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Name:
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copperline
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Subject:
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I agree with Architect...
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Date:
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9/19/2016 4:35:46 PM
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Nope, I get it. My read on financial experts is that Trump presents the markets with tremendous uncertainty. His stated... sometimes offhand... comments have to be taken as warnings of what he MIGHT do. Remember, this guy has already said he would consider defaulting on the US debt, dismantle long established trade deals, put 11 million people into internment camps, and fundamentally change strategic defense alliances with countries that are our major trading partners.
Those are the revolutionary steps his supporters think they want him to accomplish. Since the market is recovering but undeniably weak, I expect Trump could kill it.
While no one knows what the market will do... and it is normal that Presidential election years are more unpredictable.... what we do know for sure is that the Stock Market hates uncertainty. Markets go down in times of political upheaval coupled with uncertain changes in economic policies....... And Donald Trump is uncertainty in spades, he even boasts that he WANTS to be unpredictable.
No other presidential candidate in modern history has been so irresponsible with their campaign rhetoric and injected this much uncertainty into global markets. The whole world is watching, and getting ready to react if Trump is elected. That level of fear is not good for markets, IMO.
As POTUS, the uncertainties of Trump will likely cause great disruption in the markets where confidence is a critical driver of its direction. I am reviewing my investments to look for ways to protect myself as well.
That said, I am not sure that there is any way to find protection from a cataclysm like Trump could create.
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