Posted on 08/29/2016 1:13:17 PM PDT by GilGil
Wall Street is pricing in a landslide victory for Hillary Clinton, but if she starts to lag, there could be a big unwinding of stock and bond market positions, according to Bank of America Merrill Lynch's David Woo.
Woo said the market is also pricing in a split Congress, with Republicans controlling the House and Democrats the Senate. That would maintain the deadlock in Washington.
"You have a Democrat president, and a Republican controlled Congress which means you have gridlock in Washington. The market is pricing in this gridlock, meaning it's going to be that much of the burden of supporting the economy falls on the Fed," said Woo, head of global interest rates and foreign exchange strategy. That makes it harder to get agreement on changes in tax policy or for fiscal spending that could help the economy.
(Excerpt) Read more at cnbc.com ...
First, this is exactly what they said about Brexit. A vote to remain in the EU meant a good economy and a good market. A vote to exit meant Armageddon. The exact opposite happened and England is doing better now that it is out of the EU.
Same thing here. Vote for Hillary and everything will be great and stay the same. No jobs, declining productivity, more drugs from Mexico, losing manufacturing, uncontrolled immigration, criminality at the highest levels of government then vote for Clinton. Somehow the democrats think this is appealing.
If Clinton does not now release her medical records there will be a landslide but it won't be hers. It will be Trump's. There are so many things wrong with the logic in this article. This was written by the elite for the elite. There is nothing in it for ordinary Americans.
There is no such thing. Fiscal Spending takes money OUT OF THE ECONOMY....................
They simply want a return on investment.
Nigel Farage warned us about the discouragement fraternity!
Seems like they’re pumping hildabama (yewww) full of cash. Maybe that’s why the large tunic? But, she will crack down on wall street right?
England hasn’t left the EU yet. It will take up to two years, assuming politicians don’t stymie the process.
Er, um, Wall Street said this? Or Merrill Lynch’s David Woo?
One guy now speaks for Wall Street?
I don’t see much gridlock on taxes or spending with the republicans we have in the house now. If Hillary were president, they would give her anything she wanted.
A Hillary landslide? ..this authors dreaming.
But if she starts to lag? Uh, Wall Street had better read the polls.
Why is this even printed here? It has no value and makes no sense even in light of the most adverse polling, which shows Clinton up by 7 which is not a landslide. Many other polls, including swing state polls, show it even or with her slightly ahead. I would recommend that the editors start excluding junk like this from posting.
At the same time they say there will be gridlock if clinton wins, they say the market will go down if Trump wins!!
In other words, things will get done!!
That TERRIFIES them. The days of easy money will be over.
I will stay in the market anyway. Not going to try and guess how long it will take for Trump to build an economy reflected in a REAL stock market surge.
It will be higher by the end of his term.
A Hillary landslide? ..this authors dreaming.
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The author is delusional.
Even the gays like Anderson Cooper and Don Lemon are ok with throwing other gays off building if it helps Hillary’s policies. That is how depraved these democrats are and this article is not different.
But if she starts to lag? Uh, Wall Street had better read the polls.
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Nigel Farage said there would be days like this.
Hilda is the candidate of Wall Streeters. That’s why the establishment on both sides of the aisle are backing her.
I think Hillary is over confident and is lying low, only collecting money and relying on ads and ground game.
The “landslide” in question is going to go in the direction of Mr. Trump.
Hilda is the candidate of status quo as far as wall street is concerned. Its about covering their investments at the expense of everyone else.
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