Wednesday, November 09, 2016

It is going to take a lot more Mexico pesos to pay for the USA southern wall.

The people need to solidify local economies in the USA. There needs to be stability as the Republican majority takes over the Congress and the White House. I do not have confidence in any of the policies at the federal level. The Republicans are primarily anarchists that rely on police to define domestic peace. It will be hands off by Washington, DC. Americans have to take an active interest in their local economies for the sake of stability.

The focus of the federal government is going to be ridiculous. 

November 9. 2016

The US dollar sank and stocks plummeted (click here) in market mayhem on Wednesday as investors faced the real possibility of a shock win by Republican Donald Trump that could upend the global political order.
European shares looked set follow with losses of more than 4 percent as every new TV network projection in the US election showed the race to be far closer than anyone had thought, sending investors stampeding to safe-haven assets.
Sovereign bonds, the Japanese yen and gold surged while the Mexican peso went into near free-fall in chaotic trading.
"Markets are reacting as though the four horsemen of the apocalypse just rode out of Trump Tower," said Sean Callow, a forex strategist at Westpac in Sydney.
"Or at least 3 of them - it might be 4 when the prospect of a clean sweep of Congress sinks in."...