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Saturday, December 24, 2016

The Trump Bump


From Scott Adams:
True story: Yesterday I was talking to a friend who invested in Gilead stock right before Hillary Clinton started giving speeches about forcing companies in that space to lower their prices. The stock dropped and my friend lost money. He blames Clinton. 
Over the summer this same fellow sold off his entire stock portfolio to avoid the risk of a Trump win followed by what he assumed would be a catastrophic market downturn. If Clinton won, he figured he could buy back in at about the same prices. But Trump won, stocks zoomed higher, and my friend lost out on the rally. 
Hillary Clinton cost him money for the second time this year.
GO READ THE WHOLE THING. 
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posted by Pastorius at permanent link#

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