200k aging Republican bikers, a decent percentage likely unemployed. More than 200k “Liberal” boomer democrats, many also unemployed. Another 50-200k millennial anti-Trump protestors. What could go wrong?
'Trump Time' - Let the games begin - Massive political uncertainty – President’s conflict with the CIA – ‘Strong dollar policy’ to end as U.S. has $120 trillion plus debt – Trump inherits Bush and Obama’s humongous debt
CNN has been criticized for aring a report entitled 'Disaster could put Obama cabinet member in Oval Office', the report admits that there is no specific threat targeting the inauguration, but goes on to speculate about “who would be in charge if an attack hit the incoming president….just as the transfer of power is underway”.
And just like that one of Hillary Clinton's biggest supporters, Warren Buffett, has flipped and after predicting doom under Trump, now expects prosperity for the US under America's new president, while saying he “overwhelmingly” supports Trump’s cabinet picks.
The post-Brexit euphoria appears to have abruptly vanished in December as UK core retail sales plunged 2.0% month-over-month, the biggest drop since May 2011. Ironically, this crack in the 'Brexit Boom' occurred an hour before U.K. Chancellor of the ExchequerPhilip Hammondtold a Davos gathering on Friday that an inflation pickup will put a damper on consumers this year. Cable tumbled on the print (not helped by London home pre-sales plunging).
Proving you can place bets on just about anything, the Irish bookie, PaddyPower, is making markets on several inauguration-related events ranging from the color of Donald Trump's skin at the swearing in ceremony to the color of Melania's dress to the likelihood of Julian Assange and Vlad Putin making an appearance.
1) "The speech is an attempt to address the deep structural problems facing American society", 2) The speech is "not ideological": "It's a rejection of ideological thinking., 3) The speech will convey "that a nation and its people and its affairs are like a family and you need to take care of them."
Following former Mexican commerce secretary Gutierrez' comments that "Mexico has to show a tough stance against Trump," the peso is surging stronger (from previous intervention levels) ahead of the inauguration...
In what may be the latest ISIS-inspired instance of vehicular terrorism, a man deliberately slammed into pedestrians near a shopping mall in Melbourne, Australia, killing four and injuring more than 20. While the police have said the incident was not terrorism-related, according to some eyewitness reports the driver was yelling "Allah Akbar" as he was driving.
The Trump Rally is over: the last week saw the largest precious metal inflows in 5 months ($1.3bn), the 4th consecutive week of bond inflows ($4.5bn), and a week of modest $1.7bn equity inflows, however US stocks saw $2.5 billion in outflows, representing the 4th weekly outflow in the past 5 weeks.
"All eyes will be on the content and style of Trump's inauguration speech," Morgan Stanley's Hans Redeker wrote in a note. "The more 'Presidential' this speech comes across, the better the outcome for markets." And as BonY added, "If Trump ramps up the rhetoric the market will be concerned about building long dollar positions."
In a "strange move", China cut the RRR for its five biggest banks by 1% to 16%, temporarily lowering the amount of money that they must hold as reserves to relieve pressure in its financial system as demand for cash surges ahead of the Lunar New Year holiday.
George Soros, speaking in Davos, said the euphoria among stock investors since the victory of Donald Trump will end as uncertainty takes over, and slammed the president elect, saying "I'm personally convinced he's going to fail."