Sounds like a sell signal. When the bottom drops out of the market Trump will tweet about how it was someone elses fault, but he sure is happy to take credit for the bubble before it burts. What ever happened to candidate Trump who could see bubbles for what they are?
Not Sure
November 23, 2017 9:52 am
Hmmm, how to play this? Exposing the reality of the bubbles would have been very noble, but would not have gotten him elected. How far would he have gotten declaring the real story, when any attempt at reality would have been laughed at and scoffed by all the market geniuses out there. What was good for the goose must be good for the gander, if Obama can claim a solid market, why not Trump?
Now that he is the President, there is an uptick in market confidence, but the same bubbles that were there in the last 8 years are still in place and growing by the day. So, when they do pop, can it truly be said it was Trump’s fault? IMHO, His being elected bought a little time, but nothing will stop the eventual avalanche that is coming; with just one more thought, who better to be in place when the SHTF? Not saying he’s the best, but compared to Hillary or Obama, I’d prefer to take my chances with Trump.
rhs jr
November 24, 2017 12:29 am
Printing fiat currency since 1971; what could go wrong?
Sounds like a sell signal. When the bottom drops out of the market Trump will tweet about how it was someone elses fault, but he sure is happy to take credit for the bubble before it burts. What ever happened to candidate Trump who could see bubbles for what they are?
Hmmm, how to play this? Exposing the reality of the bubbles would have been very noble, but would not have gotten him elected. How far would he have gotten declaring the real story, when any attempt at reality would have been laughed at and scoffed by all the market geniuses out there. What was good for the goose must be good for the gander, if Obama can claim a solid market, why not Trump?
Now that he is the President, there is an uptick in market confidence, but the same bubbles that were there in the last 8 years are still in place and growing by the day. So, when they do pop, can it truly be said it was Trump’s fault? IMHO, His being elected bought a little time, but nothing will stop the eventual avalanche that is coming; with just one more thought, who better to be in place when the SHTF? Not saying he’s the best, but compared to Hillary or Obama, I’d prefer to take my chances with Trump.
Printing fiat currency since 1971; what could go wrong?