Heisenberg Report

Today Is Donald Trump’s Anniversary And Here’s How Global Markets And ‘So-Called’ Bond Traders Have Treated Him

Listen, I don’t know if you know this or not, but Donald Trump won the presidency a year ago.

That’s one of those under-the-radar type of events that the #fakenews tries not to report.

Incredibly, not many people know Trump is President.


For instance, late last month Sean Hannity accidentally called Hillary Clinton “President Clinton.”


See? That’s how deep this conspiracy runs. Not even Trump’s surrogates know he’s President.

So thank God for Trump’s Twitter feed, because that’s pretty much the only place where you can find out that he’s President. Here, for instance, is what he posted this afternoon:

There you go. A grinning picture featuring at least two people that will probably be in prison by the time 2020 rolls around.

Another thing that you might not know is that the stock market has risen over the past year. That’s something else that no one ever talks about besides Trump. Everyone tries to cover up the fact that stocks are up. It might not seem like that because of how literally every mainstream financial news media outlet on the planet plasters “MARKET CLOSES AT RECORD HIGHS” all over their front pages every afternoon, but trust the President when he says that “no one” is talking about it.

Similarly, no one besides Trump is talking about how record high stock prices reduce the national debt. I mean sure, one reason no one talks about that is because it’s not true, but the overriding reason is because it’s a conspiracy against Trump. Trump who is President. Since last year. And who is definitely not going to prison.

Well in honor of Trump’s presidential anniversary, here’s a look at how various assets have performed since that election that no one remembers he won:

And here’s a quick retrospective from Deutsche Bank’s Jim Reid:

Today marks the one year anniversary of President Trump securing victory in the 2016 presidential election. Needless to say that the victory was unprecedented and also a massive shock around the world. Following Trump’s victory, it was widely expected that we’d see a much higher chance of fiscal spending but also a reinforcement of the backlash against globalisation and associated forces of which migration policy and trade were probably first and foremost. In reality what we have seen in the last twelve months is plenty of evidence of backlash against globalisation, hostility and controversy, but very little in the way of fiscal policy. Indeed we’ve regards to the latter, the debacle around healthcare reform probably best characterises the difficulties the President has faced in that regard.

I am not 100% sure that Jim’s message was approved by Donald Trump (who is President) prior to publication.

Finally, note the following chart that proves just how determined people are to pretend like Donald Trump isn’t President – even “so-called” bond traders are in on the conspiracy because if they were being honest and weren’t #faketraders, there’s no way the curve would be this flat…