by Outcast_Searcher » Thu 10 Nov 2016, 02:18:28
$this->bbcode_second_pass_quote('Pops', '
')Here's the first picture I found:
http://fortune.com/2016/11/09/donald-tr ... tion-bond/Doesn't mean collapse next tuesday, just another dot
From what I saw today, the markets believe inflation will be meaningfully higher under Trump.
Bonds don't like inflation. The longer term bonds (which HATE inflation) were by far the most negative.
Also, I noticed things like silver, copper, etc. were up: possibly as a hedge against higher inflation expectations.
Also, short term doesn't mean much. Looks like the Dow had nearly a roughly 1300 point swing from the futures Tuesday night to the close of the market on Wednesday.
...
I have no idea if this higher inflation expectation makes sense. We had lots of new debt under Obama and that didn't seem to cause inflation. Can Trump actually spur stronger economic growth? We don't know if congress will pass anything he proposes. We don't know if his ideas would work, etc.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.