tag:blogger.com,1999:blog-7713394782406533224.post6521039905962291954..comments2024-03-29T00:07:09.063-04:00Comments on IICS: Bearish ConvergenceLZhttp://www.blogger.com/profile/05082516166181943903noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7713394782406533224.post-11966429469955612702016-02-11T20:28:19.742-05:002016-02-11T20:28:19.742-05:00While Jose Canseco is amusing, I think he is too s...While Jose Canseco is amusing, I think he is too small of a fry to be a missionary. My understanding is that the missionary needs to be trustworthy, reputable and widely followed. Of our modern times the person that seems to well fit that role is Trump - he came out a year ago and told the world that America stinks and is in the dumps. Sure Austrians like Peter Schiff have been saying that for decades, but his following is too small to make him an effective missionary. When Trump came out and publicly said that the economy stinks he was fulfilling the role of the missionary as now everyone knew that everyone else knew that the economy was indeed lousy.<br /><br />In reality the situation is far too complex to analogize it to just the green eye blue eye game, but there is definitely something to it and I believe Trump has played a part. As I said in the last post and I know you agree, the fundamentals have been awful for a decade now, but it wasn't until recently that market sentiment has changed.<br /><br />- LukeAnonymousnoreply@blogger.com