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Asian Markets Celebrate the Trump Ascendancy; NIKKEI’s Gains Near 1,000 Points

Seeing Asian markets boom higher is no different from someone celebrating his own demise over a steak and champagne dinner. The proposed policies of D.J. Trump will revoke the deleterious trade deals which have laid waste to vast swaths of the American rust belt — as well as other parts which aren’t part of the coastal elite globalist scum.

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I get the gist of wanting to move higher. Equity markets, traditionally, love a good short squeeze. But I’m telling you now, none of these fuckers who are buying stocks have the slightest idea what a Trump ascendancy means for them. None of the media or global elite understand how Trump was even in the running, let alone the odds on favorite to become our next President. These same people, mercenary capitalists, believe status quo and maybe a little infrastructure stimulus will become the hallmarks of a Trump government.

WRONG.

At the heart of Trump’s policy proposals is an ‘American first’ theme which will lead to tariffs on goods entering into the United States. Moreover, he will remove the shackles on both coal and oil industries to better exploit our natural resources. Again, these policies aren’t friendly to global trade, but instead focus on creating wage growth domestically.

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Wall Street Loves Donald: ‘The Trump Trade’ Now Cited as the Best Thing Since Reagan

There’s an old saying, ‘be careful for what you ask for, you might just get it.’

The bond market collapsed today, in what could only be described as a resumption of free market capitalism, snapping out of the Obama led stupor which has mystified and stymied growth for the past 8 years. Subsequently, my bond position was crushed and markets roared like a golden haired lion towards new heights.

Just yesterday, it was feared a Trump Presidency meant a continuation of the Great Depression — bringing with it market crashes and unbelievable fuckery — as racist Americans slapped each other in the faces with confederate flags.

Today, following his magnanimous win, Trump is the new Reagan, only much better.

“When you look at Trump’s fiscal package — he’s Reagan plus infrastructure spending. He’s basically faster growth, bigger budget deficits and this probably will give us inflation,” said McCarthy. President Ronald Reagan boosted U.S. military spending dramatically before the end of the Cold War

I’d gladly swap out my money for the chance to make America great again. Without hesitation, ‘The Fly’ would permit his accounts to circumvent the drain and drift to zero, in order to prevent the annihilation of America, which would’ve happened under the very evil and satanic Hillary Clinton.

In other words, ‘The Fly’ is being sacrificed today on the god damned altar of freedom. Frenched fries are raining down on America and hammed burgers festooned on the gates of every god fearing city. The Donald is an unbelievable gift for mankind, a magnanimous person who has traveled through time to unshackle the American people from globalist scum. Because of his ascension, the divisive and racist policies of Obama and the neocon left are now behind us.

Wall Street has decided to behold the grandeur and elegance of a gigantic southern border wall, which will work towards defeating the Mexican drug cartels and exploitation of the Mexican people by our very horrible and mean multi national corporations.

If you’re wondering what happens next: no one really knows. Trump’s dynamism and ability to craft deals makes him the single best person to reignite the energetic experiment crafted upon these lands by our forefathers. Foreign entities have been defeated today and the Obama legacy forever tarnished and marred by a republic who stood up, with fists filled with cheese doodles, and said ‘enough is enough. We are going to make America great again, god damn it.’

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The End of Obamacare Has Healthcare Stocks Reeling

The main tell for me whether or not Obamacare was going to help people was when Healthcare stocks soared after it was approved. How could we save money and large healthcare corporations make more money at the same time?

Impossible. Obamacare was literally written by the healthcare companies and passed by a corrupt congress.

Post Trump victory, healthcare stocks are crashing lower on the specter that the gravy train will soon be ending.

HCA is at the vanguard of the decline.

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Who knows what the hell will replace Obamacare. All I know is that healthcare investors aren’t sticking around to find out.

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The Elections Were Legit, But Markets Are Still Rigged

Wall Street has erased a 900 point deficit and just traded green. Who knows where it will end up? But this is the type of volatility that literally kills people. Markets rose 500 points in the previous two sessions, in the hopes of a Hillary win. Upon Trump winning, futures cascaded lower, as well as commodity and European markets.

All of that is being revoked. Europe is higher. WTI has erased most of their losses. And bank stocks are ripping higher. The thought process behind that is higher rates under Trump means wider yield curve. As such, the curve has widened to 110bps. All of this action is indicative of an economy on the cusp of boom.

Perhaps all of the hand wringing over a Trump win was theatre, forcing weaker hands into capitulating so that someone could buy the blood?

If Trump is truly serious about renegotiating trade deals, permitting cash from overseas to be repatriated cheaply, and build a gigantic southern wall, I don’t see how any of that would hurt markets in the long run.

However, short term, uncertainty is toxic for markets and we should be sharply lower today. I’m not touching any of my positions now, as I expect emotions will run high and money to be mistreated by idealogues without brains. Give it until next week to truly get a feel for this new reality and then make some longer term decisions.

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Mark Cuban Buries the Hatchet, says ‘Let’s Give Trump a Chance’

No one on planet earth was a bigger dick to Trump during the campaign. Cuban went out of his way to enslave himself to Hillary, doing her bidding by constantly calling out Trump for being a horrible billionaire businessman. Geez, I love oxymorons.

At any rate, Cuban may be a Hillbot, but he isn’t stupid. He tweeted out some mature thoughts and seems to be moving on with his wonderful life.

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Rachel Maddow: Graceless in Defeat; Hillbots Trend #NotMyPresident on Twitter

This is all very classy stuff. #NOTMYPRESIDENT is trending on Twitter, populated with scores of butthurt care trolls, beguiled and beset by the horrors of Nazi Trump rising to power.

Here’s Rachel Maddow in a nervous breakdown collapse last night.

Everyone needs to chill and look at the bright side. The globalist scum, who’ve been gutting this country to the bone, have been defeated. The country wants change, something Obama promised but was unable to deliver. The only change Obama provided was the complete destruction of the Middle East, and deteriation of relations with Russia, as well as the rise of ISIS.

Let’s not be too harsh on our liberal friends, for today is a day of mourning for them. Go ahead and take to the internet to express your utter dismay with America and how Hitler is back, only with an orange hue. You’ll be proven wrong, although you’ll never admit it.

Oh, and then there’s this.

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Biotech Stocks Scream Higher, Thanks to Trump Optimism

Hillary’s schemes for healthcare included messing with the big pharma apple cart — which was the prime driver behind the sectors dreadful -35% performance during 2016. However, not that she’s lost and relegated to the Walter Mondale trash heap of losers, the sector is enjoying a furious, barn stormer, rally this morning — higher by nearly 6%.

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I’m not sure if the market is reading Trump correctly here. After all, he’s pledged to fix the healthcare system and to be against big business fucking with the people. Frankly, I don’t see how Trump could permit these companies to enjoy largess profits, and reform healthcare at the same time.

Nevertheless, for now, people in biotech land are elated with the Trump win — bidding up shares of controversial stocks like ENDP, MNK, VRX, as well as the leaders GILD, AMGN, BIIB and many others.

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Mexico’s Ridiculous Peso Careens to New Lows

It looks like the gravy train for Mexico, the cesspool of N. America, is coming to an end. Forthwith, the government of Mexico will have to learn how to cope with their drug dealers, their fugitives, and their poor, without enjoying the benefits of dumping them into America, through a porous border.

Under a Trump regime, a grande, and very elegant, southern border wall will be erected, which will be paid for by the government of Mexico. They may not realize it now, but they will. By the way, how smart does the Mexican president look now, for inviting Trump, in spite of harsh criticism?

Nevertheless, the peso is crumbling to pieces this morning, like a handful of cojita cheese on a hot empanada, by more than 9%, to new lows.

 

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Futures are off by 300; but it’s not too bad out there.

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