3 replies to this topic

[Dex]

The midterm elections may give us insights into the market's directions.

 

Dems get majorities in both houses - market down, stay in trading range, bias to the lower side  The markets are not adverse to gridlock.  This would indicate that the Muller investigations are having an impact and Trump and his policies are not long for this world.  It is likely that the next presidential election will see a democrat win and a far left one at that.  Again, all the Trump initiatives will be reversed - market down. 

 

Reps maintain status quo  - stay in trading range

 

Reps increase majority - breakout to the upside - people don't care about Muller

[Data]

There'll be a false flag chemical attack in Syria to help the incumbents.  Whenever the US issues a statement condemning chemical weapons use, there is one that occurs within a couple of months.  There are reports of a destroyer with cruise missiles having been deployed to the area.

Edited by Data, 25 August 2018 - 02:56 PM.

[Dex]

There'll be a false flag chemical attack in Syria to help the incumbents.  Whenever the US issues a statement condemning chemical weapons use, there is one that occurs within a couple of months.  There are reports of a destroyer with cruise missiles having been deployed to the area.

 

I don't think most Americans can ID middle eastern countries on a map. 

[Data]

I was referring to the remarks by National Security Advisor John Bolton last week.  US, Britain, and France issued joint statements on chemical weapons use in Syria as well.  As we found it with Iraq, it doesn't matter if they have actually destroyed all stockpiles.  Market likes China's move on the Yuan.  My guess is the settlement with China will be a minor adjustment in the currency.   Mexico NAFTA is merely one small detail increasing US-Canada-Mexico automotive parts content to 75% from 62.5%.