Visitors Now:
Total Visits:
Total Stories:
Profile image
By Occidental Dissent
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Stock Market Soars As FBI Clears Hillary Again

Monday, November 7, 2016 8:24
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Hillary Clinton is Wall Street’s candidate.

After FBI director James Comey notified Congress yesterday afternoon that Hillary wouldn’t be facing an indictment, Dow futures soared 200 points and the dollar rallied:

“Stocks, oil and the dollar jumped Monday, while gold and the yen sold off after the FBI said no new evidence was found to warrant charges against presidential candidate Hillary Clinton.

Investors largely interpreted the news as enhancing Mrs. Clinton’s chances of winning in this week’s race as well as removing an element of uncertainty in the event she is elected.

The Dow Jones Industrial Average added 275 points, or 1.5%, to 18163 shortly after the opening bell. The S&P 500 gained 1.5%, on track to end its longest losing streak in nearly 36 years, and the Nasdaq Composite rose 1.6%. …

The Mexican peso, which has tended to move inversely to the probability of Donald Trump winning the election, jumped 2.1% against the dollar.

Just as the Mexican peso has been ebbing and flowing with Mr. Trump’s prospects, so too have the perceived chances of a December rate rise, Ms. Zentner said.”

Amazing, isn’t it?

Hillary’s campaign is supposed to be about Trump’s racism and misogyny. In reality though, Hillary’s campaign is joined at the hip with the future of the oligarchy, with Wall Street, with the Trans-Pacific Partnership and free-trade, with the big banks and billionaire class, open borders and foreign alliances. The dollar rises and falls on her poll numbers. Mexico’s currency, the peso, rises and falls with Hillary’s fortunes!

As Trump has said, trillions of dollars are riding on the outcome of this election. The global power structure is threatened by a Trump victory. If Trump is defeated, it will be a huge victory for Wall Street, the Davos globalization crowd and for preserving the status quo.

Note: BTW, this what eerily reminiscent of what happened in the UK on the eve of BREXIT. Leave was down in the polls. The pound was rising and the FTSE was up. The Remain campaign was about anti-racism. The defeat of the Remain campaign hammered the pound and triggered a sell off.

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.