Macro Tourist

The Macro Tourist Checks Paul Tudor Jones’s Election, S&P Math

"Either way you approach it, there is no denying politics matter."

"Either way you approach it, there is no denying politics matter."
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2 comments on “The Macro Tourist Checks Paul Tudor Jones’s Election, S&P Math

  1. I LOL’d a couple times while reading this. The fatal flaw in the entire piece is the ignorant presumption that Robber Baron economics yields a linear result for economic prosperity, meaning more is always better. This whole presumption has been proven false repeatedly over time, it didn’t work when Regan did and it won’t end well this time either. Expected results are a curve, not a straight line. Massive wealth disparity suppresses Consumption and at some point becomes economically destructive. If you listen closely, this is what Warren is saying and Bernie to some degree (though he doesn’t present the argument as well.)

    It is very possible that the wealth redistribution policies of Warren and Sanders would balance the scale and drive economic growth. Add to that the add benefits of a resumption to sanity and predictability allowing businesses to make business decisions and invest in their future again, you could see the market skyrocket.

    But really, my point most of all is lets stop with the ignorant fallacy that trump is definitely better for the economy and markets. The majority of his policies have been economically destructive.

  2. I think you nailed it Hopium Dealer. The stock market tells one more about the unequal distribution of wealth than it does the economic strength of a nation. In simpler language, under a supreme leader like Trump, ‘the rich get richer and the poor get poorer’. However, this zero sum game comes to an end once the middle class has been sucked dry and the bottom class has given up all hope. History is pretty consistent on what happens next when we get to that point.

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