Quote:
Originally Posted by sebastian_dangerfield
I don't think this would be true over the long term. First, should he become a serious contender, the markets will more aggressively price in his potential impact.
Anything can be priced in today. Everybody was flipping out about Brexit. It came, it went, all losses erased within five days. Trump would be more substantial, but after a few weeks of wild swings, things would normalize, the silver linings would be found, people would recall it's all a Fed policy driven joke anyway, and it'd continue its upward march.
The more crazy things happen with regularity, the less their impact.
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You keep repeating this. It makes no sense. The market cannot account for a lunatic in the most powerful office in the world. Offending Putin into war, tossing out trade agreements at a whim, attacking an ally because they tweeted criticism--we can't even think of all of the things that psycho could affect if he were to hold office. I think you think he will act in a sane way (or will be controlled--by who, I have no clue) if he were to win. But your wishful thinking does not make it so.
TM