Bank stocks have enjoyed their best post election run ever. Its been a long time since anyone cared about a banker, I mean really cared. With the appointment of Mnuchin, Trump all but assures wanton support by Wall Street for his reelection run in 2020. If he should appoint Romney as his Secretary of State, he’ll lock down the old school republican vote too.
Some view this as Trump caving in by operating under a business as usual administration. If his policies turn out to be of the globalist neocon nature, I’ll be the first one to toss Trump under the bus. For now, I’m assuming this is a Machiavellian ploy to keep his enemies close, in order to control them.
We’ve had a magnanimous run. Crude stocks are higher by 13% today — sporting moves which harken back to a place and time on Wall Street that was glorious.
While the prep schools in the Northeast of America celebrate the resurgence of Wall Street, the techfags in Silicon Valley are enduring an acrimonious assault upon their valuations, one that shouldn’t be dismissed.
The FAANG stocks are down again — leading the NASDAQ lower on a day of reckless speculation. Over the last month, this monopolistic cadre of stocks have lost more than 5% in market cap, a group which has a conjoined market cap of $1.9t. The entire basic material sector, including $XOM and the other giants, equals $4.2t.
Biotech stocks are also lower today, off by 2%.
how to pronounce Mnuchin?
I’m starting to looking forward to the post where you admit you got taken for a long ride by our Shyster in Charlatan President. Me, I’m still a “glass of swamp water half-empty” guy. After all we have Bannon in the White House! And he hasn’t worked for the Golden Idol Ball Sachs for like, a lot of years!
Don’t worry guys- even if it remains business as usual in politics, citizens of these United Trump Steaks of America will soon have a shiny new wall to take our mind of stuff. Rightfully frustrated white Americans can project our anger at Dirty Sanchez’s Poop Stache. And also fuck “Cooba” am I right? They may have good music and great cigars
but they basically wear poop mustaches as well.
The President, who has never drinking alcohol, is pouring shots of Trump Vodka! That will hold us over for the time being. And not that many Americans are dying each year from global warming… In four years or so we’ll be able to figure ALL this bull shit out.
Also with any luck insurance companies can go back to denying people with pre-existing conditions! Oh and hopefully women will be back in the kitchen, pregnant and where they have always belonged. Instead of, oh I don’t know, serving in the military and droning the shit out of ISIS.
I’m not worried. “The Fly” evolves quickly. If needs be you’ll be able to reconfigure your “online persona” in no time. That’s one of your best qualities, Fly. You’re always changing.
Quit shilling and care trolling. Your bitch is still going to jail.
Fuck Hillary I’ve always said that. I just want you to get behind real reform.
make these halls great again
Maybe you fail to understand who I am. My advocacy for Trump wasn’t because I liked him. I liked what he was saying and hated what she was saying.
Now you’re calling him a liar. I’m still willing to give him a chance, the benefit of the doubt because hope springs eternal. To flippantly say Trump will not deliver because you bought the media narrative is weak.
Let the man prove something first, when he’s in office. Then judge.
I’m truly sorry if you think I’m a trolling. I’m just calling out the facts as I see them and trying to be a little funny too. Don’t get me wrong I want the man to deliver – on some stuff particularly. I am certainly interested in draining the swamp, independent thinking, and the carried interest tax reform….
Despite what I may sound like I’ve been defending Trump against the dems out here. I get called sexist every day because I didn’t vote for here. She creeps me the fuck out and I think Trump could be better in some important ways.
Silicon Valley swamp? WTF Fly…
The Silicon Valley swamp is the gayest swamp of all.
Because Exxon invented the computer and deepwater horizon was Google’s fault.
Silicon Valley is gayer than a blade. They will have a real problem if those work visas get a little scrutiny supposedly. Kind of surprised they have not made any attempt to accept the election. Delusional or something.