Store Owners Prepare for Trump Win
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Across the country business store fronts are putting up plywood to protect store windows from looters and protestors if Trump wins re-election. Many are painting "we support Black Lives Matters" on the boards. They are not writing we support Trump.
Antifa is renting trucks to ship bricks and crowbars for anarchy to follow a Trump win. The "Fake news polls" and the media are all telling us its is in the bag. Vice-president Joe Biden will win. However, outlier polls such as the Trafalgar Group polls show President Trump has a lead in all the battle ground states. The Trafalgar Polls were one of the few polls that showed Trump winning in 2016. It measures the bashful trump voters, and does not over count Democrats.
To believe Joe Biden will win we must forget our lying eyes. In Rome, Georgia 30,000 people showed up to see President Trump. Before the rally they prayed for our election and our country. Biden's car rallies are small and more Trump trucks show up than Biden supporters. Traditionally the Amish in Pennsylvania do not vote in elections, but many are concerned about losing the 2nd Amendment right to own hunting riffles. Many working people across the country who often do not vote or vote Democrat are voting for Trump because the New Left in the Democrat Party have excepted the Green New Deal and seem to be at war with the economy. Many Millennials do not want another Covid lockdown. Many Blacks and Hispanics like Trumps pro jobs, law and order, pro life platform. Many who have never voted or have voted Democrat all their life, are switching over to Trump. The President is seen as champion of the little people, against the establishment, and the silicon oligarchs. If Trump wins the Republican party will never be the same.
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Economics professor Steve Hanke, at Johns Hopkins University, believes commodities are seeing initial signs of a long-term bull supercycle. Supply is very constrained, and inventory is low, as the economy starts kicking in, commodity prices go way up as you start a supercycle.
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Quantitative Easing is now conventional monetary policy. A total of 20% of the companies in the Russell 3000 are "zombie" companies whose debt servicing costs are higher than their profits. They are kept alive by borrowing. Boeing Co., Delta Air Lines, AMC Entertainment Holdings, Carnival Corp and Tesla are examples of companies who are not earning enough to cover their interest costs. We are at a fork in the road between disinflationary pressures and inflationary pressures.
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The market likes a divided government. If the Democrats take the white house, the Republicans still hold the Senate. A Joe Bidden administration will not be able to pass a Green New Deal or raise taxes, without control of the Senate. A stimulus is likely.
