As the bond market laughs at him. You think Trump Organization could issue bonds today anything better than junk today? Maybe not even.
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Bond mkt says things aren't as great as Donald says. He can take the credit for current numbers but a little foresight tells the truth.
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In my 4 decades of watching markets and economies, the bond market always gets it right. It is far larger than equity markets.
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Yields moved up after election anticipating more growth but quickly stalled. Initial enthusiasm has been curbed. Was that Trump?
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Purchasing managers indices worldwide bottomed in late 2015-2016. Then moved higher and that's continues today. Was it Trump?
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From the front page of tomorrow's
@WSJ.pic.twitter.com/ctMzoiRtt1
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Oh, well. One blinding flash of light and it will all be over. See you on the other side.
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