Think about this.
When Trump got elected the economy began to rocket forward following 8 long years of Obama’s economic anemia.
Almost immediately when Trump started to take credit for the economy, the stock market, and 401(k) valuations, the market suddenly started a sustained reversal. Nothing changed. The fundamentals are the same, yet rather than minor ups and down, the market started plunging 500, 600, 800 points at a time. Coincidence?
And look at the corrupt MSM. For 8 years under Obama the financial media was ever hopeful about the economy and when bad news occurred it was “unexpected”. Now, however, the financial media is without question decidedly negative about the economy almost wishing for and certainly amplifying anything negative in an effort to tank the economy. So, yes, I believe this is political.
Well covered and I think correct. These staccato plunge events with struggles back up are some big players tanking the market in a coordinated effort followed by the small investors in an uncoordinated activity gaining enough courage to venture back out of safety and the shadows to claw the market back up again. This may be combined with the big players buying up scared or forced margin sales.
The fundamentals have not changed. Corporate coffers are being filled with repatriated low tax dollars. This incentive to repatriate dollars with lowered tax rates only took place at the start of this year. The effect is yet to be seen as it takes time to move trillions of dollars. Eventually a surge in US investment in manufacturing will come but it will not include a surge in employment. We will not need the masses of uneducated aliens that so many want but instead will need technicians and a few low skilled machine feeders. Restored US manufacturing will out modern and out automate the chicoms. While democracies are stupid capitalism is not.
If Trump blinks none of the resurgence will happen and the repatriated dollars will go elsewhere. I believe that the powers organized against Trump are working the market to get us and him to retreat. This will be ugly and painful and Trump knows this. My concern though is that the reality of any success will only be moderate and not worth the pain. The margin we are up against is small, cheap chicom labor against automation. The prize though is our ability to make things and not be economic slaves of the chicoms. The stage we are in now reminds me a bit of the Clean Air Act of ‘94 event that took place in refining. It was a game of chicken to see what old refineries would throw in the towel first with the winners that are left having a larger share of the market and able to reinvest in the needed upgrades.
I know we were constituted as a republic but we have morphed far away from that to a near democratic autocracy. am autocracy elected by the masses for their alleged benefit but in reality just enough benefits for them to keep coming back for more. We are in an economic struggle with the chicoms offset by a political struggle to sustain the status quo of votes for trinkets that allows elections to be swayed by only a small margin of the population until we are no longer a 48 / 48 nation.
I don’t believe in coincidence. These large point moves for little of nothing are orchestrated and may become a pattern but a hard to predict one save for the likelihood that they will come.
If this market is not being manipulated downward to discourage the voters I’ll eat my hat.