...I do not believe it will provide the type of support to the stock market that similar stimulus has provided in the past... we are going to overdose on that stimulus and the fatality is going to be in the US dollar...
"...please don’t believe the fake promises of the other candidate... I promise to do my best to manage the coming disorderly collapse of the USA to the best of my ability..."
Venezuela has seen nothing short of a full collapse of its economy. Now, the path forward for socialist leader Nicolas Maduro seems to have turned to dollarization...
In light of the market rally occurring along with election uncertainty today, senior editor, Ash Bennington, and managing editor, Ed Harrison, together pose…
Starting in March, a series of emergency measures were rolled out that temporarily eliminated or blunted restrictions on bank balance sheets, along with ramped up support for financial markets that in the US at least, was unprecedented.
...a lot of this sticky vol from over-hedging “crash” event risk could then mechanically “slingshot” Equities higher into the year end, particularly as tail-risk passes and hedges are then unwound
...the reality is we’ll almost certainly get stimulus no matter who wins. This economy is built on stimulus. The powers that be will ensure the stimulus spigot stays open.
This suggests at two things: i) McConnell will concede to Democratic demands suggesting he won't back Trump in forcefully challenging the election outcome and ii) rumors of the reflation trade's death may have been greatly exaggerated.