FED DEBT NEARS $20 TRILLION ON BLACK FRIDAY AS TRUMP UNLEASHES MARKET’S ANIMAL SPIRITS: HILLARY JOINS RECOUNT

Posted on November 30, 2016

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CNS: “The federal debt moved above 19,900,000,000,000 for the first time as of the close of business, Nov. 22, the Tuesday before Thanksgiving, according to data released by the Treasury. On that day, it rose from $19,899,004,081,493.50 to $19,907,540,739,514.52. However, on Nov. 23, the day before Thanksgiving, the debt dropped back to $19,897,994,347,700,50, according to the Treasury. No Treasury business was conducted on Thanksgiving.”

MarketWatch

MarketWatch: “You don’t have to call it a Trump rally.
But some market specialists appear to be struggling to pin a name to the recent moves across global markets, which has pushed the S&P 500 index SPX, +0.23% Dow Jones Industrial Average DJIA, +0.41% and Nasdaq Composite Index COMP, -0.11% into record territory since President-elect Donald Trump’s Nov. 8 victory over Hillary Clinton.
Steve Barrow, currency and fixed-income analyst at Standard Bank, said in a Wednesday research note “whatever fears might exist in some quarters about Trump’s win, some sort of animal spirits might have been spurred
.””

Hillary has joined the recount effort to prove election fraud.

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CNS: Federal Debt Tops $19,900,000,000,000—On Black Friday
MarketWatch: Trump unleashed the stock market’s ‘animal spirits’

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Posted in: News, Politics