About That Rate Hike...
Authored by Mark St.Cyr,
Authored by Mark St.Cyr,
Trump and Sanders supporters share some important interests and concerns.
One year ago, as part of its one-year forward forecast issue, the ten "experts" polled by Barrons in its one year forward forecast, predicted that the S&P would close at an average of 2209.
Instead, with just 13 trading days to go in the year, the S&P is down just over 2% for the year.
No wonder the name of that particular Barron's article was "Stick With the Bull", although we doubt Barrons meant it in the more accurate in retrospect, "secondary" meaning of the phrase.
"Shots fired"
Following Saudi Prince Alwaleed Bin Talal's statement on Friday...
.@realDonaldTrump You are a disgrace not only to the GOP but to all America. Withdraw from the U.S presidential race as you will never win.
— ?????? ?? ???? (@Alwaleed_Talal) December 11, 2015
... we said, "we now anxiously await Trump's twitter response."
A week ago, fear was tangible as France's far-right Front National party won an unprecedented 2 provinces in the nation's first elections since the Paris terror attacks. With 40% of the votes, Marine Le Pen's party dominated the mainstream political parties and status quo maintainers were beginning to quake. Now, a week later, with turnout surging from 50% to 59%, Front National has been "routed" according to AP, failing to win any regions.