President-Elect Trump trades

[Blake Hampton]

I can't imagine a worse pick for both Attorney General and Health Secretary

Edited November 16 by Blake Hampton

[Blake Hampton]

Too bad Bernie Madoff died here recently, he could've been SEC chair

Edited November 15 by Blake Hampton

[Buckeye]

3 hours ago, Spooky said:

How does the board feel about some of these Trump cabinet picks? Matt Gaetz as AG doesn't fill me with confidence for the prospects of the rule of law or a politically independent DOJ.

Personally, I am a little disappointed with this pick. I was hoping President-elect Trump was going to name Barron or Ivanka as AG, but as they say, elections have consequences.

Edited November 15 by Buckeye

[Buckeye]

Trump Trade: Long India?

 

From today’s WSJ article: “Trump’s Plans Complicate Outlook For Trade” 

 

“Investors are scrambling to figure out where to put their money across emerging markets while bracing for potentially disruptive policies under the new Trump administration.

 

India could be on the winning side of Trump policies. The country is already booming and could gobble up U.S. market share when tariffs send Chinese competitors in retreat. Prime Minister Narendra Modi, who referred to Trump as “my friend” in a congratulatory post on X after the election, is considered to have a good relationship with the president-elect.

 

“India is the highlight in emerging markets,” Dorson said. “It is a key beneficiary from uncertainty around China and supply diversification out of China,” he said.

 

https://www.wsj.com/finance/currencies/trump-promised-policies-complicate-emerging-markets-trade-ce6cb7ba

[Blake Hampton]

This was a great interview

[Spekulatius]

I mentioned cigs before but this was a Trump trade too. Sold the rest of my shares today, probably too early.

 

[Grenville]

3 hours ago, Spooky said:

 

Hope you are not serious.

lol, he’s serious

[cubsfan]

5 hours ago, Spooky said:

 

Hope you are not serious.

 

Gaetz is the perfect person for the DOJ job. They went after him with a bogus case. They went after Trump with several bogus cases. He knows where the bodies are buried. This is a guy that knows first hand how corrupt the DOJ is and the dirty tactics they use against political opponents. He certainly doesn't care what the DC swamp thinks of him.

 

When you take over a corrupt organization, you need an attack dog, not a lap dog.

Edited November 15 by cubsfan

[yesman182]

KHC seems to be down based on Kennedy? Any other packed food companies getting hit? KHC is now yielding 5% with a new small buyback. 

[Gregmal]

50 minutes ago, yesman182 said:

KHC seems to be down based on Kennedy? Any other packed food companies getting hit? KHC is now yielding 5% with a new small buyback. 

Yea I got some PEP for my friends account today. These are decent values given all else. 

[UK]

https://www.economist.com/finance-and-economics/2024/11/14/china-europe-mexico-the-biggest-losers-from-trumponomics

[Blake Hampton]

I live in Oklahoma btw

 

Edited Saturday at 01:59 PM by Blake Hampton

[Paarslaars]

So people who live more comfortable lives vote more to the left? Nothing new there.

 

This election was won based on the economy, people voted with their wallets. Poor people will vote for change from the current goverment that created high inflation and increased povertry, while those who have it good vote for status quo.

[cubsfan]

^^^^ Certainly doesn't apply to California, who place last in many categories and explains exactly why the middle class is fleeing such a beautiful state.

[Gregmal]

Yea New England, and especially Massachusetts, pretty much embody the liberal elitist culture. Reasonably conservative with their own finances, super liberal with their ideology, incredibly generous when it comes to allocating or redirecting OPM, all from the comforts of a gated community or fenced in property with large "no trespassing" signs.

[Spekulatius]

1 hour ago, Gregmal said:

Yea New England, and especially Massachusetts, pretty much embody the liberal elitist culture. Reasonably conservative with their own finances, super liberal with their ideology, incredibly generous when it comes to allocating or redirecting OPM, all from the comforts of a gated community or fenced in property with large "no trespassing" signs.

There are way less gated communities in MA than in the South. Come to think about it, I don’t know any and I lived there for quite some time. It’s quite a well run state, compared to NY and CA at least.

 

I think they made a huge mistake with the progressive income tax. lots of rich people are not bothered by 5% taxes, which is the same than many southern states, but they won’t pay 10%.

 

Also, almost no VAT on booze.

Edited Saturday at 05:58 PM by Spekulatius

[Gregmal]

44 minutes ago, Spekulatius said:

There are way less gated communities in MA than in the South. Come to think about it, I don’t know any and I lived there for quite some time. It’s quite a well run state, compared to NY and CA at least.

 

I think they made a huge mistake with the progressive income tax. lots of rich people are not bothered by 5% taxes, which is the same than many southern states, but they won’t pay 10%.

 

Also, almost no VAT on booze.

I’ve always been a big fan of the way things are done in New England. New Hampshire especially. It’s just getting a little too left leaning, which always seems to be the natural progression.  

[Dinar]

20 hours ago, Gregmal said:

Yea I got some PEP for my friends account today. These are decent values given all else. 

Why?  There has not been volume growth in years, correct? 

[Blake Hampton]

The only good thing about Oklahoma is the cost of living

[Dinar]

3 hours ago, Gregmal said:

I’ve always been a big fan of the way things are done in New England. New Hampshire especially. It’s just getting a little too left leaning, which always seems to be the natural progression.  

New Hampshire is weird - no state income tax, and not that left leaning.  MA had a Republican governor until last year.  Yes, MA shot itself in the foot with the politics of envy, just as NY & Chicago. 

[Dinar]

8 hours ago, Blake Hampton said:

I live in Oklahoma btw

 

How would Bronx, or East NY look on your chart?  Very very blue, and last in education, last in healthcare, last in quality of life, last in test scores and last in poverty.  So what is your point?

[Gregmal]

1 hour ago, Dinar said:

Why?  There has not been volume growth in years, correct? 

He’s in a unique situation where he’s new to stocks and just got a huge lump sum of cash. I don’t mind helping people but also am not trying to have him totally reliant on me forever, so part of the process is getting him comfortable and accustomed to the idea that stocks are not just fluctuating numbers but ownership in a business and one of the ways I like to do that for people is with businesses they know and interact with regularly. No one is getting rich on PEP but no one’s losing their shirt. No interest in fixed income and cash is a waste of time and he’s already got a lot of it in need of being deployed. 

[Junior R]

What does this even mean RFK with MCDz and Coke lol

Edited Sunday at 06:58 PM by Junior R

[Spekulatius]

I eagerly await Melanie’s pics tending to the veggie garden in the White House.

Edited Monday at 12:06 AM by Spekulatius

[TwoCitiesCapital]

On 11/15/2024 at 9:29 AM, Spooky said:

How does the board feel about some of these Trump cabinet picks? Matt Gaetz as AG doesn't fill me with confidence for the prospects of the rule of law or a politically independent DOJ.

 

Did Trump's first term give us any confidence that was what he was about?

 

On 11/15/2024 at 9:37 AM, Gregmal said:

Gaetz as AG is definitely a little jaw dropping. But I mean so is what they've turned the Justice Department into over the past decade. People's only concern should be, how do I profit off this? 

 

While perhaps appropriate for investment forum, the be-all-end-all of life isn't the total balance in my accounts and I think it's ok that I, and others, care about other things too. 

 

On 11/15/2024 at 10:01 AM, Spooky said:

If everyone thinks like this won't it corrode US society / capitalism in the long run?

 

This is exactly what I expect to happen. He demonstrated it enough in his first term. I, for the life of me, cannot understand why people believe this time will be different. 

 

On 11/15/2024 at 11:18 AM, Dinar said:

Actually, it is quite the opposite.  Other EV makers in the US are not profitable without the credits, so they would have to either greatly raise price or get out of the business, both good for Tesla. 

 

But better for traditional ICE auto-companies? They also benefit from tariffs, are priced like dog shit, and are now on more equal footing without the $7,500 credit? 

Edited Sunday at 11:52 PM by TwoCitiesCapital