Yeah, the markets didn't wait until after Trump was elected. Once they figured out he was odds on to win (the betting markets were a clue as well) the dxy and 10 year yields started on a tear. There was a bit of a fake move on the day of the election but after the buyers got suckered in for about 2 days the dxy and us 10 year started back up again. They had been rising since mid September. That must have been the first insider sniff of the way the wind was blowing.
Those getting punished for their actions are wholly to blame. They had a choice and now must live with the consequences. They're just deserts will hopefully show others that the crimes they committed on Trump's behalf were unethical, illegal and immoral. That would be a good result for everyone else and that's why I am happy to see them reap what they sowed.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now