Greetings Investors! I wanted to share with you my first reactions to what even his detractors must admit was an epic political comeback logged yesterday by, now, our 47th U.S. president.
For my preliminary thoughts, LISTEN IN HERE or click the logo below.
Ahead of a few other more focused (investment markets-wise especially) interviews I'll be giving tomorrow/Friday, I wanted to share these preliminary thoughts in my usual "Call 'em as I see 'em" way via my own "resurrected" podcast.
Indeed, I throw a fair bit of cold water on some of the more excited expectations of a second Trump term/Republican Congressional control even though I do offer some cautious optimism that this time Trump really will drain the swamp rather than just rearrange the alligators.
It will be a tall order, as I have said/written for weeks now leading up to this.
Next, I go on to briefly discuss today's initial reactions in markets/asset classes to The Red Wave. Not surprisingly, both the surge in stocks and beatings in metals are as I said they would be in a Republican sweep.
But these won't endure in their present forms/trajectories as I'll be further explaining over the coming days.
All the best,
Chris Temple
Editor/Publisher
Wednesday afternoon -- November 6, 2024
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