Donald "Patriotic American" Trump Portfolio Update
Last Thursday, Donald Trump appeared on CNBC, and in an attempt to generate PR publicity almost as bad as A&F's idiotic campaign to pay The Situation money not to wear their clothing, sad the following: '"You wouldn't believe it. I bought Bank of America, I bought Citi, I bought, you know, two troubled companies that I think have an upside, lets see what happens. Caterpillar, Intel, Johnson and Johnson, Proctor and Gamble." We were curious to see how Trump's latest foray into picking securities (as opposed to bankruptcy advisors - he truly excels there) turned out. Here is the result of what listening to the former (and/or future) presidential candidate has yielded in a few short days.
Below is a summary index of the 6 companies Trump purchased. It is time to convert this into an inverse ETF.