I’ve been bearish calling the top of the market around Mar28. However I saw something that throws a wild card in the short, and may cause a massive rally in markets.
If Trump gets into power, it looks like he might oust Jerome Powell and drop the interest rates to 0. This has the risk of embedding inflation, destabilizing the dollar and other currencies, and fuelling the economy and markets with more cheap cash. This is very bullish for markets, and bearish for currency. It pushes CRE risk currently looming over banks into the future as debt will be cheap again.
The risk in doing this is that it could weaken the dollar. It would help other countries strengthen their currency vs the US dollar tho. Other central banks would get some relief from standing up their currency.
It’s a very interesting time, I’m curious to see what will happen. I wouldn’t be surprised to see the markets start to price this in next week. I’m watching for a rally, and everyone is expecting a downturn.
k-xs 
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