Saturday, December 16, 2017

Lest we forget. The geniuses-----A Trump win would sink stocks. What about Clinton? - Oct. 24, 2016

A Trump win would sink stocks. What about Clinton? - Oct. 24, 2016
October 24, 2016
Global stock markets have priced in a Clinton presidency
If Donald Trump wins the election, U.S. stocks (and likely many other markets overseas) will almost certainly tank.
How big of a drop? 
Forecasting firm Macroeconomic Advisors predicts an 8% fall in the U.S. 
A new paper out Friday from the Brookings Institute projects a 10% to 15% nosedive. 
You get the idea.
...Almost everyone on Wall Street currently predicts Hillary Clinton will win the White House. 
A Trump triumph would likely cause investors to flee stocks to the safety of gold and bonds...
Related: Investors really want Clinton to win now
First of all, the market is already pricing in a Clinton win. 
The gains have already happened. U.S. stocks rallied after the first and second debates as Clinton gained momentum. 
(In addition to stocks, other market metrics like the Mexican peso also rallied as Trump's chances dimmed).
But after the third debate -- one which many believe Clinton won decisively -- stocks barely budged.
"The election is just a sideshow," says Boockvar. 
"The main driver of the markets is not the election. 
It's central banks and ultra low interest rates."...
Related: Stocks would fall 8% if Trump wins, forecasting firm says
Watch out for these scenarios:
1. Do the Democrats win back the Senate? 
What about the House of Representatives?
...There's a 71% chance that Democrats regain control of the Senate, according to polling site FiveThirtyEight..."
Most SMUG (and wrong) video EVER!!
Read it all.
Blatherous Predictus Dumbaas!

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