Monday 13 February 2017

Trump is a mobile black swan factory

You know you're the boss when your every
word rocks the financial markets.

That is what Trump is doing. People like
hedge funds are throwing up their arms
wondering what he'll do next.

That is a perfect context for a black swan
to waltz right up and beak the banks on the
 butt. It would give us the complete
financial meltdown and reset that we so
richly deserve.


As I had mentioned before, the modus of
everybody in the financial sector and govern
ment were focused on unblocking any
liquidity logjam with plenty of fake
"future money" (to be paid by our
grandkids).

And it was working perfectly. All calls
for the Crash #2 were met with more fake
money.

The QE spigot, in true Ponzi style, was
pumping up all asset classes into a bubble
because this condition looks like good
economic times to the illiterates at the
MSM.

So it was all "buy the feckin dip."

[a message could not be simpler]

Even I know that the markets have gone
up for over 2 years now, ceaselessly.
From the 2014 date of this video to
now you could have doubled your money.
Of course, sensible people were worried
of hitting the top and riding the losses
down to zero.

No such problem. Buy the feckin dip.
Even an idiot could have borrowed
money to gamble, and won!
It's like this cartoon knew that the
US gov would backstop all this
fin de siecle suicidal pact pyramid
scheme.

Now Trump risks torpedoing all this
by accident.

The markets have been hanging on his
every word. Let's see what the markets
have been doing since Trump was elected:


CNN:

1-Trump sinks drug stocks
He plans to make drugs cheaper for Medicare.

2 Wall Street has kicked off the Trump presidency with a bounce.

The Dow jumped about 95 points on Friday following the swearing in of Donald Trump as America's 45th president.

During the inaugural address, the new president promised to follow through on his campaign pledge to protect American jobs.
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"We must protect our borders from the ravages of other countries making our products, stealing our companies and destroying our jobs," Trump said.

He emphasized that his administration will follow two simple rules: "Buy American and hire American."

Trump sought to bring the country together following a turbulent election.

"When America is united, America is totally unstoppable," Trump said.

Related: Trump market rally on hold, but may not be over

Wall Street has been on an upswing ever since Trump's historic upset of Hillary Clinton, though the euphoria known as the "Trump rally" has waned in recent weeks.

After an overnight selloff on election night, the stock market welcomed Trump with a bang as the Dow soared 257 points the day after the election. Eventually, the Dow would surge more than 1,400 points between the election and the end of the year.

All told, the U.S. market has gained $1.4 trillion in value since the election, according to S&P Dow Jones Indices.