10/24/2024
If you are waiting to vote in November, and are leaning towards Trump I think you should see what I am seeing:
The leading investors in the market have started to dump their hottest stocks. Why, well think of them as the canary in the coalmine. They smell huge turmoil when hearing a) 10 million undocumented migrants (employed and paying taxes) to be rounded up, separated from their US born children and put in concentration camps on the border b) going after our main trading partners and raising tariffs across the board, in essence destroying years of trading relationships, and having US consumers pay more for foreign goods, and pushing us into another recession. To the stock market which has recovered, this spells uncertainty, something they dread.
C) Walking backwards from an Asian economic coalition to halt Chinese economic aggression, and handing them the Asian market.
If you thought that Trump will reduce inflation and increase salaries, and bring back the Obama economy (yes give credit where it is due) than get ready for a massive economic downturn in the next four years.
The only stability and guard rails that existed in govt, the professionals, will now be targets for Trump under his loyalty requirements, so that our govt will be run by amateurs, sitting on top of the most modern and experienced army in the world.
But wait, Trump is questioning why Hi**er had loyal generals and he did not.
So after he removes the checks and balances, moves everything under the Executive branch he will be able to try out his throne. My recommendation is do not listen to his words any more but watch his actions at all times.