Everyone loves Trump now. Well, everyone except some butt hurt millenials who have scrambled eggs for brains.
All of a sudden, Trump is the shit. Gone are the days when he was literally Hitler and a grave threat to life. Now, since he’s been elected, he’s Reagan. No, scratch that. He’s Reagan without the jelly beans, with a golden mane, and much, much smarter.
Markets are soaring. Even Mexico and China love Trump. He’s literally going to make Mexico pay for a southern border wall, and they love him for it. The Chinese and Japanese markets are both celebrating an end to their very profitable careers as professional thieves, stealing from the American people.
Long time bear, Stanley Drunkenmiller, said he sold all of his fucking gold on election night and now buys stocks that focus on economic growth.
“I sold all my gold on the night of the election,” the founder and former chairman of Duquesne Capital said in a “Squawk Box” interview.
He said he’s betting on growth by shorting bonds globally and he likes stocks that respond to growth. He also likes prospects for the dollar, especially against the euro.
This rosier outlook is in sharp contrast to what Druckenmiller said at the Sohn Investment Conference in New York in May. He told attendees they should sell their stock holdings. At the time, he said gold was his “largest currency allocation.”
In the past, Druckenmiller has been negative on the country’s growth prospects, but he said Thursday: “It’s as hopeful as I’ve been in a long time.” He added, “I would not be surprised if we’re not looking at the peak of the divisiveness.”
Since Republicans maintained control of the House and Senate while winning the White House, Druckenmiller said “this is the greatest chance” to get tax reform and regulation passed.
That’s it. Trump is both adored and cherished on a worldwide basis, as a gift — father of dragons — breaker of economic chains. Hillary Clinton wasn’t really Wall Street’s favorite. They were just scared she’d have then killed and made believe they liked her. Truth is, they fucking hated her. They love a Trump and you can see that now, as the Dow is whisked higher to new record highs, amidst happiness and joy that our next President is, in fact, a financial genius.
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Thoughts on fcx now?
Waiting it out
This could be a yuge fucking ride. Trump could turn all this shit around.
He is going to have to put the screws to the entrenched GOP leaches in CONgress as the first order of business. The need to have The Fear put into them on Jan 21.
Oh, no. The Hitler memes have gotten much worse. The End is near, we are all doomed, and the leftist idiots on my Facebook feed are as weepy as ever. Oh, the Drama.
Tech not feeling Trump.
Trump is going to crush Bezos and cook Cook.
Trump is going to take Bezos’ precious monopoly away.
“Huge antitrust problem.”
Awesome. Screw the SV kings.
But…you said the markets would implode and were positioned in long gold, long bond and short stocks. You were telling all to board the Ark as the 800 point drop Tues night was just the beginning of a massive market implosion. Those positions been carpet bombed. No word though on that front. Did you stop out of those positions? Long stocks now?
I didn’t mention a damned thing about my positions. You’re inferring plenty because you’re a sick person. 95% of my posts do not even talk about my positions. If you want to know about them, they haven’t changed and are exactly the same as before the elections.
You can find out what they are by paying… LOL
I didn’t say that. This post is dripping with sarcasm. Are you people so dense that you can’t pick up on that?
Trump is going to inherit a giant crash and he knows that is precisely what he needs in order for the Trump Train rise up from the ashes in a yuuge over-stimulated hard-on of real econ growth — the reset, like the Hillary indictments, must come…
Druckenmiller is drunk on Miller. Trump is not Reagan. He became President after an extended period of stagflation. We have had an extended period of deflation. You can’t spur growth in this environment without starting a massive war.
“operation qqq closed”
The FEDS
Wow, NASDAQ 100 getting absolutely killed right now.
market is back to “super normal” now
h 10.48 “ripristinate normal long low-vol algo”
The FEDS