Previously published as a subscriber-only article on 14 Nov 2016
Trump has won the election. For this we should be truly grateful, because the alternative was pure evil and could have ended us all. And you can see the relief in people aware of this possibility everywhere, with true-hearts the happiest they have been in years. What’s more, this euphoria is being carried over to the financial markets in a big way as well, with 1000 swings higher in the Dow as billionaires pile back into stocks, economy sensitive commodities soaring, and cost of money breakouts above decade long trend-lines hitting the tape. And why not right? Inflation is back with Trump and his plans – the infrastructure spending, expansionary fiscal policy, jobs that will be created, and so on. Again, for anybody who’s been in this game for more than a few years – Dr.Copper is rising, giving us ‘the signal’, so jump on board – right? Let the good times roll – right?