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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: 3bar who wrote (4418)	11/9/2016 12:01:00 PM
From: Kirk ©	2 Recommendations Recommended By 3bar rdkflorida2 Read Replies (1) \| Respond to of 27241

Thanks. The markets are up about 1% already and my bio tech stocks and drug stock are soaring. My guess is the market likes the idea of a cleared log jam where we'll get lower taxes soon to bring back $ and jobs to the US. A friend posted this link to brilliant analysis on my facebook page: http://thearchdruidreport.blogspot.sg/2016/01/donald-trump-and-politics-of-resentment.html https://www.facebook.com/KirkLindstrom and my reply: Kirk Lindstrom: Brilliant Justin Mansfield! Best piece I've read on it. "Notice also how many of Trump’s unacceptable-to-the-pundits comments have focused with laser precision on the issue of immigration. That’s a well-chosen opening wedge, as cutting off illegal immigration is something that the GOP has claimed to support for a while now. As Trump broadens his lead, in turn, he’s started to talk about the other side of the equation—the offshoring of jobs—as his recent jab at Apple’s overseas sweatshops shows. The mainstream media’s response to that jab does a fine job of proving the case argued above: “If smartphones were made in the US, we’d have to pay more for them!” And of course that’s true: the salary class will have to pay more for its toys if the wage class is going to have decent jobs that pay enough to support a family. That this is unthinkable for so many people in the salary class—that they’re perfectly happy allowing their electronics to be made for starvation wages in an assortment of overseas hellholes, so long as this keeps the price down—may help explain the boiling cauldron of resentment into which Trump is so efficiently tapping."