Damnedest thing I ever saw. And after almost 68-years that’s going a good bit.
While the Trump-bashing continues unabated by the left-wing media, let’s do a simple thought-experiment to see how sane these people are.
The election was held on November 8th.
We give two people $1,000 each and tell them to go invest it.
Our first “investor” believes all the bad stuff about Trump that was promoted by (among others) CNN, the NY Times, and a host of others.
Fearing the world will surely end, they run out the Friday after the election and shove their $1,000 into a government insured rat hole (bank) and as of this morning if they were lucky they would have gain 1/8th of one percent.
In other words, their “investment” would have grown a whopping eight whole dollars.
Our second “investor” considers all that is known about Trump. Sure, the guy is not perfect, but our “investor” noticed in the bathroom mirror that they aren’t either.
So instead of squirreling money in the bank, Investor #2 remembers the one unassailable fact about Trump. He knows how to make money.
“Well, if Trump can make money for himself, gee, might he also make money for America?”
Referring to the www.peoplenomics.com index for that week, our shrewd speculator notes that the combination index of equal dollars in the Dow, the S&P 500, and the NASDAQ Composite stood at 17,260.67.
This morning, Investor #2 smiles upon reading that the Peoplenomics.com Aggregate Index stands at 18,729.01.
And the week is not over.
In the same period of time, the Trump Faithful have gain 8.5% and their $1,000 has earned them a nice dinner out: $85.07.
Of course, nothing is perfect. There would have been about $9 of trading fees – and these results are based on our trading methodology which (for some odd reason) is not available by any of the Establishment outfits.
On the other hand, as we have been telling subscribers, the Techs often “lead the way” and so if Investor #2 had just stacked NASDAQ Composite shares, they would have made 11.8% ($118 on their $1,000) by now.
Yet it’s easy to make a whole lot more.
About here, Investor #3 waltzes and proundly announces “I’ve made over 30% since the election!”
Aghast, the Trump-hater who didn’t break-even by the time you back out inflation, asks “How the hell did you do THAT?”
“Well, remember that nutjob George Ure – the guy who writes those brilliant financial sites? – he says all the time look at triple levered ETF’s. So I did that and presto!”
In the end, each got their just desserts.
The Rock Star is up more than 30% and should track about a 60 percent gain for the year if our outlook plays out. (Caution! There may be a time before this year is out to go back to cash or outright short before the year is out, however.)
Investor #2 – also a Trump supporter – will track to about a 20 % annual return at this rate.
And then we have Investor #1 – the doom-porn believer who bashes Trump, believes he’s the Devil incarnate and is the next Hitler to boot.
This poor sonovabitch will make (after inflation) absolutely NOTHING this year. They will lose in terms of Purchasing Power Parity.
Given that they will still be poor at this time next year, we will not be surprised to see them ramping up their Blame Trump game even more.
I mean when you think about it, you’d blame Trump too, if you were a loser.
On the other hand, those of us who bet on America – and her amazing ability to roll into the Future – ask only a single question this morning:
What’s not to love?
The Futures were up another 33 on the Dow early on. Our targets for the S&P and other indices are higher from here. And my friend Robin Landry at Landry Asset Management sees a range for the S&P between 2,340 and 2,660 before we peak.
Whether the “Market Believes in Trump” can be discussed till Kingdom-Come.
But one thing above discussion is the Market’s Have Faith in America.
The Trump-bashers might learn something from that.
Meantime, the Daily Bash Continues
The WaPo this morning headlines how “Trump’s impending bands on refugees and immigrants triggers fears globally.”
Oh, sure, the story is true – but only so far as it goes.
Implied is this odd notion (from Heaven knows where) that America has some duty to accept as new citizens, anyone who can get here.
That’s just not the case.
If there was such a duty, it would have been written into our Founding documents by the Framers. I don’t see it.
But the glaring missing part of the WaPo story is it fails to point out that America’s founding documents can be found all over the world.
If the people of a dim-witted country didn’t begin to develop a little faith in America after we went through a bloody Civil War, I guess I could understand that.
But when we conquered the darkness with electric lighting, took to the skies in airplanes, save the World from totalitarian governments not once but twice (arguably three times if you toss in the Cold War which we won), you’d think these foreigners who have had their dreams doused, would pick up our documents and evolve similar kinds of governments. You know, the kind that move their people ahead.
But you don’t see that, do you?
What’s worse, the subtle programming by the liberals continues – pounding into school children’s heads in public schools around America today – that we have some duty to accept anyone who comes wanting sanctuary.
I don’t see that in the Constitution and related documents.
But what I see instead is a world full of idiots who don’t realize that how America works is not some State Secret. To paraphrase the old Nike ads: You just gotta DO IT.
Front page “news analysis” in the NY Times reads “In a Swirl of ‘Untruths’ and ‘Falsehoods,’ Calling a Lie a Lie…”
Fine as op-ed, I suppose. But as the Daily Wire reported back in November “Did Obama Encourage Illegal Immigrants to Vote? No, But YES.”
Unfortunate, the NY Times once again has gone partisan and Anti-Trump in a position.
A more journalistically defensible position would have been to call for a full and impartial investigation into voting practices, particularly in states like California.
Go look up what a California AB-60 Driver’s License is.
“California Assembly Bill 60 ( AB-60) is a bill passed into law that, in effect, allows illegal immigrants to the United States to apply for a California driver’s license with the CA Department of Motor Vehicles (DMV).”
Should there be an investigation into illegal voting? Absolutely – and I’m good with whatever such a report would find. I think Trump would go with it, too.
But to do another Lie-bash? Hardly productive and yet-another reason why an alternative press – MeshMedia (which includes UrbanSurvival) is getting a lot more creds that the old-line media which seems to have forgotten when the middle is.
In the Times piece, the shop-worn leftist agitprop “Words matter” was the bottom line.
To UrbanSurvival “Audit California’s Voting” would be a better arbiter of facts. Sadly, though, it won’t sell as many newspapers.
Market Movers? Data To Ponder
Chicago Fed National Activity Index out:
“Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +0.14 in December from –0.33 in November. Three of the four broad categories of indicators that make up the index increased from November, and two of the four categories made positive contributions to the index in December.”
Damn, no end of world there.
How about International Trade data, then?
From the Census press release:
“Advance International Trade in Goods The international trade deficit was $65.0 billion in December, down $0.3 billion from $65.3 billion in November. Exports of goods for December were $125.5 billion, $3.7 billion more than November exports. Imports of goods for December were $190.5 billion, $3.4 billion more than November imports.
Advance Wholesale Inventories Wholesale inventories for December, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $601.1 billion, up 1.0 percent (±0.4 percent) from November 2016, and were up 2.6 percent (±1.4 percent) from December 2015. The October 2016 to November 2016 percentage change was unrevised at up 1.0 percent (±0.2 percent).
Advance Retail Inventories Retail inventories for December, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $608.3 billion, virtually unchanged (±0.2 percent)* from November 2016, and were up 3.4 percent (±0.5 percent) from December 2015. The October 2016 to November 2016 percentage change was revised from up 1.0 percent (±0.2 percent) to up 0.8 percent (±0.2 percent).”
After the data, futures were up only 16 – which ought to please the Bashers no end.