Banks are happy as Trump gave them your money to play
the markets with and bet against you.
2008 all over again. Not good.
“Wall Street watchdogs handpicked by President Donald Trump eased the Volcker Rule’s controversial ban on banks making speculative investments, wrapping up a top deregulatory priority that’s long been sought by the financial industry.”
For those of you who have money in the markets,
listen and make appropriate changes.
When the stock market declines 2%-20%,
banks will be placing the bets and hedging
against their own clients.
Not too mention banks can cause the ups and downs.
Trump must have made a “trade” to give the illusion
that the economy is doing worse than it appears.