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Originally Posted by GirlySports
The game is the game indeed. But i think it's more acceptable on economic lines then on ethnic lines. It's not just whites hurt in the rust belt.
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I think they are both pretty awful and predatory on people's emotions and fears. But the day we see the most brutally honest candidate win an election will probably be around the time we see unicorns. Who is going into the rust belt and saying "Guys, if China is losing manufacturing jobs to automation and robotics....manufacturing is dead here. So we need a new approach"? Harsh and brutal, but true. But people don't like confront reality when it brings about the unknown.
The ethnic stuff as Corsi said has been on a platter for the Dems because of GOP policies, but they've become too dependent on it. Nice when your opponent hands you a big (and growing) block of voters, but you have these voters now. They aren't suddenly going to the GOP even if you scale back the identity politics. GOP has made it clear they don't value those votes like they should.
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Originally Posted by OMG!WTF!
I think the "Trump Rally" has more to do with interest rates than anything. There's a much less chance of a rate hike in December now than when Clinton was polling ahead. And that has to do with the general thought that Trump is going to be problematic for the economy. Bad news is and has been for the last five years good news for the stock market via interest rates.
As well I think it was the uncertainty of everything that caused the pre election drop, like eight down days in a row. Just getting the uncertainty out of the equation is cause for much of the two day upside. We would have seen a bounce no matter who was elected. Markets hate uncertainty and if there had been a Bush/Gore'esque kerfuffel we may have seen a pretty good slide.
But I do love the vision of happy Trump voters scratching their heads while watching their Smith and Wesson stocks tank.
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Definitely on the interest rate hike. For Trump the possible instability with the market will only start to happen when we actually see policies. If he starts to buck from the standard GOP approach, then we'll see some wild market swings.