Obama has is already in the works. He will intentionally tank the economy, with the help of the media, if Trump wins.
He will raise interest rates that have been frozen at historical lows for his entire administration.
He will start pulling back the Quantitative Easing and monitization of the debt, crashing the stock market.
Trump said yesterday that Obama has been pushing a false economy in the media and all it would take is a couple of actions and the truth about the condition of the economy will become evident once the media begins reporting present conditions honestly.
Mavs owner Mark Cuban is aware that the economy will tank if Trump wins....but he isn't aware of what will cause it.
He will raise interest rates that have been frozen at historical lows for his entire administration.
He will start pulling back the Quantitative Easing and monitization of the debt, crashing the stock market.
Trump said yesterday that Obama has been pushing a false economy in the media and all it would take is a couple of actions and the truth about the condition of the economy will become evident once the media begins reporting present conditions honestly.
Mavs owner Mark Cuban is aware that the economy will tank if Trump wins....but he isn't aware of what will cause it.
Trump-basher Mark Cuban tries to strike fear into hearts of America: Market will ātankā if Trump wins
Trump-basher Mark Cuban tries to strike fear into hearts of America: Market will 'tank' if Trump wins
Dallas Mavericks owner Mark Cuban has a bleak outlook for Americaās economy if Donald Trump is elected president.
The billionaire and supporter of Democratic presidential nominee Hillary Clinton is not a fan of Trumpās and he commented on his investment strategies in case of a GOP victory in November.
āI think there are so many external global influences on our market. You know what money comes here when thereās uncertainty overseas,ā Cuban said Tuesday on Fox Business Networkās āCavuto: Coast to Coast.ā
āWhat money goes into treasuries and where does it go if rates go higher or lower ā and then thereās the uncertainty of the electionā¦ I have my Trump hedge on,ā he continued. āIn the event Donald wins, I have no doubt in my mind that the market tanks. And so, I literally have put on more than 100% hedgeā¦ that Iāll put on stronger if it looks like thereās a better chance as we go forward.ā
Cuban blamed his pessimism on the uncertainty of the election and Trump.
āWe donāt know what Donald Trumpās plans are. All we know are a little bit about his immigration, which tends to change on a day-to-day basis, and we know he will reduce taxes significantly,ā he said. āOne thing markets hate is uncertainty, and right now with Donald, thereās uncertainly. And on the global peace basis, all he has to do is say the wrong thing one time.ā
Trump-basher Mark Cuban tries to strike fear into hearts of America: Market will 'tank' if Trump wins
Dallas Mavericks owner Mark Cuban has a bleak outlook for Americaās economy if Donald Trump is elected president.
The billionaire and supporter of Democratic presidential nominee Hillary Clinton is not a fan of Trumpās and he commented on his investment strategies in case of a GOP victory in November.
āI think there are so many external global influences on our market. You know what money comes here when thereās uncertainty overseas,ā Cuban said Tuesday on Fox Business Networkās āCavuto: Coast to Coast.ā
āWhat money goes into treasuries and where does it go if rates go higher or lower ā and then thereās the uncertainty of the electionā¦ I have my Trump hedge on,ā he continued. āIn the event Donald wins, I have no doubt in my mind that the market tanks. And so, I literally have put on more than 100% hedgeā¦ that Iāll put on stronger if it looks like thereās a better chance as we go forward.ā
Cuban blamed his pessimism on the uncertainty of the election and Trump.
āWe donāt know what Donald Trumpās plans are. All we know are a little bit about his immigration, which tends to change on a day-to-day basis, and we know he will reduce taxes significantly,ā he said. āOne thing markets hate is uncertainty, and right now with Donald, thereās uncertainly. And on the global peace basis, all he has to do is say the wrong thing one time.ā