Did Hillary Just Push Stocks Over a Cliff?

Politics

"I think Hillary Clinton got caught, she has given us an insight into an elitist attitude and what the elites think about normal, everyday, hardworking Americans who are sick and tired of what is going on in this country," - Marsha Blackburn

Summary

On Friday speaking at a LGBT fund raiser Hillary Rodham Clinton betrayed her feelings about at least 25% of the American populace. She attacked the same ones she courts with her “I’m like you” pantsuits. She demeaned people who are not as evolved in their thinking as she is. She used her own intolerance as a means to garner support from a group of people who have lived under the yoke of intolerance for centuries.

And we think it just may have cost her the election.

Speaking at LGBT audience - ironic

Speech Transcript

Stock Market Friday Fallout

While Hillary's speech occurred after the close Friday. We can't help but see a connection, karmic, coincidental or otherwise. Jim Rickards tweeted as much Friday.

Folks confused about Friday stock market action; musing about Fed. My view: markets starting to price in a Trump win pic.twitter.com/5TiMMXJS98
— Jim Rickards (@JamesGRickards) September 10, 2016

The Retraction: Bad Math

In which she apologizes for the “half” part, not the Basket of Deplorables stuff

Conclusions

As a risk manager my tendency is to see the other side's view and handicap the probability of being right before making a trade. The trade being short stocks and/or buy Gold or not based on the election. In this case I could go on about liberalism’s main concern being only its own preservation of ideologies. I could describe the utter lack of difference between the GOP and the Elite Dems. That Corporations own the Pols and describe how American market structure is being gamed. That would all be true. . I’ve played this out in my head for 2 years now. Today is about conclusions. Hillary has a much smaller chance to win than she did last month. That is bearish for Wall Street which will express itself by selling stocks. We think a perfect bear storm is brewing and Hillary just salted the clouds