buffett Wrote:
-------------------------------------------------------
> If you care about your 401(k) or your brokerage
> account, this is relevant. Movements on two
> markets during the last debate indicate what
> investors think about the next president.
>
>
Quote
A prediction market security traded on
> Betfair.com that is worth $1 if Clinton wins the
> Presidency rose from 63 to 69 cents between 9 and
> 11 PM Eastern Time (i.e., during the debate and
> first 20 minutes of post-debate analysis). While
> the main U.S. financial markets were closed,
> overnight trading in S&P 500 futures reveal that
> this event also led financial market traders to
> sharply revise their assessment of the value of
> stocks. The December 2016 S&P 500 future rose in
> lockstep with Ms. Clinton’s election chances,
> suggesting that markets expect stocks to be more
> valuable under President Clinton than President
> Trump.
>
https://www.brookings.edu/research/what-do-financi
> al-markets-think-of-the-2016-election/
>
> There was little movement in the S&P futures right
> before and after the debate, so it is reasonable
> to suspect that the debate caused the movements.
>
>
> It is no surprise that not a single Fortune 100
> CEO supports Trump. (Eleven support Clinton and
> about a third of them supported Romney in 2012.)
> They know he would be bad for businesses across
> the spectrum, which means he would be bad for the
> rank-and-file worker.
I care more about my country and its future than my 401(k). If the Wall Street Banksters make the markets move south every time Trump looks like he might win then you know he's doing something right for the American people.
You can support Wall Street or you can support the American people but you cannot support both.