Religious conversions are amazing and often can happen in one night. They can also be insincere. This one is.
Since Trump won the much-contested presidential election just days ago, the stock market after an initial swoon has been on a tear. But not just the market, other sectors like non-ferrous metals, the stuff of infrastructures, has also been jumping up. See copper.
Goldman Sachs CEO Lloyd Blankfein, a huge Hillary supporter-contributor and big hypocrite, apparently just got some Trump religion, saying Trump's policies are "market supportive."
This is something he could've said before the election. But he put most if not all his chips with the eventual loser and much more. Goldman essentially forbid any dissenting views other than those Blankfein and Goldman money backed. Blankfein and his elite ilk are hypocrites, one of the main underlying themes of this election. One can only hope the public has a long memory.
Now we don't really believe Blankfein got any Trump religion. We know who he is and what he is. Like his comrade Soros, he's one of the elites who hates everything about the people, including the people, in flyover America. These are the same people the Federal Reserve sold out to rescue Wall Street banks under the phony guise the global financial system was on the brink.This scare tactic plays well. Again and again. But the only people ever allowed to go bankrupt are the flyover crowd.
This is part and parcel of the cashless society meme being pushed by elites and MSM under the guise of interdicting the bad guys. They're always after the bad guys in others' best interest. But they are the bad guys. The CEO of Wells Fargo, is he still roaming the street free? Nobody's assaulted or killed him yet? They're assaulting and threatening to kill Trump voters if what runs in the news is correct?
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One person not surprised by the post-election stock market rally is Goldman Sachs CEO Lloyd Blankfein.
While virtually every strategist on Wall Street predicted before Tuesday's results that a Donald Trump victory would lead immediately to stock market losses, Blankfein didn't feel that way.
"His policies are market-supportive," he said Thursday at the DealBook Conference in New York. "I'm not saying it's good or bad … just as far as asset prices in the market are concerned, how could they not be supportive?"
Market watchers were concerned that the sheer unpredictability of a Trump win would knock equities for a loop. The projections for near-term market losses ranged from a few percent to more than 10 percent.
Just the opposite happened. Stock market futures cratered Tuesday evening and Wednesday morning as it became clear that Trump would score a historic upset over Hillary Clinton, but turned around by the market open.
Thursday's trading closed with the Dow at a record high.
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What they want you to swallow is that this is a liberal versus conservative, red versus blue, democrat versus republican conflict. It's far more sinister than that. We've been suggesting for some time now you're on your own. Elites tolerate the rabble, one of the more sinister, subtle forms of hate.
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