Those who lived through the ‘80s will undoubtedly remember the famous scene from the original Ghostbusters in which Bill Muray’s character goes to see Sigourney Weaver.
Unbeknownst to Murray, Weaver’s character has been possessed by a demonic spirit. And every time he states to her, “I want to talk to Dana” (the name of Weaver’s character in the movie), she responds, “There is no Dana, only ZUL!!!”
Today’s market is a bit like this, with stocks having been complete and utterly possessed by President Donald Trump.
In the last month, it’s become absolutely CLEAR that Trumps’ fiscal stimulus, tax proposals, and even Obamacare Repeal will not be passed soon… if at all.
Beyond this, GDP numbers are coming down. It is evident that the anticipated 5% GDP growth is not coming any time soon either… if at all.
And finally, earnings and other fundamentals are rolling over. Tax receipts and other unmassaged data points are indicating that the US is on the verge of, if not already in, a new recession.
But do stocks care?
Nope.
All they care about is the hype of Donald Trump. All Trump has to do is tweet that something “HYUGE” is going to happen and stocks hit new all time highs.
This is the sort of environment in which Crashes happen. And while the odds are low that we get an actual Crash… this environment is more conducive to Black Swan events than any other in the last seven years.
On that note, we’ve put together a Special Investment Report outlining three investment strategies that will produce major returns as a result of Trump’s economic policies.
It’s titled How to Profit From the Trump Trade and we are giving away just 1,000 copies for free.
To pick up your copy, swing by
http://phoenixcapitalmarketing.com/trump.html
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