Since the last update on DJT, former President Trump is now future President Trump, and his company’s shares must have surely skyrocketed.
Right?
Here’s a monthly chart.
Yeah. Yesterday, which was Wednesday after the Democrats met reality in an alley and never got their knife out of its sheath, it had a mediocre gain, which I’ll admit surprised me.
So I figured that, surely, today we’d see skyrockets after Mr Trump’s surprise victory. The market gained some more, the Fed dropped interest rates, all was good.
Instead, DJT is down somewhere in the range of 30% in a single day.
It makes you wonder if the investment world is looking at the future, at the quality of the people who may be influencing their investing lives soon – and not liking it. Not liking it at all.
As I’ve said many times before, the Republicans are made up of fourth-raters, and now they’re about to get another grip on the levers of power. Sane people should be very worried, now.
Oh, and now I’d say at least half the membership of the Democratic Party are fourth-rate campaigners and strategists. No, no, accept your laurel wreaths, grit at your teeth at the poison ivy I’ve substituted for the laurel – you’ve earned it.
