[goldstategop]

Markets down?

Translation - Trump won.

[Fresh Wind]

He even interrupted Hillary during the debate by stating “it’s business” when referring to the financial meltdown of 2008. Do we really need a President that will refer to a downturn as “it’s business”?

B******t. He was talking about taking advantage of a situation that was not of his making and beyond his control.

[seastay]

How is it the usefulness of material goods can change simply by people just saying words ?

[expat_panama]

Welcome to the morning after the night before!   

Futures contracts for both stock indexes are matals are down a % after yesterday's stocks closed w/ our S&P500 back below it's 50-day moving average and the NASDAQ forsaking its new highs and also heading back to a 50DMA.  Supposedly current trends mean we're supposed to panic but my problem is just staying awake; gold and silver are still going comfortably at $1,337.19 and $19.49 --a plateau that's been flat for months! 

All we get today from the bean counters this morning is Case-Shiller 20-city Index and Consumer Confidence, the big fuss must be coming in a couple days on GDP Day.

For those that want to re-line the bird cage:

An Economy Reliant On Yellen Isn't Worth Saving - John Tamny, RCM
Desperate Central Banks Double Down on Failure - Stephen Roach, MW
Should the Fed's Discretion be Constrained by Rules? - George Perry,RCM
Time to Pass Baton Back to Fiscal Policy - Nouriel Roubini,Project Syndicate
We Overrate Impact of Global Leaders on Economy - Roger Bootle, DT
The Future of the U.S. Economy Lies in Mexico - Conor Sen, Bloomberg
Separating Econ. Sense from Nonsense - Richard Rahn, Washington Times
Obama's Right About Clean Energy - Ruckelshaus & Reilly, New York Times
What's Left? Economic Echoes of Trump vs. Clinton - Ralph Benko, TAS
Where Are Trump's Business Backers? - A. Ross Sorkin, New York Times
Trump's Tax Returns May Hide 1990s Bombshell - Shawn Tully, Fortune

[trebb]

They started to panic a bit when Trump called out the Fed for practicing politics instead of sound fiscal policy and telling the truth about how fragile the “best looking aspect” of the sick economy really is.

[Lurkina.n.Learnin]

There was a thread on here last night about world markets were soaring because Hillary so soundly defeated Trump. I guess you can have it both ways.

[Lazamataz]

This is the clearest indicator yet Trump did well.

[Diana in Wisconsin]

Does ANYONE under the age of 60 (me excluded, of course!) have ANY basic knowledge of business cycles, or how manipulated the market actually is? Any idea what’s going on, on the World Stage? How about the Fed? Do they know how messed up THAT is? How about the Globalists with their fingers in EVERYONE’S pie?

Is ANYTHING, even remotely connected to business or economics even TAUGHT in High Schools these days?

People are just SO clueless it astounds me. Don’t know why it still does, but it does!