This isn’t meant to be a political post. I’ve hung up my anti Hillary tirade a few weeks ago. This is a significant headwind for markets, one that is rarely discussed because no one believes Trump can win.
We have a Presidential candidate, one who is extremely popular amidst the disaffected part of the population, who is calling the market a bubble and slamming Federal Reserve policy.
“I did invest and I got out, and it was actually very good timing,” the Republican presidential nominee said in a phone interview with Fox Business. “But I’ve never been a big investor in the stock market.”
“Interest rates are artificially low,” Trump said. “The only reason the stock market is where it is is because you get free money.”
Trump said the market would “go great” if he were elected.
The fallacy in Trump’s thinking of markets ‘going great’ under his leadership is that fiscal policy takes time to effect change. He is right when he says the only reason why stocks are up is due to monetary policy. We all know the game is wholly rigged. There isn’t a fucking chance in red hell for stocks to trade higher the day following Trump gets elected. He’s a weapon of change, a disruptor of the status quo, one that seeks to remove the applecart from a very greedy and select elite who’ve done well under Obama’s policies.
While Trump’s anti globalist, anti market manipulating capitalistic plans might help the economy in the long term, there will be hiccups along the way. Those of you voting for Trump should know the risks involved, as it pertains to your portfolios, should he get elected.
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