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 ...
Hilda is the candidate of Wall Streeters. That’s why the establishment on both sides of the aisle are backing her.
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This article makes the Trump case in spades.
Is she going to get 100% of the vote...?
Just shows how delusional some insiders are
I wonder how the Bernie voters feel about this?
Bernie whole campaign was based on reining in Wall Street
Clinton sounds like she is going to give them everything she promised them for
How is she going to rein them in, if she is owned by them?
This article proves that
The Wall Street Journal used to be a paper I really respected.
My how times have changed.
Wall Street is clueless as to how much the average American has come to loathe and detest it.
EVERYONE and EVERYTHING!!!
Wanted to rich so badly once, it didn’t happen. So what.
My BIL is worth 30 or 40 million dollars and is the most miserable and CHEAP and ANNOYING and SELFISH and UNHAPPY human being i have ever met. He also seems to think he is immune from death, because I’m not sure what he’s saving it all for.
They have one kid. she could get by on 15 million.
Enjoy the ret for goodness sake.
He once told me that trading and getting rich would be the “last chance” i get to do something useful with my life.
That’s it. Making money is the ONLY useful thing you can do with your life.
Trump is GENEROUS with his money. Someone you can respect. That’s admirable.
I have made some good dough in my time and I’m comfortable but will never be reach because I like giving. It makes me happy.
some people, in other words, are looking to profit on the death of a once-great republic. Truth.
No no no!! I see it too- hiLIARy is going to win so big!
No need for her supporters to even bother to leave the house.
In fact, she has so much support they are going to have voting for Trump on Tuesday and voting for HilLIARy on Wednesday, just to avound the crowds for her!
>>There is no such thing. Fiscal Spending takes money OUT OF THE ECONOMY....................
Globalist Progressives believe that markets are designed to make the Elites wealthy and government is designed to keep the masses fed, sheltered, and complacent. To this end, fiscal spending is the money that circulates for you and I to live on while privately held wealth is supposed to sit in safe places.
The government’s plan is the perfect complement. They create fiat currency and funnel it into the economy so the masses can eat, with the knowledge that the Elites will pull it out of the economy before it can churn enough to create inflation.
That is our “economy” in a nutshell. Wall St needs Hillary to keep the cycle running smoothly and Hillary needs Wall St to keep the money out of our grubby little paws.
The last election which gave the GOP it's majority, was about rejecting the establishment!
Country is Bankrupt and these idiots want Hillary
agitprop...they print what they wish to become true
But it's obvious to everyone that her lack of public appearances and limited mobility during those public appearances indicate serious health problems with her--and the Left is so terrified of Hillary being incapacitated within the next 45-60 days that CNN canceled Dr. Drew's show on HLN and a Huffington Post contributor was fired, both for asking serious questions about Hillary's health.
Let's just say, they have some vested interests (translation: pay for play payola already paid) in her winning the presidency.
If Trump wins, all of their "investment" in hilLIARy is down the drain.
I wonder how the Bernie voters feel about this?________________
Was thinking exactly that as Bernie enjoys his new summer cabin at $600k! He suckered them all in and then threw them overboard.
May Hillary get beat as bad as John C. Breckenridge did in 1860.
Really????
Could have fooled me!
Obama and his Democrats have gotten everything they
wanted and more under Ryan and McConnell.
The Republicans are worthless as an opposition party. Jughead has gotten everything he wanted without a whimper from these RINOs.
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