Posts Tagged ‘market reaction to election’
Turkey Day Highs
The bull market is set to turn 9 in 2017. Vanquished by the bull: Eurozone crisis, deflation, China bubbles, taper tantrums, BREXIT, and now Trump. The bullishness of the tape continues to shock, with the Trump rally, after the fact, looking strikingly similar to the BREXIT rally; the market provides every indication that one outcome…
Read MoreTrump; & The Arrogance of The Elites
In shocking, inexplicable, unfathomable, polarizing, surreal fashion, Donald Trump wins the presidency of the United States, by winning the states of Pennsylvania and Wisconsin, along with all of the states expected to lean his way. Stocks, currencies, and commodity markets are in disarray. The S&P 500 futures sank approximately 100 points (~5%) around midnight, with…
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