I think, for me, he represents a certain anarchy that naturally appeals to me, which probably isn’t good for the stock market, but excellent for financial news, however.
Look, building gigantic fucking walls, telling the Chinese to fuck their mothers, and jacking up interest rates isn’t exactly a recipe for “making America great again.” These are all cool things, especially when afforded the liberties of thinking they will never actually happen. But Trump is ahead in the polls and we both know that lunatic Dr. Carson doesn’t stand a chance.
We may need to begin formulating what a Trump presidency means for the S&P 500, which is like the funniest shit in the world; because you know it’s bad.