Good Wednesday morning all. Like many of you, before last year, I was never a Donald Trump fan. Never watched The Apprentice. Never purchased Trump Vodka or Trump steaks.
But that was then. I have since come to have a great deal of love/respect for this man…love for his courage…love for his strength…and how could we not? Sure, the lying and hoaxing MSM media painted him out to be Hitler (literally). BHO and Michelle said things they should be absolutely ashamed of, not to mention scores of Dem “leaders” that should crawl under a rock, posthaste, never to be seen in the public eye again.
But Trump, and team, remained steadfast…never taking their eye off of the prize.
As I told my wife…around 3 am…our Presidents should inspire us. Make us want to be better people. Lead by example, with broad shoulders, making us believe that “anything is possible”.
I was too young to consider these things with Reagan. And nothing about presidents since have brought these emotions out in me. Not GW. W, no way (9/11 Truth). Certainly not our sexual deviant in chief, WJC. And by no means our current, community organizer in chief (if you like your doctor, keep him/her. Like your plan, keep it…these are right up there with “Iraq had WMD’s”…from a domestic policy sense. Straight up lies. Shame on you, sir).
But Trump? I see greatness in this man. You may not….I respect that completely…but I am very hopeful for the next 4 years. The country wants to come together…desperately…and Trump’s speciality is The Art of the Deal.
I remain concerned about his safety. Lots of powerful, criminal, global forces that never want to see him set behind that desk. Stay safe Mr President Elect. You have a powerful mandate…all 3 chambers…made possible by a CHANGE election. Use that power wisely…we will be watching…and I will be writing about it.
VRA Market/System Update
Hitting several items quickly….get this out before the market opens.
1) after dropping limit down 5%, the markets have come back…down just 50 points now. Short term, the risk remains to the downside. Wall Street consensus is that we will fall 1000 points on the Dow. Like Brexit, a multi-day event. I believe this may be the case.
2) Gold is up $25, but had jumped $50 overnight. You know my thoughts…gold/silver will be massively popular investments going forward. The miners have another 2 years…minimum…of spectacular gains. Note: I will be more aggressive in trading and taking short term gains in our leveraged ETFs…more to follow on this soon.
3) I LOVE the biotechs!
4) I believe we have seen long term tops in FANG stocks (Facebook, Amazon, Netflix and Google). These stocks are not Trump stocks. Trump stocks have ACTUAL value…and these stocks trade at ridiculous valuations.
Finally, and this is the downside folks, the days of central bank control of ALL asset classes look to be over. No, this is likely not good news for most stocks. It’s absolutely not good news for emerging markets. I believe the odds of a global depression are greater than 50%…in just the next 2 years. An honest reset must take place. Then, a Reaganesque bull market.
Here at the VRA, we will be ready, regardless.
Right now I’m wondering which suit/tie to wear to the inauguration. I’m doing my best to convince Wayne Root to take me as his plus 1.
Stay frosty…portfolio changes coming soon.
Until next time, thanks again for reading. Welcome to the Presidency, Mr. Trump!
#lockherup (HRC belongs in prison…that ain’t going away…she should hope for a quick pardon).