I think we all see where I'm going with this...
We've now entered the riskiest juncture in the past eight years. Risky from a financial standpoint, but even riskier from a political standpoint. You see, at this very interim moment, the Obama camp is assuming that the past eight years was highly "successful". While the Trump supporters are congratulating themselves on this great rally.
Of course, they're both entirely wrong...Nevertheless, a crash now would bring about a civil war, since one thing both sides have in common is that they've already counted the Dow 20,000 money:
Recall that prior to the election, Trump came out and said the election was rigged. The Democrats said no way, the election is NOT rigged. Then he won, and he graciously agreed the election was not rigged, in typical Trumpian revisionary full-retard style. But now the Democrats are saying the election was rigged.
You can't make this shit up. It's typical Baby Boomer jackass behaviour all around. The Peter Pan generation that never grew up...
"That’s the only way to interpret the extraordinary statement Monday by Clinton campaign chairman John Podesta endorsing a special intelligence briefing for electors a week before they cast their ballots for President on Dec. 19"
As I was saying, a crash now ahead of Trump's inauguration in January, would be explosive to both camps who assume they are right about their own phony narratives. Both sides hold profoundly deep conviction that the other side is the entire problem. And therefore the world will be perfect again when half the country falls off the edge of the earth. Who wouldn't believe that, it's a story fit for a five year old with mental issues.
In the meantime, today's post-FOMC close, was the second worst close for a December Fed meeting in the past decade. Almost all Fed meetings close green on the day.
Which sets up the volatility scenario I discussed yesterday:
Because it's not over, until it's over...
Scenario #3 it is: Both Financials and Utilities closed lower today...
Which is the long way of saying it's about to get fucking ugly...
