Election 2020 Will Determine the Fate of Stocks As I write this morning, the market is up MORE on this news that it was when the Fed performed its emergency rate cut of 0.5%. Again, Bernie Sanders LOSING Super Tuesday did more for stocks than the Fed cutting rates by 0.5%. It's not surprising. Socialism would be an absolute disaster for the U.S. economy. Most socialists imagine the U.S. under socialism as being identical to how it is now, with the exception being that everything is free. That is a fantasy. If you want to get a taste of what socialism in the U.S. would be like, go spend an afternoon at the DMV, the Post Office, or Veterans Affairs. Those are government run programs AKA a form of socialism. Speaking of the VA, some of you are probably wondering why I'm so anti-Bernie Sanders. The reason is simple. Bernie Sanders was in charge of oversight for the VA during the worst scandal in history. Despite dozens of whistleblowers and clear signals that the organization was corrupt to its core, Mr. Sanders ignored everything because he was worried that addressing the issue would make socialized medicine look bad. Again, Bernie Sanders let veterans literally die in waiting rooms while VA bureaucrats embezzled millions of dollars because he didn't want socialized medicine to look bad. In fact, he defended the VA at the time, claiming that the criticism of the organization was a "right wing conspiracy." The good news is that it is now clear Sanders will not win the Democratic primary. Which means the door is open for stocks to hit new all-time highs later this year. Indeed, the long-term chart suggests stocks are going to 3,600 if not higher. The fact is, even with all these little ups and downs and twists and turns, the story is ultimately playing out just as I predicted it would. After the "Bernie-virus" fears subside, and the dust settles, people will realize the rate cut is exactly what Trump wanted and needed. And if his tweets are anything to go by, he's still not finished. He wants more cuts. Remember, his election victory rests on a strong and booming U.S. economy and as the chart above shows... It looks like Trump will get what he wants. That's why I urge you to read my special presentation right now… Because if you're quick, there's still chance to potentially make a killing in the run-up to Trump's victory. Check out the presentation here and don't delay. Best Regards, Graham Summers Editor, Money & Crisis |
Tidak ada komentar:
Posting Komentar