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
23,419 Blog Posts

If the Elites Are Scared of Trump, Markets Might Be Doomed

Now that the circle jerk is over and markets are permitted to trade lower again, let’s make some logical assumptions, shall we?

The globalist shills hate Trump and will do whatever they can to derail him, even spreading false stories of Russian hookers urinating on his face. Ok? You laugh, but this is fucking insane to see our intelligence agencies do this to a soon to be sitting President.

Trump doesn’t like the tech titans and believes $AMZN is a monopoly.

Trump wants to end Obamacare.

Trump wants defense contractors and drug companies to stop ripping off Americans.

Trump wants to do a lot of fiscal spending, but may find that difficult to pass in the house and senate, especially if they do not want to work with him.

Trump wants a trade war with both Mexico and China, which might poleax the fuck out of China to orders of magnitude so bad they might just invade a country because of it.

Get the picture?

He is the quintessential threat to the reality you’ve been living in for the past 30 years.

The post election bump will be attributed to Obama. After Trump takes over in a little more than a week, the market is his. Year to date, markets are higher by 1%; but we’re starting to see some weakness permeate.

The sky isn’t falling and people want to believe in the best case scenario. Nevertheless, if ‘they’ are desperate enough to fake intelligence reports about the next President in an effort to hurt him, who’s to say they won’t take this market down, with the help of a hawkish Fed, to annihilate his hopes for fiscal stimulus?

Tread carefully.

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17 comments

  1. john_galt

    Hope you took profit in your garbage portfolio

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  2. mx2101

    Didn’t pharma stocks rally when ACA was passed? Is reversal of ACA baked in?

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  3. ericbakerbruce

    Like I said…I will not leave the ark. You called me a relic.

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  4. cancel19

    Is it time to ponder boarding the Ark?

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  5. 99 lead balloons

    How is arc these days? Lots of gold on board?

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  6. Marc David

    Do you think how much a person (male, female, other) bench presses really says a lot about them? Or is that just a bro question?

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    • john_galt

      yes, the more one bench-presses the smaller his dick is.

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      • infinitezuul

        True, however the opposite is true for pushups. The more pushups one can do, the bigger.

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    • traderconfessions
      traderconfessions

      No way. However, it’s scientifically proven that those who ask such stupid questions are morons. And of course, as my bros above have commented, have girly dicks. But there’s no such thing as a stupid question here at IBC (except for yours) so keep them coming.

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    • fryguy15

      No; however, a person’s waistline speaks volumes about what kind of person they are.

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  7. frog

    Yeah, the elites are really afraid of Trump. Did you see how much GS stock went down since the election? And what about all those working class people in Trump’s cabinet who have spent their whole lives trying to put an end to crony capitalism ….oh, wait.

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  8. peaches

    How is Amazon a monopoly? There are other companies offering cloud services, plenty of online retailers? what am I missing here?

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  9. peaches

    all that monopoly talk sounds like BS from people who got mad they never rode the amazing $AMZN train. Same with FB and GOOGL. Just damn good performers. Trump is a “good” businessman because he skimps on paying contractors. Bezos delivers my toilet paper at the push of a button. I got the dash button for charmin on my toilet. 100% Dope. No BS. Just an actually “good” businessman doing his thing.

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  10. gapfiller

    “The post election bump will be attributed to Obama.”

    How would that ever make sense in terms of attribution?

    I will say, though, that in those stupid charts we see from time to time showing the performance of various presidents, Obama will get the benefit of this “Trump rally” in the medium and long terms.

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