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Tommy Two Times

11/10/16 11:10 AM

#3601 RE: Matrix999 #3599

Trickle down a failure? And I'm sure that this Keynesian economic model we've been under for the last 8 years is just what the doctor ordered. Lowering tax rates reducing regulations and giving more choices back to the people works every time it's tried. New economic policies take at least six months to go through the system. Before Trump is sworn in we will be at $20 trillion in debt. He will not sign his first budget until October. I'm not saying I support Trump or not. I'm saying this run up in the market is for no reason. Earnings for the 4th quarter have not been revised up. There is no reason for the market to stay this high. I will go out on a limb now and say this market will end up below 18,000 before the end of November. Then we will start to get bad numbers coming in for Christmas retailers. There is no reason for gold and silver to sell off. The Fed will not raise rates in December. I will stick by that. This economy is horrible and the consumer is tapped out.