Why “Everything’s Changed” – One Hedge Fund’s Disturbing Take On Markets Under Trump

Below we present an insightful, if disturbing, anecdote from Eric Peters, CIO Of One River Asset Management, who shares his view in his traditional “third-person” style about what life may be very well be for traders under the Trump administration.
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Beep Beep
‘Everything’s changed,’ said Roadrunner, the market’s biggest volatility trader. ‘Trump will provide the excuse for everyone to finally capitulate, and embrace this bull market,’ he continued. Back in 2000, the internet ignited imaginations, animal spirits. In 2006, home prices grew to the sky. Now Trumponomics.
‘He’ll suck everyone in.’ You can feel the bullishness building. ‘But the seeds of the next bust will be sown in his first year. The volatility will be amazing. And by the time his term ends, the S&P will be below where it started.’

This post was published at Zero Hedge on Nov 20, 2016.