MGIC Investment Corp. (MTG)

[tommiegun53]

QUITE FRANKLY, I DON'T TRUST THIS TRUMP RALLY TO LAST!

THE RALLY FOR TRUMP, is based on assumptions regarding The US ECONOMY, TAX CHANGES AND GENERAL FLUFF...

TO PUT IT ANOTHER WAY, it's all theory and unproven and, no EMPIRICAL DATA however, the current ECONOMIC CLIMATE and, GDP is good. The problem is how to crank the ECONOMY up a notch or two to 4% GDP ANNUALLY.

LET'S SEE:
1. UNPASSED LEGISLATION, that should be easy with a solid Republican leadership.
2. ASSUMPTIONS OF HOW MONEY TRICKLES DOWN TO THE FAMILIES THAT SPEND IT IN THE ECONOMY. YOU KNOW THAT THE TOP 1% OWN 40% of the $86 trillion Wealth In The UNITED STATES and their stake is growing, while the ownership of some of the other social strata is shrinking in "This Game of Monopoly", that is playing out.
3. The Economy doesn't work very well, when the people that shop at Walmart don't have money to spend there.
4. I believe we are a few quarters away from seeing how the whole Trumpanomics works in reality. Meanwhile, the stock markets have already reacted to the futuristic possibilities.

I think the market will correct soon!. The rally has been nice but, you should take some profit. ..

BTW, I HAVE NO PARTICULAR POLITICAL IDEAs IN MINE RIGHT NOW.