As an American citizen who considers himself relatively well informed as well as deeply invested in the future of the nation, the 2016 U.S. Presidential election has been simultaneously bizarre, exciting, depressing, entertaining and embarrassing. In particular, yesterday represented perhaps the most overwhelming news day of my lifetime from a purely political perspective. The purpose of today’s post is to provide readers with an updated analysis of the race, and how I think things have changed. At this point, I’ve watched the disturbing and vulgar Trump audio a couple of times, and I’ve gone through enough of the Wikileaks Podesta emails to have a more informed opinion than I did yesterday. This post isn’t going to try to inform readers of how I think voters should react, but it will focus on how I think they will react. After all, my opinions are of little to no significance when it comes to what will happen on November 8th.
As disgusted as I am with the current state of the financial industry, I learned a lot of very valuable lessons from my decade on Wall Street. One of the most significant of them is incapsulated by the saying “you need to trade the market you have, not the market you want.” So what does that mean?
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