| cached/copied - 12-22-16 for original link - click here - http://www.zerohedge.com/news/2016-12-22/investors-shocked-dow-suffers-longest-losing-streak-election#comment-8674310 A Trump Christmas Zero Hedge Commentary Wm the Shrubber Dec 22, 2016 4:06 PM - Comment-8674310 T'was a few days before Christmas, and markets had jumped We elected a new president, his name Donald Trump The S&P climbed into the thinnest of air Confidence surged, there was nary a care Bonds had been routed, gold hammered down Conservative investors did suddenly frown Risk appetites surged, though data was iffy Sentiment held that Trump's reign would be spiffy Though details were few, coming forth from Trump tower The reality TV master knew that perception was power There are new policies coming, a whole new ball game And he tweeted (and tweeted), and called them by name Roll back regulations, cut the tax rate, Redo the trade deals, make American great More fiscal stimulus, issue more debt Build roads and bridges, you ain't seen nothin' yet Immigration reform, build a big wall Talk tough with China, and let Taiwan call Make friends with Russia, the cuddly bear Get out of Syria, we've no business there While o'er at the Fed, Janet did raise Rates climbed 25bps, stocks were not fazed Global QE held a $220BN per month pace All global currencies continued to debase I yet have my doubts, our hole is so deep Debt and deflation continue to creep Economic problems are quite slow to cure There will be some pain, of this one can be sure When stocks are approaching the 2000 bubble Valuations are signaling there's bound to be trouble Whether a new bear market or a new credit crunch One thing I do know, there is no free lunch But for the moment, no worries; Trumpmania rocks It's a big Christmas present for all holders of stocks From Donald and Melania and all the Trump crew |