There, I said it.
Some market reactions so far: S&P futures off 5%. Oil down over 3%, gold up almost 5%, dollar down almost 4% against the yen but up against some other currencies. Mexican peso down almost 12% against the dollar. "Markets are Plunging around the World" says Bloomberg headline. The Nikkei is off 5%, the FTSE (futures) almost 5%. Maybe these are overreactions?
(The following is a re-post from another thread)
Saw this in the New York Times:
Why I Am Voting for Trump
(Just an excerpt)
Hmm, she's voting for Trump because she thinks he would be better for the economy. She thinks he's wrong about ripping up trade agreements but thinks Republicans in congress can convince him otherwise . . .
Some market reactions so far: S&P futures off 5%. Oil down over 3%, gold up almost 5%, dollar down almost 4% against the yen but up against some other currencies. Mexican peso down almost 12% against the dollar. "Markets are Plunging around the World" says Bloomberg headline. The Nikkei is off 5%, the FTSE (futures) almost 5%. Maybe these are overreactions?
(The following is a re-post from another thread)
Saw this in the New York Times:
Why I Am Voting for Trump
(Just an excerpt)
Quote:
But, yes, issues. This economy is bumping along the bottom with less than 2 percent annual growth for the past eight years. Mrs. Clinton, like many of my friends, has no idea how important economic growth is to the strength and vitality of our country. Mr. Trump vows to build the Keystone pipeline, curb regulations that strangle businesses and cut taxes to unleash the economy. Mrs. Clinton will do the opposite. Im a former elected member of the Hoboken, N.J., school board, and I write about education issues for Forbes.com. The public teachers unions have given Mrs. Clinton huge donations as a way to protect their near monopoly. In return, she has said virtually nothing about K-12 education. Mr. Trumps comprehensive plan for reallocating federal funds would be a boon to school-choice initiatives. He wants to put constitutionalists on the Supreme Court; she doesnt. She will double down on the debacle of Obamacare; he will dismantle it. He wants to rip up trade agreements, and hes completely wrong on that. But Mrs. Clinton now says she is also opposed to a new trade deal with Asian countries. The Republicans in Congress might be able to bring Mr. Trump around. But Mrs. Clinton will be under intense pressure from the left to remain anti-trade. |
via International Skeptics Forum http://www.internationalskeptics.com/forums/showthread.php?t=313770&goto=newpost
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