Trump Monkey Hammered The Global Economy

The law of unintended circus clowns at work again...

Trump's proposed tax cut shellacked the global bond market on November 9th. At a rate of decline not seen since 2008. 

Bueller?

Feb. 6, 2017 Yahoo Finance:

S&P 500 companies are cutting jobs in aggregate for the first time since the global financial crisis.

Bueller?

It turns out that raising global interest rates after an eight year debt binge, does not stimulate the global economy. Who knew?

Global yields (red) with Global GDP:

The Baltic Dry Index is rolling over again...

Trump!!!

You dumb motherfucker...

Which portends badly for Energy and Marine Transportation. Because contrary to boy-man fantasy these sectors are not inversely correlated - they are positively correlated to economic growth, via this thing called "demand". It's an ancient concept, I know...

In the U.S., the JnJ indicator is flashing code red...

But what could go wrong?

"The world is in big trouble, and I can fix it. By making America first"
"Schwarzenegger, you're a total disaster"