As we begin the weekend before the presidential election, is there a wild card in the mix?
Fitch ratings placed Deutsche Bank on watch list for a possible credit downgrade or event. As an aside, the markets have had eight — possibly nine on Friday — down days in a row, which is the longest losing streak since post-Lehman in 2008. Of course the percentage loses are much smaller now.
Of course the narrative behind these market moves is attributed to a Donald Trump victory.
Could there be a banking crisis over this weekend in say an Italian bank or Deutsche itself, to create a narrative on Sunday night into Monday morning of a market crash to facilitate a delay in the election?
It may sound extraordinary, but what about this presidential election is not extraordinary.
I believe the news this Sunday for the weekly morning political shows will be the biggest/worse news for the Clinton campaign.
I heard from two people in the know 8 months ago that Bill and Hillary Clinton’s relationship with billionaire Jeffrey Epstein and his pedophile network would be the keystone evidence to bring down the Democrat’s campaign.
Now many will tell me this scenario is absurd, and I probably agree with you, but I believe the Clinton campaign already has very reliable information that all these polls that have her leading are highly incorrect.
As I’ve written before, when the curtain closes on the election booth there is no one to know who you voted for as oppose to a pollster asking — perhaps a stilted question of who you will mark on your ballot.
So this is where we are right now. I will either look like a prophet or a nut job come Monday, but I wanted to put this out there with a time stamp for all to read. And I want partial credit if some other event besides a banking/market crisis is used as the trigger event.