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
23,474 Blog Posts

MARKETS DIVE

The negative ISM numbers, at first cute and funny, have begun to take their toll on investors and stocks are in pullback mode.

The Dow is off more than 80 and WTI is down 2%.

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Gold is bouncing after a 2 week slump, indicative of a possible dovish Fed coming out on the other end of an economy that is apparently contracting.

The last negative ISM number was in February of 2016, when the world was ending. Granted, March ended up being a surreal time to invest, all built upon a foundation of sand. The premise being, a bad economy equates to more central bank rigging and a potential for reflation. This, of course, hasn’t materialized, as WTI dives lower into the low $40s again.

Also, let’s not ignore the construction numbers that came out today, a true harbinger of doom.

It’s also worth pointing out that Donald Trump is now up by 1% in the latest Rasmussen poll. He is the biggest threat to the globalist oligarchy since Reagan. It’s not a secret that Wall Street prefers Hillary, as corrupt people are inherently corruptible. Plus, she’s the status quo and that’s good for people with wealth. A Trump presidency throws everything into a fucking blender and turns that fucker on high.

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5 comments

  1. dcolella15

    Sign me up for the blender

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  2. lplongo

    This conjures images of Chunk confessing everything while facing hand mutilation in the blender

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  3. ConManipulation

    Sooooo, +3 at the close, thanks to the 3:30 ramp?

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  4. rigged game

    Trump hit a home run in Mexico, but then he forgot to touch home plate as he
    went to Arizona to deliver his insane retrograde “immigration” speech.

    Mexican immigration is as big a threat to the USA economy as I am.

    If Joe Biden was running rather than Hillary, he would win over 450 electoral
    votes and have a 80%-10% lead over Trump in the polls.

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  5. zola

    Blendersex. Don’t knock it (up) if you haven’t tried it. Ass for Trump – He has Nigel on his side, and that is in itself a Trump Card. Nigel is the Real Thing, if there can be such a thing in Politics. Check out this video from five FUCKING years ago, and then join the Nigel fan club, if you have the Yarbels for Farage, otherwise you are CLOCKWORK.

    http://www.youtube.com/watch?v=2gm9q8uabTs

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