Wednesday, August 22, 2018

Will Trump news tank markets?

As you may know, I'm a consumer of news via multiple Twitter profiles which gives me a wide range of views. I happen to like reading Bob Sullivan, though his politics aren't exactly aligned with mine, I value his insight, just as much as I feel about Dejan for things related to baseball.

Today, Bob expressed surprise at the markets.
I really don't see the Cohen and Manafort criminal news being bad for President Trump, thus not bad for the markets. Mr. Trump was implicated as having his attorney pay blackmail. If the attorney knew it was a crime to pay blackmail, then why did he do it? Seems odd how much effort Cohen put into his shell company to pay the blackmail, if everything related to the outcome was illegal.

Russia collusion is missing in the stories. Without Russia collusion, how can there be obstruction? Firing FBI personnel seems like obstruction until you consider they were doing sketchy FBI work.

I wonder how long Cohen lasts in prison. Majority of "white nationalists" are in prison, right?

Bob Sullivan has a lot in common with DK. Both are journalists who spent considerable time working for established news outlets, only to set out on his own. Both think their opinion should be the last word.

Bob's venture doesn't seem to be doing too well.

Considering 90% of all news about Trump had been negative back in March, it's probably a good thing Bob has given up on being a paid market observer if he considers the market's current "shrug" head scratching, right?

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