{"id":24177,"date":"2017-06-20T20:18:15","date_gmt":"2017-06-21T01:18:15","guid":{"rendered":"http:\/\/olduvai.ca\/?p=24177"},"modified":"2017-06-20T20:18:15","modified_gmt":"2017-06-21T01:18:15","slug":"trump-is-setting-himself-up-to-take-all-the-blame-when-the-stock-market-tanks","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=24177","title":{"rendered":"Trump Is Setting Himself Up To Take All The Blame When The Stock Market Tanks"},"content":{"rendered":"
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Trump Is Setting Himself Up To Take All The Blame When The Stock Market Tanks<\/a><\/h3>\n<\/div>\n
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In spite of low volumes<\/a>, US stock markets made fresh all-time highs today<\/a>:<\/p>\n

The Dow Jones industrial average rose about 140 points and hit intraday and closing records, surpassing a previous all-time high of 21,391.97, which was set last week.<\/p>\n

The S&P 500 gained 0.8 percent to also reached record levels, with information technology rising 1.4 percent to lead advancers. The Nasdaq composite outperformed, rising 1.65 percent.<\/p><\/blockquote>\n

In an article written for Single Dude Travel and published the day Trump took office<\/a>, I stated what many others have already been saying for a long time; the market is far overdue for a correction to the downside, and when the whole charade comes crashing down, President Trump is gonna wear the whole thing around his neck:<\/p>\n

Whether it was Clinton or Trump, whomever won the Presidency was going to be saddled with $20 trillion of debt (not counting the off-the-books liabilities like Social Security, Medicare and pensions), and a stagnant economy that consists largely of welfare recipients, a defunct healthcare system<\/a>, and several states and municipalities on the brink of insolvency<\/a>.<\/p>\n

Not exactly a recipe for success.\u00a0<\/strong><\/p><\/blockquote>\n

Brandon Smith of Alt-Market elaborated on why Trump is the perfect person<\/a>for the Deep State \/ Central Bankers \/ Globalist movements to blame for the coming market collapse\u2026<\/p>\n

With interest rates increasing, I would point out that market behavior has changed. The meteoric rise has stalled. In the past few months stocks have barely budged 1 percent either up or down per week. Except for last week when something strange happened; markets suddenly dropped nearly 400 points in a single day. Why? Well, that is a subject up for debate, but the majority of mainstream news outlets will tell you that it was all Donald Trump\u2019s fault.<\/p><\/blockquote>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Trump Is Setting Himself Up To Take All The Blame When The Stock Market Tanks In spite of low volumes, US stock markets made fresh all-time highs today: The Dow Jones industrial average rose about 140 points and hit intraday and closing records, surpassing a previous all-time high of 21,391.97, which was set last week. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[7844,15399,15398,2731],"class_list":["post-24177","post","type-post","status-publish","format-standard","hentry","category-economics","tag-donald-trump","tag-duane-norman","tag-free-market-shooter","tag-stock-market-crash"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24177"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24177\/revisions"}],"predecessor-version":[{"id":24178,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24177\/revisions\/24178"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}