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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.12+0.8%Nov 26 4:00 PM EST

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To: TobagoJack who wrote (144994)12/25/2018 6:54:30 AM
From: stsimon  Read Replies (1) of 218057
 
Is Trump a systemic risk?

I am now more concerned that after the counter trend rally that should appear soon, the stock market will not go to new highs. The U.S. Administration, with its love of theatrics and endless desire to recreate episodes of the Keystone Kops, have gone from being amusing annoyances to becoming dangerous incompetents. While they have always been incompetent, they have previously only been dangerous to minorities and international allies.

If we do not go to new highs then we are likely looking at a much more extreme bear market. The President's collection of third rate sycophants that he calls a cabinet, and his fourth rate legal team are not well equipped to deal with what lies ahead. The counter trend rally will give those who are not already prepared an opportunity to restructure portfolios prior to the increasingly likely debacle.

americanbanker.com
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