Jeff said: The ONLY reason that the market looks as it does right now is very simple. A bunch of adolescent, party throwing, and thoroughly irresponsible teenage world banking cheese eaters are standing there hushed, with their half empty party accoutrements in hand. The front door is flung wide open amid their folly, and guess who's standing there in the threshold, having just returned home early and unannounced? Their daddy, Big Don. "
Markets probably move more based on emotion, anxiety, and perceived threats than real logic...much like this election... Trump understands money and could probably see his investments in Asia taking a hit. I'm convinced one of his handlers got to him last night and said to him "look don't take this personally but you got to go out there and be conciliatory" Perhaps he would of anyway but that was the flatest acceptance speech I've ever seen. Unlike this campaign speeches There was no passion in it at all. At least that's my opinion. Mike's observation of a lot of volatility in the markets for the time being I'm sure, is dead on.