2016 US Presidential Election and Fallout

[RooFlyer]

Re: The totally off-topic thread

How's that gold price looking now, RooFlyer? FYI it's now trading at $US1272 - DOWN around 50 bucks since yesterday. So when you say I was only partially right I guess I do have to accept you were right - after all my prediction of 1270 was soooooo far off the mark - by 2 bucks. In my defence it WILL get to 1270 very soon! So anyone waiting for gold to go UP (i.e. you) has missed the boat until some other world event causes it to rise again.

As for my other predictions..............S&P500 UP overnight to around a 6 week HIGH. SPI (ASX200) futures up to over 5300 after bottoming out at 5030 yesterday - and on their way to 5400, probably today or tomorrow.

You may be experienced in the gold/banking sector but you could learn much from the predictability of human and markets' behaviours.

Well, if you must be combative, go ahead. I made no prediction on the gold price - experience tells me that that's a mugs game. I said I might sell some golds if yesterday's rise was repeated; if its not, then I'll just sit patiently as long term investors should do. The last time gold spiked, I noted in some thread here that I had sold some of my gold holding, at a nice profit, as at my age I'm continuing to move the portfolio into more stable, high yield stuff and out of the miners.

Day to day movements in the gold price and gold stocks is strongly influenced by short term factors such as sentiment and emotion. Trump made a conciliatory acceptance speech, which mollified all the markets.

And if the overall market keeps rising, then I'm good too.

I'm pretty happy with the actual US election result. Local radio interviewed a local, very left Senator just now. Good grief, the angst and bile! Very satisfying.

 

[whatmeworry]

Re: The totally off-topic thread

It's gonna be funny when Drumpf changes nothing, albeit the laws for inheritance that benefits his own family.

 

[RooFlyer]

Re: 2016 US Presidential Election

Keep 'em coming,but who's laughing now?

No the whole world is crying now.

Ah, I see. .....


As I said, keep it coming, I'm rather enjoying things this morning.

 

[Quickstatus]

Re: 2016 US Presidential Election

This is exactly why she is so disliked - she really doesn't care about anyone but herself, and everyone knows it. If only the Democrats had run another candidate ..... any other candidate .....

They had Bernie, but "pay to players" had their money tied up in Hilary AKA superpacs

 

[Abdul_A350]

Re: 2016 US Presidential Election

Sledging someone about where markets happen to be now makes about as much sense as sledging South Africa about how they were doing after Day One at the WACA.

 

[drron]

Re: The totally off-topic thread

Volatility can make anyone look correct for a little while.

But with investments you only have to be right for a little while.

 

[drron]

Re: The totally off-topic thread

It's gonna be funny when Drumpf changes nothing, albeit the laws for inheritance that benefits his own family.

So it really didn't matter to you who won.Hillary has the runs on the board for changes that benefitted her own family.

 

[get me outta here]

Re: The totally off-topic thread

A few women around the Slovenia area will be heartened by this promotion to First Woman and the nice new home.

 

[Pushka]

2016 US Presidential Election

But with investments you only have to be right for a little while.

My timing is always off.

I hope that Trump's posturing was just to get the rednecks to come on board and that he will make good changes. His speech was heartening. I am disappointed with some women moaning that her defeat was because she was a woman. Had nothing to do with it.

Hopefully politicians here realise that people are sick of the consummate politician and their 'speak'. Also reckon it's a finger to the media.

Democratic revolution.

 

[vetrade]

Re: The totally off-topic thread

Well, if you must be combative, go ahead. ........

You started it - ref: Coles bay / Freycinet. Despite that, the reality is I am opinionated and like it when I am proved correct!

 

[Cruiser Elite]

Re: The totally off-topic thread

Something like a 53% voter turnout in USA election - is USA home of democracy or home of apathy?

Is a personal decision to participate or not in a Federal Election a reflection of TRUE democracy?

 

[wazza888]

Re: 2016 US Presidential Election

Does anyone know how many Americans voted?

 

[Dr Ralph]

Re: 2016 US Presidential Election

Does anyone know how many Americans voted?

Final details may not be confirmed for sometime, but its normally around 55%

http://www.electproject.org/home/voter-turnout/voter-turnout-data

 

[wazza888]

Re: 2016 US Presidential Election

Does anyone know how many Americans voted?

Thanks ... CE and Dr

 

[bam71]

Re: 2016 US Presidential Election

My timing is always off.

I hope that Trump's posturing was just to get the rednecks to come on board and that he will make good changes. His speech was heartening. I am disappointed with some women moaning that her defeat was because she was a woman. Had nothing to do with it.

Hopefully politicians here realise that people are sick of the consummate politician and their 'speak'. Also reckon it's a finger to the media.

Democratic revolution.

I have to agree. As much as I didn't want Trump to win, its a sign that there are so many out there who have not benefitted from the "global economy", and indeed, cannot. Brexit was the same. I hope all political leaders take note that the populous as a whole has had enough of their constant rhetoric coupled with inaction. Its the French Revolution, albeit with votes not guillotines.

 

[RAM]

Re: 2016 US Presidential Election

Now the US news services are seeking to put the blame on Obama.

With one of the most anti-Trump singling this speech by Obama as being the spark that ignited the Trump surge. Hillary had nothing to do with it - she is a saint after all. Odd how many women did not vote Democrat in 2016 vs 2012.

https://youtu.be/k8TwRmX6zs4

"Then, there are the pollsters. They’ll get shellacked, but they weren’t really that bad. The New York Times projection as of this writing was that Clinton would win the popular vote by a little less than a percentage point. That’s opposed to the three or four points the polling industry thought Clinton would win by. They missed by two points — enough to swing an election but, statistically, a blip.

So to recap: Most Americans thought Trump was unfit for the presidency. A slim majority of the populace has even voted for his opponent.
And now he’s president. It didn’t add up. It doesn’t add up. But there it is."

Nothing like a sore loser.

Turns out that having blanket print media support and all free-to-air TV is not enough to brain wash enough of the electorate after all.

Hopefully Trump will overturn the change brought in by Obama to support the Pharma and Prosthetic companies that made it a criminal offence for any hospital employee to disclose how much they are charged for any drug, medical device or prosthesis. Previously it was only a civil not criminal offence - so some hospitals with identical (or near enough) operations and volumes pay multiples of what more canny hospitals paid.

Guess what the deductible amount before receiving any money back for Obamacare is? And what is the median premium charged? How much has it risen since Obamacare began?

You WILL be shocked.

 

[RAM]

Re: The totally off-topic thread

If you think a 22bp jump in the 10y UST yield is business as usual, you obviously have not been looking at these things as long as I have.

Less than 24 hours after the results is not a particularly good time to be saying 'I told you so'.

So how many times in the last 5 years has there been an intra-day range of 20bps or more? In the last ten years? What is the largest intra-day range since 2000?

Equally, bringing it closer to home what was the largest intra-day range for the Australian 10 year bond? Hint more than 100 bps.

Perhaps you have not been in the bond markets as long as some others - did you know that historically the bond market's move from major peaks to troughs is MORE volatile than the share market?

Or that in Australia certain Official Money market companies were bankrupted by one fund manager taking advantage of this fact by buying way-out-of-the-money long dated puts on Ten Year Australian Bonds?

The same strategy on way-out-of-the-money long dated puts on US 30yrs or German 10 Yr Bunds also proved a wonderful money earner for several decades.

 

[Princess Fiona]

Re: 2016 US Presidential Election

My timing is always off.

I hope that Trump's posturing was just to get the rednecks to come on board and that he will make good changes. His speech was heartening. I am disappointed with some women moaning that her defeat was because she was a woman. Had nothing to do with it.

Hopefully politicians here realise that people are sick of the consummate politician and their 'speak'. Also reckon it's a finger to the media.

Democratic revolution.

I agree. There's only one thing that annoys me more than the female angle and that's the various memes comparing yesterday to 9/11.
An absolute disgrace and a new version of Godwin's Law IMHO.

 

[Pushka]

2016 US Presidential Election

Something like a 53% voter turnout in USA election - is USA home of democracy or home of apathy?

Is a personal decision to participate or not in a Federal Election a reflection of TRUE democracy?

Apparently they don't like being told what to do - in this case, Vote!

I think after Clinton's speech this morning that the 'Patriot' value that US holds dear might unite people for a while.

I guess gun control is off the agenda for a bit.

I think Obama hasn't helped Clintons cause one bit. They were due for a change. And he did little, although being hamstrung, to improve anyone's lot.

 

[JohnK]

Re: 2016 US Presidential Election

No the whole world is crying now.

My life still the same.

For what it's worth Clinton was not the saviour. The puppet masters control everything. If you think an individual makes a difference you are wrong. The last one that comes close is JFK and look what happened to him. The sooner they take parties out of politics the better place the world will be for all.