Posted on 11/07/2016 6:41:05 AM PST by John W
U.S. equities kicked off the week on a high note, opening sharply higher on Monday after the FBI again cleared Democratic nominee Hillary Clinton over her use of a private server. The Dow Jones industrial average quickly rose more than 250 points.
"In terms of the market and its possible response on Wednesday, today's reaction to the FBI news is obvious evidence that market participants have wrapped up the world in a nice and easy box," said Peter Boockvar, chief market analyst at The Lindsey Group.
"Hillary wins, good for stocks. Trump wins, bad for stocks. But, anyone who thinks deeper than this knows that the response is going to be much more nuanced. Ask any owner of a healthcare, financial or defense stock," he said in a note.
(Excerpt) Read more at finance.yahoo.com ...
There are 86,400 seconds in a 24 hour day. if the FBI actually went through 650,000 emails to check for classification and other potential illegal items in the 8 days since we learned of the emails, it would take 7 1/2 days of the 8 days to cover the emails if each was given a max of 1 second for review. Comey is a liar and Trump was absolutely right, the system is rigged so that the political elite have no worries.
I think someone, or some THING is manipulating the market, it isnt really displaying a FREE market...but someone has their finger on the scales.
Gasparino will repeat this BS all day.
Proof the ELITES do not want any change.
My sources say the markets are NOT responding to the FBI at all but to real world numbers showing Trump will win.
Meanwhile, Trump wants to reduce corporate taxes from 39% down to 15%.
Yet these idiots favor Hillary? Rigged elections, rigged stock market.
I hope to God you are right.
How can anyone say, that the market going up is a response to the FBI saying Hillary will not be indicted?
I take exception to them saying “Hillary was cleared”. Hillary was not cleared. Comey just said there was no change, and no indictment of Hillary would happen. Hardly the same thing as saying she is cleared. She’s still in hot water over the FBI investigating the Clinton Foundation too. And Huma and others in Hillaryland are still in possible legal hot water too.
How about this:
Dow Surges as Trump Catches Hitlery in Michigan, Pennsylvania
The rich and powerful of the world see the candidate they’re paying for doing better.
DUH.
One might just as well say that the market rose
because of Trump’s rising chances of success.
“The system is rigged.”
Elite, rich, globalists see more money in their pockets.
Wall street. Defense contractors. Manufacturers (foreign). All see future profits. And democrat voters are excited to see stocks go up and help the people they hate.
Because of Trump
* National Ds say “America is already great”
* Local Ds (i.e. mayors) say inner cities aren’t bad (no need for more fed money for education & crime?)
* D voters like stock market growth
Who would have guessed you’d hear Ds say those things a year ago?
“I hope to God you are right.”
The liberals want everyone to think the stock markets are the economy and that the markets like Hillary.
Fact is, they HATE Hillary. Only a handful of globalists in the markets like Hillary, the rest are tired of the sluggish and strangled economy.
It didn’t clear it. He merely said they have not found anything YET.
Wall Street hates Trump. Shocker!....NOT
Wall Street hates Trump. Shocker!....NOT
Commie did Trump a favor with his stupid, corrupt announcement.
Exactly, all the latest Comey announcement does is confirm that the Democrats are desperate losers. It is a huge embarrassment. It shows only that the FBI can be manipulated at will by the Democrats. Comey is nothing but a mouth piece for Obama.
As you say the dust is beginning to clear and the market is now betting on a very likely Trump win.
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