Common term in football and basketball is showing up big-time in markets this week as we only have five more trading days until the future of America will be decided.
From the market’s perspective, in that one week, we should see the following appear:
1. Hillary Clinton seems likely to win the election. Not on quality, mind you. But with a best friend of John Podesta heading up the Department of Just Us email II probe, it’s clear the fix is in.
2.Even if it wasn’t, the lame duck we refer to as President Useless is likely to give her a pass/pardon so she will never have to worry about anything in the way of jail time.
3.Despite the comments and worries, here is a dandy discussion about how voting machine tampering is likely alive and well.
4.Then the MSM is attacking again. Today it’s the New York Times attacking the Trump income tax report from 1995, but here’s the thing: It is based, near as I can discover by reading, on three pages of the return and whether it is a fair piece depends on how you virew the heavily pro-Clinton NY Times as a source.
5.Now we can toss in the Fed meeting, ongoing today with a report due out tomorrow afternoon. Common sense says no hike, but what – if anything – has made sense in this election cycle?
It is little wonder then, that the cable outfit some call the “Clinton News Network” figures “The case is already baked.”
And this all leaves us looking at the market for data with which to set expectations as to which way things will go next Wednesday when the vote counting should be done, if it hasn’t been already.
While we will get into an interesting look at how intermarket arbitrage with currencies work for the stock market in tomorrow’s Peoplenomics.com report, we would draw your attention to the behavior of gold this morning.
At one point (as I was writing) it was up $9 dollars an ounce. At the same time, the US dollar was down a good bit relative to the Euro. The third leg of the milk stool is that when the dollar purchasing power goes down, it takes more dollars to buy the Dow which makes it appear the Dow is set to rally.
To an extent, that seems likely, with the futures earlier telling us “Up 30 for the Dow at the open.”
Ah, but you didn’t drop by for a lecture in differential analytics, did you?
No…you just wanted to make sure a) the markets would open this morning (yes), and that “normal” would continue for another day or three. Yes.
But come Sunday or Monday, we are half-expecting another cyber attack and then on Election Day, also known as Halloween II (features a witch, as well), we have high risk of war since in the background, tensions have not been so high with Russia since the Cold War was throttled down when the Wall came down in Berlin.
That get’s us to the murkiest of Merkel and how Germany’s leader has managed to orchestrate and open borders descent into near anarchy in Germany.
Not that it can’t – and isn’t happening here – it is.
Like that isn’t bad enough, Breitbart has “Leaked images show illegals casually strolling across open border.”
Thing is, when the election is being called “already baked” and with President Clinton II in the wings, we have no reason to expect anything but more of the same in the next four years. In addition, with improvements in the subtle control mechanisms of election management, we have little reason to believe free and impartial elections can ever be held again.
Not that it’s all crooked democrats, signing up illegals to vote and such. No, no, no. It’s far beyond that.
Media bias, for example. Human Events for example says “Media Bias is One Thing: Its Complicity is Another.” Along the same lines, an “AP-GfK poll: Most voters believe media biased against Trump.”
Again, not that it will matter. Baking’s about done and we get the “let them eat cake” in a week.
The Coming (Historical) War Over Syria
The reason is all the biblical references to warfare in the vicinity of Syria.
For example, Amos 1:5 refers to “I will break down the gate of Damascus; I will destroy the king who is in the Valley of Aven and the one who holds the scepter in Beth Eden.” Arguably, the geography is a bit off (Valley of Aven is not in downtown Damascus) but as someone who has looked a futuring a good bit, when you’re making calls 2000+ years in advance, geography and other precision errors are bound to crop up.
Also, in Isaiah 17: 1-3, there is a prophecy against Damascus: ““See, Damascus will no longer be a city but will become a heap of ruins.The cities of Aroer will be deserted and left to flocks, which will lie down, with no one to make them afraid. The fortified city will disappear from Ephraim, and royal power from Damascus…”
This is not to go off preachifying, but from a pure analytical standpoint, what’s also going on about this time sure sounds like a global war since we read how “The nations move on like the noise of many waters. But God will speak sharp words to them and they will run far away. They will be blown away like the part of grain that is of no worth by the wind in the mountains. They will be like dust blown around in a storm. 14 At evening time there is much fear! Before morning, they are gone.”
You should remember the Russia fleet working toward Syria is refueling about now. Although the Russians have denied sending three submarines into the conflict to attack ISIS at Alleppo.
So regardless of your religious thinking, there is the biblical reference to people cutting off their hair and shaving beards at Kir of Moab which to us sounds remarkably like decontamination. But looks to me that’s more in Jordan than Syria…still makes for an interesting framework as to where to expect trouble next.
In terms of good old-fashioned catastrophism, it doesn’t get any better than this. Unless you toss in a slice or three of that “already baked cake.”