The Conservative Cave
Current Events => The DUmpster => Topic started by: CC27 on November 02, 2016, 09:34:30 AM
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SouthernProgressive (300 posts)
I attended a very conservative oriented business meeting this morning.
Talk turned to politics and the overriding theme was Trumps instability and what it has and will do to the financial markets. We had a representative from a large investment firm speaking. He talked about the fear of Trump in his industry. They fear instability. They said Clinton is more of the same which is viewed fondly.
I have not fact checked this and don't know how true it is.
He stated markets almost immediately dropped %1.5 after Comey sent his letter. He stated in his industry that alone is frightening.
He also stated our election is directly influencing Mexico's currency. Good news for Trump or bad news for Clinton alone is shifting the value.
I left with a very positive attitude. This was a conservative environment and there was no positive talk about Trump. It was all negative about him from the members.
http://www.democraticunderground.com/12512572255
Terrible. Just Terrible. These bouncys suck these days.
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So the primitives have now embraced what's best for multi-national corporations. Nice!
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No DUmmy would be invited to a corporate board meeting. Unless it was for their pot buying co-op.
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I received a message on my implants this morning from E. F. Hutton. He said if Hillary wins to invest in commodities: lead, brass, sulfur, charcoal, and, saltpeter. :fuelfire:
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It is my opinion that the market averages have fallen because there will be a way to invest to make money if HRC wins, and a whole other way to invest to make money if DJT wins, and the smart folks are selling out of current positions in order to have ready cash to buy into the "correct" new position early.
I have absolutely no evidence for this. Just a feeling based on hazy memories of recent history.
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It is my opinion that the market averages have fallen because there will be a way to invest to make money if HRC wins, and a whole other way to invest to make money if DJT wins, and the smart folks are selling out of current positions in order to have ready cash to buy into the "correct" new position early.
I have absolutely no evidence for this. Just a feeling based on hazy memories of recent history.
I think you're dead on. Supposedly, if Trump wins, the market's going to dump 10% in a hurry. That means, get cash ready to 'short' a whole bunch of stocks.
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I think you're dead on. Supposedly, if Trump wins, the market's going to dump 10% in a hurry. That means, get cash ready to 'short' a whole bunch of stocks.
Yup.
Trump thinks interest rates need to be higher (I agree). People should be able to get a decent rate on their savings.
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Yup.
Trump thinks interest rates need to be higher (I agree). People should be able to get a decent rate on their savings.
They can, just not by use of CDs or government bonds. 10% s&p has absolutely crushed it.
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I'll have to consult my ouija board... might be a while. I'll let ya all know what is says.
(http://hottopic.scene7.com/is/image/HotTopic/10688531_hi?$pdp_hero_zoom$)