Stock Market Heads Up & Crash Alert

Carl Ichan, a friend of Donald Trump’s

I am looking for a stock market stunt to take place next week as the Democratic convention gets started. I have written many times that the mob (friends of the Fed) will cut and run when the Federal Reserve can no longer guarantee their profits. What is also possible is that the Friends of the Fed  will suddenly switch sides and usher in a stock market decline that will be profitable for them.

I am noticing that the  beginnings of relationships among enablers of manipulation are beginning to degrade.  Roger Ailes is on his way out at Fox News. The British are opting out of the European Union.  Just the mention of Goldman Sachs brings boos at the Republican Convention.  Mark. K. Johnson of HSBC has been arrested. These may seem like small things but all kinds of friendships and relationships are necessary to manipulate asset prices. When these associations start getting frayed, individuals start going into the survival mode.  A large enough break in the ranks will crash the market.

There are no patriots in the mob. My conjecture is that a second elitist camp is starting to emerge and there will be conflict with the old one. The mob will be aligned with the side that has the advantage.  There is a strong incentive to crash the market during the Democratic convention. That would make everything going on at the Democratic  convention  look nebulous and unsophisticated.  The value of this to the Trump campaign is obvious.

To get the market to crash all that is necessary is to withdraw support and cooperation. Without these things, the market would have collapsed a long time ago. Do no rule out a Trump statement to get a crash started. Probably the most amazing thing about Trump’s success in that he is often telling the truth. The truth, to my knowledge, has never been used in politics by a candidate who has won. If Trump says the stock market is rigged and to watch out below, he is telling the truth.  With respect to the elite, Trump is part of it but he belongs to a different club or a faction that is not currently in power. This is also true of his friend Carl Ichan.

Just Another Day at the Whorehouse by Curbside Jimmy

 

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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.

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