From Blomberg here:
“Maybe liquor sales will go up,” Gundlach said on a webcast Tuesday. “The Trump win is not positive for consumer spending. ”
The manager said the same bankers and economists who predicted that a Trump presidency would sink the economy are now saying his growth policies will fuel the stock market.
Let’s remember a few weeks ago when Hillary Clinton was crushing Trump and Wall Street was rallying at the thought of a Trump defeat, still warning of a 10-12% drop in the stock market if El Trump-o won. So the big Cheese Doodle pulls it out of his ass and the market rallies to all time highs.
If our woman wins we make money, if the Cheese Doodle wins we make money. Hmmmm……