Wall Street Going "All-In On Trump" This is how the JPM trader summarizes the findings of his report: As odds of a Trump presidency and Red Wave have increased over the past few weeks, we’ve seen themes that are perceived to be Republican Winners (JPREPWIN) outperform Democratic Winners (JPDEMWIN) by ~7% over the past month. Crypto stocks and small caps have performed better, while Renewables have underperformed. In addition, the wider US equity market continues to make new ATHs and positioning appears to be elevated. Based on the thematic shifts, historical returns around elections, and elevated positioning, there’s room for a bit of disappointment and reversal in coming weeks if odds start to shift the other way. In other words, the "smart market" is increasingly going all-in on a Trump victory.
Insider trading if you know what the thumbs on the scale are doing. The market must screw over the greatest number of people. Screwed over people are easy to manipulate, being drawn into a host-parasite relationship.
Last 50 years: Presidency held: Dem - 22 years; GOP - 28 years Stock Market Return: Dem - 992%; GOP - 109% Total Jobs Created: Dem - 42 million; GOP - 24 million Income Growth: Dem - 2.2%; GOP - 0.6% GDP: Dem - 4.1%; GOP - 2.7% Since Reagan, the economy saw a downturn under GOP. Clinton took a weak economy from Bush Sr. and built a surplus. Obama took a recession from Bush Jr. and built the longest job creation stretch in history, leaving a thriving economy for Trump. Biden took a reckless budget and a country in recession from Trump, cut the deficit by $1.4 Trillion in 2022 alone and turned the economy around. 10 out of last 12 recessions under Republicans. Last but not least, Republicans are champs at corruption, had 38 times more criminal convictions than Dems during 1961-2016.
Given those stats you have to wonder why anybody would for the GOP? I guess the allure for lower taxes overrides all that data. I guess if you are already wealthy lower taxes are better than income growth but the 9:1 stock returns should have gotten them to vote Democrat. I think the issue is the poor rural whites who vote for Trump don't have a stock portfolio so they don't really benefit. Seems like all those stats mainly benefit yuppies & DINCs.