Breaking News
Get 45% Off 0
🚨 Don’t miss your updated list of AI-picked stocks for this month
Pick Stocks with AI

Trump Reached The Forgotten

By Zacks Investment ResearchStock MarketsNov 08, 2016 11:18PM ET
www.investing.com/analysis/cac40-(fr40)---un-peu-hard-%C3%A0-avaler-200163674
Trump Reached The Forgotten
By Zacks Investment Research   |  Nov 08, 2016 11:18PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
 
US500
+1.59%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
SPY
+1.56%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

Large-cap indices opened down big -- as the consensus unsteadily reformed around a Donald Trump U.S. presidency. There are worries, but frankly the stock market sell-off only took us back to the S&P 500 2100 level we saw 2 days ago.

This was a nail biter of an election. It saw huge turnout from the bases of both parties. When I checked in this morning, Donald Trump had won 276 Electoral College votes (270 is needed to win). Trump had a very small 100,000-vote or so loss in the popular vote, with 59.076 million for Clinton and 58.941 million for Trump.

In 2008 and 2012, the USA elected a black leader for the first time and re-elected a black leader. This time around, in 2016, the white, less-educated men across the USA -- mostly in the mid-section of the country -- cried out, and hit the polls in record numbers.

Step back and reflect on that. This is an election result to be proud of. We are, as an inclusive democracy, looking out for different underserved segments of the entire population, in sequence.

This result disappointed the Democrats. But it wasn’t a win for Republicans.

It was a win in the words of Donald Trump, “For the forgotten who will no longer be forgotten anymore.”

I see that.

This is well past the time to look after the interests of the huge, less dense, mid-section of the country, and its 1000s of small towns. Their huge turnout tells you they have been suffering and totally overlooked.

So does the U.S. macro data, when looked at in relative terms vis-à-vis urban and coastal areas of this nation.

I have been to the Getty Villa in Malibu a few times and really love the place. It’s an accurate restoration of a Roman Villa. On one of my recent visits, I picked up a translation of a book by Marcus Tullius Cicero, the great Roman consul. The book was titled “How to Run a Country.”

However, I noted there was a sister book I didn’t know about. It was called “How to Win an Election.”

Donald Trump showed a remarkable way to win a U.S. election, by appealing to a huge forgotten group of voters. I truly applaud him for that. Now, I hope he runs the country in a way that is different than all the incendiary rhetoric he applied to win the election.

As Trump is a tremendous showman, I have the expectation that part of my Trump hope will be realized. What I worry about is how much and how soon Trump learns to govern the entirety of this country. He is not a provincial guy, by any stretch of the imagination.

I grew up in Grand Forks, North Dakota. This U.S. presidency is for those I left behind at 18 years of age, when I attended school at Northwestern University in Chicago. I have not forgotten North Dakota, and really love the affable clan of folks up there, and in tons of places like it across the map. Vice President Pence from Indiana is truly their guy; and a fine, steady and deeply experienced servant of government.

When you come into my apartment in Marina Del Rey, CA you will see antique prints, engravings and oil paintings from across the USA and the world. I am who I am now, 30 years later. I am grateful to Northwestern for opening so many doors to the world for me. Literally, it opened actual doors to the world for me.

But behind the front closet door -- where you put your coat -- you will see a huge 2-foot photo of my 5 good buddies and me at 18 year of age – celebrating with the 3rd place trophy we won at the North Dakota state ice hockey championship in 1988 -- earlier in the same year I moved to Chicago.

I was a co-captain.

Let’s give this presidency our sincere and wholehearted support, on the grounds that Trump won by reaching the forgotten.


SPDR-DJ IND AVG (DIA): ETF Research Reports

SPDR-SP 500 TR (SPY (NYSE:SPY)): ETF Research Reports

NASDAQ-100 SHRS (QQQ): ETF Research Reports

Original post

Zacks Investment Research

Trump Reached The Forgotten
 

Related Articles

Trump Reached The Forgotten

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Apple
Continue with Google
or
Sign up with Email