What Donald Trump Gets Right About Stocks and the Economy [SO SAYS WASH. POST]

The Fiscal Times ^ | April 7, 2016 | Anthony Mirhaydari

[expat_panama]

Just uttering his name will summon a powerful mix of emotions in the average American depending on their political bent. The GOP presidential frontrunner continues to ruffle feathers, crash the status quo — and he remains the only Republican with a path to the nomination on the first ballot at the party’s convention.

Amid Trump’s talk of NATO's obsolesce and building walls, he has also chimed in with some surprisingly contrarian — and in my opinion, right on the money — statements on the economy.....

...let's talk about his comment that the 5 percent unemployment rate is likely doctored and that we're "probably into the twenties if you look at the real number."

Trump elaborated on the official unemployment rate... ...I wouldn't be getting the kind of massive crowds that I'm getting if the number was a real number."...

...Trump warned that it's a "terrible time" to invest in the stock market given his feeling that we’re in the midst of another “financial bubble.” Back in December, he warned the bubble could soon burst.

With core measures of inflation rapidly approaching the Fed's 2 percent target... ...the next policy tightening timing in December, after the election.

If there was going to be a catalyst to prick this latest bubble — fueled by the grandest experiment in cheap money stimulus in human history — a series of aggressive Fed rate hikes would do the trick.

For now, the technical and fundamental outlook still looks challenging for stocks...

...Trump, it seems, could be onto something. Which makes one wonder why he wants the job — cleaning up what's likely to be one hell of a socio-economic mess — in the first place.

[expat_panama]

Not everything the Wash Post says about Trump is true, and not everything Trump says about the U.S. is true, but imho what's good here is now we know that these things are in fact being said.

By someone.

[exDemMom]

Which makes one wonder why he wants the job — cleaning up what's likely to be one hell of a socio-economic mess — in the first place.

Maybe he wants the job because he isn't willing to let the US recede into history without at least making an effort to save it.

Face it, the government of, by, and for (mostly leftist) lawyers is not working. If we don't fix things soon, the result will not be pretty.

[expat_panama]

Zowie!  It's Friday, we just had a distribution day and IBD's pegged the situation as "Uptrend Under Pressure".  Now, they say it's a yellow light (proceed w/ caution) but what I'm seeing is that the past few years UUP turns out to be a good sell signal.

On the other hand these futures traders say stocks will soar today and on the other hand these other futures contracts expect stocks falling even more...  Meanwhile gold and silver are both trading up while futures see them gold +1.49% and silver +1.17%.

Wholesale Inventories later today.  Headlines:

Free Pfizer! Why Inversions Are Good for US - Diana Furchtgott-Roth, NYT
In Financial Terms, Bank Reserves Are Arpanet - Jeffrey Snider, RCM
The End of Short Covering and 'Fed Put' Spells Trouble - Jeff Cox, CNBC
Why the Market Will Get Ugly Later This Year - Alex Barrow, TheStreet
Panama Papers Reveal Two-Tier Global Economy - Tim Dunlop, The Drum
It's The End Of Globalization As We Know It - Matt Phillips, Quartz
OPEC's Political Agenda and the Price of Oil - Thomas Kee, MarketWatch
Coming 'Tidal Wave' Will Throw the U.S. Into Recession - Bob Bryan, BI

[Eccl 10:2]

Exactly. He wants the job because he actually loves our country, and not because he is beholden to evil, foreign, or corporate interests.

[expat_panama]

he isn't willing to let the US recede into history without at least making an effort to save it.

Wouldn't it be fun if on Trump's inauguration day, his entrance to the WH was preceded by drug sniffing dogs followed by a photo op of Trump walking in carrying a mop...

[palmer]

I won't click through to the Post, but I do remember reading that he was a clown last summer, not serious, etc. Being a good concern troll, I told them in a comment (which they never read) not to ridicule but ignore. They ignored my advice and eventually switched from ridicule to fighting. Editorial: Trump is Stalin, and if he's not Stalin, then Pol Pot or some leftist who will kill large percentages of the population. Wash Post projection at its best. Fighting Trump didn't work either, what a surprise.

Now there's nothing left for them to throw at him. So they will reset with a piece like this and start over. It's still early and they have months to put the finishing touches on the special edition of the newspaper: Trump is Hitler. Or either Kang or Kodos, not sure which. At which point people will be reminded that Hillary sounds like Kodos.

[scooby321]

Sick of unqualified Ted Cruz and GOPe

I saw a Club for Growth piece of crap.

Kasich and Cruz only real conservatives in the race.

Our goal is keep Trump under 50% .

On Charles Payne he should tell his supporters we want you to send us money so we can elect Hillary Clinton because we lie to you that Ted Cruz or any Republican can beat Hillary but not Donald J. Trump

[knarf]

"Maybe he wants the job because he isn't willing to let the US recede into history without at least making an effort to save it."

It's that kind of thinking that people are attracted to

We want to believe that Trump is the real deal .... a guy that may not say all of the right things, but his intentions (Heb 4:12 (c) " .. a discerner of the thoughts and intents of the heart. .. ") seem to be in the right place for correcting a lot of wrongs

If only a wall is built and college kids can kiss whenever they want to without fear (make political correctness illegal or something) ... THAT ALONE would begin the reversal of the current insanity infecting American culture.

Imagine college grads with real education and without the snowflakiness !

[Soul of the South]

“Trump, it seems, could be onto something. Which makes one wonder why he wants the job — cleaning up what’s likely to be one hell of a socio-economic mess — in the first place.”

Perhaps the looming financial meltdown is why the GOP establishment seems intent on losing an election they should win in a landslide. Run Kasich or Ryan, lose again by a few million popular votes and 50-60 electoral votes. Under this strategy the moderate and safe Kasich or Ryan during the fall campaign will mouth all of the conventional wisdom politically safe moderate positions on trade, immigration, taxes, Obamacare, and social issues. There will be much talk of “working across the aisle” to find smart solutions, tinker with the system and not radically change anything, be caring and respectful. Meanwhile Sanders, Clinton, Gore, or whoever the Democrats nominate will run an aggressive scorched earth campaign in league with the media and waltz into the White House.

Once it is over, Rove and his white board will blame Cruz and Trump for alienating the elusive “moderate” and minority voters, when the loss will be in reality be due to millions of conservatives staying home in disgust.

The goal of the establishment is to hold on to the House and Senate by having moderates at the top of the ticket so they can keep their positions of power with the donors by controlling the appropriations process. At the brokered convention they will have rewritten the rules not only to deprive the insurgents Cruz and Trump the nomination but to ensure an insurgent nationalist or conservative candidate never has a chance to come close to the nomination. Perhaps they’ll adopt the insider super delegates of the Dems or they’ll have a formal two tiered selection process where all of the state delegates are chosen by the insiders and then assigned to the winning candidate in the primaries. Like the members of the Electoral College they’ll be “pledged” to the candidate who won the popular vote but they’ll also be able to vote their conscience.

Ryan is in the news daily because he is part of the plan and like McCain and Romney has agreed to take the fall in the 2016 election for the team. Better to lose in November and let the Democrats take the blame for the financial catastrophe sure to occur in late 2016 or early 2017.

The insiders believe the stage is set for a great economic crisis the new Democrat president can be blamed for. What they fail to understand is the Democrats have spent years preparing for the ultimate crisis, one which will allow them to sweep the what is left of the republic away and install a new enlightened modern government structure they can control indefinitely. The bureaucracy and the judiciary are full of leftist ideologues and the Supreme Court is one vote from siding with the statists on every issue. The upper ranks of the military have been purged and the propagandists and social engineers are hard at work destroying traditions and molding the enlisted ranks and the junior officer corps. The media is fully it control of the leftist ideologues who will gladly serve an enlightened leader. The groundwork has been prepared for a leftist president to cross the Rubicon and suspend the Constitution under a real or contrived crisis.

A financial meltdown, a major terrorist attack inside the US, or armed civilian resistance to firearm round ups after a Supreme decision defining the 2nd Amendment as not pertaining to individuals will be the pretext for suspending the Constitution and installing a new government for the people. It has been done many times before.

The insiders on both sides of the aisle know they can’t postpone the big financial collapse much longer. The national debt is too high, there are too many foreign nations (China, Russia, Iran) trying to dethrone the dollar as the reserve currency, the US manufacturing sector has been gutted, stock and housing prices are inflated far beyond real value, much of corporate debt falls into junk bond status, and the trade deficit is unsustainable. After being bailed out in the 2008 financial crisis the “too big to fail” went back to work creating trillions of dollars of derivatives and other toxic instruments. Plus, all central banks around the world are printing money and manipulating their currencies. Market pricing mechanisms are broken and distorted throughout the world.

The difference between the Democrats and Republicans is the GOP is positioning not to be blamed for the coming financial crisis which will likely make the Great Depression of the 1930’s look like a cakewalk. The Democrats are already positioned to take full advantage of it.

[Smokin' Joe]

Imagine college grads with real education and without the snowflakiness !

You will have to clean out not just college faculties, but damnear every teacher out there past elementary school, and some of the K-6 crowd, too.

(Not to mention the parents who need a swift kick in their nether regions as well)

[knarf]

No one said it was going to be easy

[Smokin' Joe]

You know it!

If there is an EMP what zots their precious thumb phones and they actually have to deal with live, real humans, maybe some of them can be reclaimed...if not, they will keep stepping in front of buses and trains and oncoming cars, falling in open manholes, fountains, etc.

It's sad, considering what their great-grandparents handed down.

[expat_panama]

...lose in November and let the Democrats take the blame for the financial catastrophe...

Thing is that the dems never take responsibility for anything going wrong.  Even now they're saying that while the past 8 years have been a complete disaster, it's all because of the republican congress.

[Forward the Light Brigade]

Trump is a Patriot—he is also a “Fix it Man”—Love him or hate him—he can do the job and he is the best guy running. People naturally sense this—like FDR was for the Depression. He is a leader—not perfect—No, but I am willing to give him a shot. I believe he’s just what we need at the point in time.

[To Hell With Poverty]

Terrifying. But, exactly how I see it as well. God help us!

[tacticalogic]

like FDR was for the Depression

Can't wait to see what the Trump equivalent of Wickard v Filburn looks like.

[AllAmericanGirl44]

bkmk