I see today Trump refuses to endorse McCain and Ryan for re-election..... maybe there is some good in this guy yet!
Trump 2016 Or Hillary?
- Thread starter WhiteGuyintoThis
- Start date
Trump is a result of the Republican party dying. It is their fault that Trump is the nominee. The Democrats going back to LBJ have enslaved the poor Black folks. It is time everyone take responsibility for themselves, their communities, and our nation.Until we ALL rise up nothing will change
to many sheep!
Hillary revealed her real plan....presumably a Freudian slip. Of course the mind numb liberals in the audience cheer her on.
And the truth is revealed. Freudian slip my ass - that IS what they do.
he probably would be the better choice.... but a vote for him would just create dysfunctional government.... as if we don't already have that
he just can't pull in enough to make it and that would really screw things up
he just can't pull in enough to make it and that would really screw things up
Trumpkins criticize their candidate — on the record
The rats, if not fleeing the sinking ship, surely do not want to be dragged under as Donald Trump continues to self-destruct. Usually when things are going poorly, people close to the candidate will only give the low-down to reporters on background (i.e. without their names attached) for fear of being seen as disloyal. When they start talking on the record, they are laying the groundwork to deny responsibility for the disaster unfolding before their eyes. Ed Rollins, a co-chairman of a super PAC backing Trump, shares: “I think one of Donald Trump’s singular difficulties with this campaign is that he sits and watches TV all day long and feels he has to react to every single thing that’s said
The rats, if not fleeing the sinking ship, surely do not want to be dragged under as Donald Trump continues to self-destruct. Usually when things are going poorly, people close to the candidate will only give the low-down to reporters on background (i.e. without their names attached) for fear of being seen as disloyal. When they start talking on the record, they are laying the groundwork to deny responsibility for the disaster unfolding before their eyes. Ed Rollins, a co-chairman of a super PAC backing Trump, shares: “I think one of Donald Trump’s singular difficulties with this campaign is that he sits and watches TV all day long and feels he has to react to every single thing that’s said
Wall Street is giving up on Donald Trump
The list of Republican names jumping off the Trump train and publicly endorsing Hillary Clinton is growing. And now, you can add one more to that: Wall Street.
Back in May, I surveyed more than 50 financial professionals across the board. And the overwhelming majority said they were secretly planning on voting for Trump come Election Day. But that was two months ago and now the tides have turned. With the last piece of convention confetti dropped and all of the red and blue balloons popped, I decided to check back in with the financial folks a few days ago. And now, Wall Street is leaning toward Hillary Clinton.
I would say roughly 60 percent of the people I spoke to in my (highly unscientific) poll said if the election were held today, they'd vote for Clinton.
It's widely known that Clinton has taken a ton of money from the Street but she has recently joined Donald Trump in talking tough against the industry. She is making income inequality and financial regulation part of her campaign narrative. She has vowed to re-regulate the financial industry and go after the trillion-dollar derivatives industry to protect taxpayers.
"They both have to talk against the industry," said Bill, a hedge-fund portfolio manager. "Otherwise, they'll lose votes."
For sure, Wall Streeters think both Trump and Clinton are dishonest in some ways. But it's not about honesty for them. It's about the risk factor. And Trump is a gigantic risk.
"I don't like her," Michael, a hedge-fund trader said. "But she's a known quantity and being a New York senator, she's industry friendly. And that's why I've changed my mind on voting for Trump."
"I was going to vote for Trump, but she's the safe pick." said John, a program trader. "With Trump, there's too much uncertainty. It's not good for the markets."
On Wall Street, there's something known as "headline risk." It's basically the possibility that a news story will unfavorably affect a stock's price or the entire market in general. And most of the people I spoke with who are still considering a Trump vote voiced this as their biggest concern.
"Trump is a loose cannon," said Nancy, a sell-side trader. "He's not particularly talented or smart. And he's full of sh--. I think his policies are anti-growth and if he wins there's a much higher chance of black swan events."
(Those are events that occur beyond normal expectations — a phrase popularized by risk expert Nassim Taleb in his book, "The Black Swan.")
But there are still some on the Street who plan on voting for Donald Trump. One of the more influential industry professionals beating the Trump drum is Anthony Scaramucci, founder of SkyBridge Capital. He believes Trump will be good for the economy because he'll cut back on business-limiting regulations and bring in tax reform.
Trump also has the backing of hedge-fund titan John Paulson and billionaire investor Carl Icahn .
Despite their best efforts, the possibility of a Trump win isn't priced into the market.
"Donald Trump can't move the markets," Bill said. "He can say anything and the market doesn't believe him. But Clinton needs to be much more careful with her words. She can move markets."
If investors believed that Trump was going to be victorious, then you'd see an asset allocation out of U.S. businesses that produce their goods overseas and into the companies that deal solely with domestic customers and suppliers. You would also expect a sharp selloff of the Mexican stock market. And as of yet, nobody is placing their Trump casino chips down on the election roulette table.
The consensus? Stocks don't lie — politicians do.
The list of Republican names jumping off the Trump train and publicly endorsing Hillary Clinton is growing. And now, you can add one more to that: Wall Street.
Back in May, I surveyed more than 50 financial professionals across the board. And the overwhelming majority said they were secretly planning on voting for Trump come Election Day. But that was two months ago and now the tides have turned. With the last piece of convention confetti dropped and all of the red and blue balloons popped, I decided to check back in with the financial folks a few days ago. And now, Wall Street is leaning toward Hillary Clinton.
I would say roughly 60 percent of the people I spoke to in my (highly unscientific) poll said if the election were held today, they'd vote for Clinton.
It's widely known that Clinton has taken a ton of money from the Street but she has recently joined Donald Trump in talking tough against the industry. She is making income inequality and financial regulation part of her campaign narrative. She has vowed to re-regulate the financial industry and go after the trillion-dollar derivatives industry to protect taxpayers.
"They both have to talk against the industry," said Bill, a hedge-fund portfolio manager. "Otherwise, they'll lose votes."
For sure, Wall Streeters think both Trump and Clinton are dishonest in some ways. But it's not about honesty for them. It's about the risk factor. And Trump is a gigantic risk.
"I don't like her," Michael, a hedge-fund trader said. "But she's a known quantity and being a New York senator, she's industry friendly. And that's why I've changed my mind on voting for Trump."
"I was going to vote for Trump, but she's the safe pick." said John, a program trader. "With Trump, there's too much uncertainty. It's not good for the markets."
On Wall Street, there's something known as "headline risk." It's basically the possibility that a news story will unfavorably affect a stock's price or the entire market in general. And most of the people I spoke with who are still considering a Trump vote voiced this as their biggest concern.
"Trump is a loose cannon," said Nancy, a sell-side trader. "He's not particularly talented or smart. And he's full of sh--. I think his policies are anti-growth and if he wins there's a much higher chance of black swan events."
(Those are events that occur beyond normal expectations — a phrase popularized by risk expert Nassim Taleb in his book, "The Black Swan.")
But there are still some on the Street who plan on voting for Donald Trump. One of the more influential industry professionals beating the Trump drum is Anthony Scaramucci, founder of SkyBridge Capital. He believes Trump will be good for the economy because he'll cut back on business-limiting regulations and bring in tax reform.
Trump also has the backing of hedge-fund titan John Paulson and billionaire investor Carl Icahn .
Despite their best efforts, the possibility of a Trump win isn't priced into the market.
"Donald Trump can't move the markets," Bill said. "He can say anything and the market doesn't believe him. But Clinton needs to be much more careful with her words. She can move markets."
If investors believed that Trump was going to be victorious, then you'd see an asset allocation out of U.S. businesses that produce their goods overseas and into the companies that deal solely with domestic customers and suppliers. You would also expect a sharp selloff of the Mexican stock market. And as of yet, nobody is placing their Trump casino chips down on the election roulette table.
The consensus? Stocks don't lie — politicians do.
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