Something Wicked This Way Comes - Stock Market Collapse After Trump Takes Office

At the link is a very good article with the facts and charts that represent what is really going on in the US economy. Trump himself said the stock market was in a bubble and since he made that remark, the Dow is up 2,000 points. The economic indicators do not explain this growth (bubble) and we may be in for a rough ride as they ready for the "correction" coming "after" the new administration takes office.


www.zerohedge.com...

Something is not making sense. During the debates Trump declared on more than one occasion the stock market was in a bubble. It is now 2,000 points higher and he is proclaiming its advancement as an endorsement of his plan to drastically cut taxes, spend trillions, and Make America Great Again. The financial media, which despised Trump six weeks ago, is now peddling an economic recovery, soaring future corporate profits, and a stock market poised to blast through 20,000 to higher and higher all-time highs. I think that would be swell, but let’s examine a few facts before putting our life savings in Twitter and Fakebook stock.

The Fed’s latest bubble blowing adventure has also driven the home ownership rate to a 50 year low. So much for Bush’s ownership society dream. Rental society seems more likely, especially for student debt burdened millennials working their Obama jobs at Shake Shack.

With the labor participation rate at a thirty year low of 62.7%, a record number of Boomers having to work to survive, and 124 million full time employees supporting 102 million non-working Americans, you might have the real reason Trump won the election.

The narrative about an improving economy, thriving jobs market, and glorious future is bull#. I know it. You know it. And your establishment puppeteers know it. But only “fake news” sites would dare reveal these inconvenient truths. The willfully ignorant public doesn’t want to know the truth, because that would require critical thinking and making tough choices.

If the unemployment rate is really 4.6% and GDP is really growing, why are retail sales in the dumper, even with auto makers giving their cars away at 0% interest for six years if you can sign an X on a loan document? At the same time, the establishment reports soaring consumer confidence, while consumers don’t act confident at all. Do you believe these propaganda surveys or your own eyes.

The real reason for the 25% increase in credit card debt since 2010 is because a huge number of households are surviving on their credit cards.

So, any unbiased assessment of our economic situation clearly paints a pretty bleak picture.

Once the magical 20,000 is achieved and Trump takes office in January, all bets are off. The establishment is pretending to play nice with Trump, but there is nothing like a 20% crash over a two week period to show him who’s really the boss. I’m not predicting anything, but it sure looks like something wicked this way comes.

Maybe, but I can remember reading things such as this in 2008 & 2012.

It is due a collapse, so if it does come the end of January, then we'll know it's the Trump effect. If it doesn't, well you know, we'll know it's the Trump effect.

I wonder what Trumps response would be to countries turning to a alternative over the Petro Dollar and the catastrophic effect that would cause to the US??...

If countries want to really f#ck up the US maybe the time is near??..


RA

a reply to: Cobaltic1978

Appears there are other stories on this as well


“Few Are Prepped For A Stock-Market Shock”: As Debt Collapse Nears, Wall Street Has Blinders On

www.shtfplan.com...

“Whole of Global Economy Could Be in Shambles”: Fed-Initiated Crisis Looms Over Trump Presidency

www.shtfplan.com...

Pension Panic: The Coming Financial Bubble Nobody Is Talking About

theantimedia.org...

Maybe he's setting up the bankers for a big failure.

a reply to: infolurker

That is bound to happen, but not because the market is in any bubble. It is due to plans Trump is rumored or said to be planning. Like a tariff on imports. The man is dumb as a post.

If the Fed decides to help out by continuing to raise interest rates, then it wouldn't surprise me at all to finally see that market correction kick in. You now the excuse for why they haven't done it before is that the economy was too shaky. How shaky does it look now?

originally posted by: xuenchen
Maybe he's setting up the bankers for a big failure.

Sure.....he has a REAL BIG COMPLICATED plan in place. /sarc

a reply to: xuenchen

The bankers are relying on domestic production and import / export sales. Whatever will affect bankers will affect the people first.

originally posted by: slider1982
I wonder what Trumps response would be to countries turning to a alternative over the Petro Dollar and the catastrophic effect that would cause to the US??...

If countries want to really f#ck up the US maybe the time is near??..


RA

A damaged US economy would have a ripple effect worldwide hurting many economies,imo.

a reply to: TDawg61

Yes. And not due to changing the petrodollar. Oil production is fine. The trade tariffs hit people first. You charge to import, the average person pays higher price for day to day goods. That happens first.

That happens in a matter of days.

originally posted by: TDawg61

originally posted by: slider1982
I wonder what Trumps response would be to countries turning to a alternative over the Petro Dollar and the catastrophic effect that would cause to the US??...

If countries want to really f#ck up the US maybe the time is near??..


RA

A damaged US economy would have a ripple effect worldwide hurting many economies,imo.

It'd have little effect on China though. China's holding all the gold, plus she's holding the US by its several trillion-dollars debt. With Russia as business partner through the SCO, I'd say Asia would pretty much survive a collapse of the US. I fear the members of the SCO might actually be tempted to induce the collapse themselves, so to get rid of american interventionism and finally get a hold in Syria (for Russia) and a hold in the Pacific (China).

originally posted by: ketsuko
If the Fed decides to help out by continuing to raise interest rates, then it wouldn't surprise me at all to finally see that market correction kick in. You now the excuse for why they haven't done it before is that the economy was too shaky. How shaky does it look now?

Extremely shaky since experts look to what Trump says and they DO NOT like it. They write about it, and most are not politically motivated and the market drops.

a reply to: Metallicus

Ad Hominem attack at its finest example.

Just saying.

a reply to: swanne

True. Our debt to China is massive. The government owes the most to itself, though. Then China, then Japan.
Odd how Trump wants to charge I think both more for imports. Charge Japan for protection. Makes little sense.

a reply to: infolurker

ZeroHedge has been pointing out that the stock market is going to collapse and silver will go to $1000 for a long time.

Like it did last time, remember?

That being said, the article raises some good points. Although I think if we were to be honest about it the actual market value of a lot of stock will show us a 50% correction the next time.

How long can a fiat monetary system go? We've already exported our inflation to the rest of the world. Are we all going to be children of the IMF in 10 years? Because our actual REALLY real debt with derivative exposure is around 1 Quadrillion USD right now. That's a thousand trillion, yes.

Interesting times.

originally posted by: xuenchen
Maybe he's setting up the bankers for a big failure.

You ever wonder how much Trump owes the banks.? He would love nothing more than the Banks to fail again with Trump inc owing them billions. He crashes and burns Trump inc then buys it all back through trump inc mkII ( offshore division) for next to nothing with his billions in debt picked up by the tax payer when the banks get the inevitable government bailout... it's a win win for the 1%er...as usual.

a reply to: reldra

Maybe Russia is considering a partnership with USA only if Trump is president. Trump charging China more would enrich US corps, enabling Russia to sell more goods to the US. It'd practically make the US a part of the SCO. Trump charging Japan makes sense if Russia's planning something against Japan.

originally posted by: Soloprotocol

originally posted by: xuenchen
Maybe he's setting up the bankers for a big failure.

You ever wonder how much Trump owes to the banks.? He would love nothing more than the Banks to fail again with Trump inc owing them billions. He crashes and burns Trump inc then buys it all back through trump inc mkII ( offshore division) for next to nothing with his billions in debt picked up by the tax payer when the banks get the inevitable government bailout... it's a win win for the 1%er...as usual.

You are correct. He just moves debt around. He also claimed that huge loss when he shouldn't have. His debt from the investors was forgiven for shares in other things. For the regular person, we have to pay a tax on forgiven debt. Like you pay your car loan in settlement, Ford Credit no longer pursues you, but you owe a tax on the amount forgiven. Not for Trump though.


He feels he is above tax laws and is 'smart' to not pay taxes for 18 years. When in reality, he is just a jerk.