Trump to set interest rates himself under secret presidential plan

[Overnight]

I was watching CNBC, MSNBC & Fox Business Channel that night and I remember first the ES went lock limit down and then it skyrocketed higher a few hours later. I also had a bunch of Wells Fargo calls & they were way out of the money and they were up like 2000% the next day.

Expect that radical market behavior throughout his second term, but not just for that first day after the election, if he is re-elected, but expect it after every social media post he makes while prez. Remember that "I demand all US businesses pull out of China" tweet in the middle of the day, on Aug whatever, 2019?

Dow dropped 1,000 points in an instant. The SP didn't drop far enough to trigger a breaker, but it was rough-sledding.

 

[maxinger]

If Trump were to become the US President again,

he might call himself

The President of the US
The Fed President
The High Court President
...

 

[Frederick Foresight]

How can a educated man in business have no idea how inflation works?

Assuming "facts" not in evidence. Trump threatened to sue Wharton if they released his transcript. Modesty, perhaps? Yeah, but nah.

 

[Frederick Foresight]

Trump Redux should produce some fantastic trading opportunities.

Yeah, really. And all it will cost the country is its democracy and dignity.

 

[Frederick Foresight]

We don't have to imagine it...We witnessed it. Futures on the night of his election in 2016 spiked through the roof, because of the prospects of pro-business rules and tax-breaks.

If he wins 2024 the same thing will happen, but unlike last time (2017), we will NOT be having a slow crawl up through his first year.

Are you sure? That was then. But now thinking minds know what the surprise is in the Cracker Jack box.

 

[Frederick Foresight]

Have Twitter open all the time.
He might twit anytime.
Then the market would move tremendously.

So completely random volatility is a good thing? Let's hope you're not on the wrong side of it when it happens.