Brexit 2

booth-modified

I was wrong. The stock market, too. The bond market messed up. So did the forex. As the US presidential slugfest unfolded it became evident there was Brexit in the air. By 9 pm ET Tuesday night traders and specuvestors – who’d gambled widely in the last two days that Donald was pooched – scrambled to unwind their positions and staunch their losses.

The Mexican peso croaked, since the Trumpinator would tear up NAFTA, slap tariffs on imports and build a honking big wall. Wall Street recoiled with futures shedding over 3% (that was 700 points on the Dow by 11 pm), because a President Trump would mean uncertainty, volatility and a good chance for political chaos. The Canadian dollar swooned along with oil, which shed 3% of its value in a couple of hours. Asian markets sank, setting the stage for Europe. Meanwhile gold rose above $1,300 an ounce again, and bond prices soared as yields plunged.

So, Brexit II. As I said in the last post, you’d think those who try to time the markets would learn. They can score on a good gamble. They can also have their asses handed to them on a night like this. And it’s all based on guesses. Or in the case of politics, pollsters that voters enjoy lying to.

There are three messages I should pass along. One of them involves humility, which makes it, ah, difficult.

First, ignore your investments on Wednesday. Markets will gyrate for hours, days or a few weeks. Not because the election of a goofy billionaire or a mistrusted hack means the end of life as we know it, but because of all those investment bets I just mentioned. Never buy into a boom nor sell into a storm. If you have a balanced portfolio then your bonds will soar as your stocks tank, mitigating the impact. That’s by design. It’s why you need fixed income.

Second, as stated here often, both Trump and Clinton are flawed characters. Neither deserved to be a president. As also pointed out, this (like Brexit) was parochialism vs globalism, protectionism vs free trade, walls vs immigration and the ascendancy of patriotism plus revenge against elites. Let’s hope the new POTUS fully understands this election wasn’t actually about them. This stuff won’t go away.

Finally, like the majority of souls who come here (witness the weekend poll), a Trump surge was not on my radar.

I found it impossible to believe tens of millions of people would fall for political policies articulated in tweets and hastags, from a guy who brags about not paying taxes, admits to being a groper and promotes racial and religious intolerance. Trump has made outsiders feel like insiders because he legitimizes human prejudice and mainstreams bigotry. He became a powerful leader by being a meticulous follower. I did not think this was possible. I underestimated him. I overestimated humanity.

469 comments ↓

#1 bdwy sktrn on 11.08.16 at 11:02 pm

Trump has made outsiders feel like insiders because he legitimizes human prejudice and mainstreams bigotry. He became a powerful leader by being a meticulous follower. I did not think this was possible. I underestimated him. I overestimated humanity.
———————————-
nothing to do with trump.

people voted against the system and hillary is the system personified.

#2 buggerit on 11.08.16 at 11:04 pm

No… you overestimated Americans. Much of humanity thought like you and I. The southern “neighbours” had different ideas.

#3 Karlhungus on 11.08.16 at 11:05 pm

not over yet…

#4 Jon on 11.08.16 at 11:07 pm

Garth, what do you think will happen to our exports to the US, if Trump gets in?

#5 Longterm on 11.08.16 at 11:08 pm

Bit early to call it that definitively.

#6 Victor V on 11.08.16 at 11:08 pm

Trump wins Florida. Clinton wins California.

#7 Dude in Ottawa on 11.08.16 at 11:09 pm

Wow… I’m shocked… The next few weeks are going to be interesting… A President trump also may very well be looking at a House and Senate controlled buy the GoP…

I look forward watching T2 build a bromance with the Trumpinator…

Strange days indeed.

#8 Hurly on 11.08.16 at 11:10 pm

Smoking man called it!!!! Way to go smoky. Herdenomics 101

#9 John Smith on 11.08.16 at 11:11 pm

What a sad day

#10 Canned Goods and Buckshot on 11.08.16 at 11:14 pm

I don’t know what to say. Obama says the sun with still rise tomorrow. And this too shall pass. Hopefully, if Trump wins, the reality of actually being president will make him more presidential. And hopefully he won’t actually give Uday and Qusay positions of responsibility.

#11 Deplorable Dude on 11.08.16 at 11:16 pm

Called it yesterday….told Blogdogs not to beleive the biased MSN polls……

The MSN waited until CA closed before calling Florida…..anything to delay the inevitable.

#12 No, Canada no on 11.08.16 at 11:17 pm

Garth, you have to admit that the democracies always make rational choices, same as the markets.

#13 Unbelievable on 11.08.16 at 11:20 pm

He tweeted… “Hey Canada. You’re getting a wall too you Snow Mexicans”

#14 bdwy sktrn on 11.08.16 at 11:21 pm

woah – michigan just got tight

#15 win on 11.08.16 at 11:21 pm

NYT at 8:30 PM PST
NYT 95% projection DJT
297 electoral votes QED

http://www.nytimes.com/elections/forecast/president

#16 Madcat on 11.08.16 at 11:22 pm

Yeah, this is about what I figured. Most of em too embarrassed to say they’re voting for Trump but behind closed doors…

#17 Henry Morgan on 11.08.16 at 11:22 pm

Bitcoins LoVe Trump!
$960 CDN

#18 Ole Doberman on 11.08.16 at 11:22 pm

Hey gang no worries – Hitler also got in unexpectedly.

#19 Russ on 11.08.16 at 11:22 pm

As Chuck’s character said, “… and to all, a good night.”

#20 GsAmazon on 11.08.16 at 11:25 pm

Smoking Man made me think of Trump winning and now I’m watching it happen. Whatishappening. And whrre is the dog photo for my nerves??..

#21 Guillaume on 11.08.16 at 11:25 pm

Rates will go up with President Donald ! Congratulations to Smoking Man, you are The Man !

#22 For those about to flop... on 11.08.16 at 11:25 pm

Boss….stop posting…. your gonna make me run out of photos…

M42BC

#23 Randy on 11.08.16 at 11:26 pm

So sad…Poor George Soros….

#24 Smoking Man on 11.08.16 at 11:27 pm

Feels good being a rock star with no fans in the yard, just me and uncle jd. and a few random tumb typers.

I love you gartho.

Don’t matter if your worg or right. the heart is there.

You love humans..

Nothing else matters.

#25 Ray Skunk on 11.08.16 at 11:29 pm

RE: Garth’s last paragraph:

I think you underestimated the general hatred and lack of trust of Clinton; a woman who seemed to think it was her divine right to the Presidency against a backdrop of corruption and a lifetime of political chicanery. Rather like her #1 BFF here in Ontario, currently “enjoying” rock-bottom approval ratings.

Anyway, I digress. I’ll be ignoring the numbers tomorrow and see this for what it is, a buying opportunity. Just like with Brexit, recovery will happen once uncertainty dies down.

#26 Prairieboy43 on 11.08.16 at 11:29 pm

Smoking Man called it. I believed. Change is coming. Enough said.
PB43

#27 Blokexistentialist on 11.08.16 at 11:29 pm

Lol, the BBC just reported that Canada’s immigration website has crashed.

#28 Nobody on 11.08.16 at 11:29 pm

>what do you think will happen to our exports to the US, if Trump gets in?

Well exports of Uranium and Gold to the rest of the world will go up.

#29 fish on 11.08.16 at 11:31 pm

People, can’t you see. This is not so much about Trump, but his ideology. He gives hope to the common man that maybe prosperity will return. Keep manufacturing here, keep the car industry here. Make union wages equivalent to inflation re: 40 years ago. Let nationalism rise again. Not to mention immigration. Whether he comes through or not is another story, but for one night the common man and woman have hope back in their lives.

#30 bdwy sktrn on 11.08.16 at 11:32 pm

at least the american will never show his ugly face here again!

#31 Smoking Man on 11.08.16 at 11:34 pm

DELETED

#32 Charity on 11.08.16 at 11:34 pm

I said it 4 weeks ago, the Donald seems to be pretty resilient don’t be surprised if pulls it out. From what I remember your post said no chance, and the blog dogs were in agreement. The only thing is I didn’t want him to win.

#33 Ben Fellsin on 11.08.16 at 11:35 pm

No rate hike?

#34 conan on 11.08.16 at 11:35 pm

I expect lots of wealth to move up to Canada. This is our Country’s chance to have a mini renaissance. Show the World etc.

#35 Capt. Serious on 11.08.16 at 11:37 pm

Angry white people called this election. End of story. America is set back 60 years by this outcome.

#36 ANON on 11.08.16 at 11:37 pm

Garth, stop being too harsh on yourself. It was bound to happen, Trump or no Trump, vote or no vote. The piling up of impossible to keep promises is bound to fail at some point. Don’t get caught in the fray. All that goes up must come down. You posted the bubble chart yourself a couple of blogs ago, it is never different, for anything or anyone. The pin, it is irrelevant.

#37 Sunburned canuck on 11.08.16 at 11:40 pm

DELETED

#38 Anon on 11.08.16 at 11:40 pm

Turns out only white male lives matter after all.

#39 Trustee1 on 11.08.16 at 11:41 pm

This reminds me of watching the 95 QC referendum results roll in…

#40 Smoking Man was right on 11.08.16 at 11:42 pm

You said there was gonna be humility. Where’s the humility, Garth?

#41 D on 11.08.16 at 11:42 pm

T2 must be crapping his pants right about now. I guess if Trump wins there will be no visits to the White House for him.

#42 bdwy sktrn on 11.08.16 at 11:43 pm

clinton to win pop vote easily
trump to win elec college.

all those pompus jerks who came on here -explaining- how it was impossible for hildabeast to lose because of the elec colllege please hang your heads in shame.

#43 Smoking Man on 11.08.16 at 11:43 pm

Last song of the night

Music so under rated.

https://www.youtube.com/watch?v=n4RjJKxsamQ

#44 common sense on 11.08.16 at 11:44 pm

Mr. T you are human…..BUT sitting on a comfortable net worth thru hard work, brains you may not know the sense of desperation on main street…here or in the USA…The markets look great but at street level jobs are hard to find and many are struggling BIG TIME and very, very afraid with little or no HOPE.

The displaced have spoken…for an idiot yes but someone they thought better than the status quo.

#45 Cdn Mom on 11.08.16 at 11:45 pm

Good. As voted.

This, as was Brexit, is about control of your country. It is about rule of law. Either all follow it or it eventually falls apart. It is about legitimacy.

The Dems failed to realize this. The Republicans *might* have recognized this. Elites in both parties are about to get a whooping from the people they claim to “represent”*.

Trudeau, Wynne, both Liberal parties, you have been warned. Mainstream media propaganda machines as well.

*represent- what politicians claim to do while stealing from your picket, and lying to your face

#46 Franco on 11.08.16 at 11:46 pm

Just speechless. The next four years will be strange indeed.

#47 Cdn Mom on 11.08.16 at 11:46 pm

pocket…not picket

#48 William Bell on 11.08.16 at 11:48 pm

Well… Gov Canada’s Immigration website went down tonight. Perhaps the unprepared spike of traffic.

#49 traderJim on 11.08.16 at 11:48 pm

Looks like the people who called it all wrong are going to blame it on how stupid and deplorable ‘humanity’ is.

I would suggest you might ant to check your assumptions and maybe not take the mainstream media at their word from now on.

A little healthy skepticism and an open mind will go a long way to helping your predictive capabilities and your financial situation.

Denial of reality is not a good strategy in general.

#50 T5_INCOME on 11.08.16 at 11:48 pm

You admitted it like a man.

#51 nonplused on 11.08.16 at 11:50 pm

I think the US election was mostly “Status Quo” Clinton 2.0 vs. “We Want Change!” Trump.

What happens if it’s dead tie (which is looking possible)? I think the house decides and there will probably be a democrat majority.

#52 BillyBob on 11.08.16 at 11:50 pm

Am I missing something? I’m watching CNN coverage and as far as I can see, it’s not over yet? Sure, it doesn’t look good for Clinton, but calling it the OTHER way before it’s officially over seems a bit premature to me!

#53 Sitestree.com on 11.08.16 at 11:51 pm

I still thought that trump still might have a change even after the article All Good.

Actually, scheduled some purchase at 3 to 10% below current price (for some at 52 weeks low). I am just starting to invest ….

#54 conan on 11.08.16 at 11:51 pm

I am hearing that the Canadian immigration website has crashed. It begins.

#55 Ken on 11.08.16 at 11:51 pm

Sad, scary and a true worry for the whole world.

#56 it’s only Trump and coal (but I like it)…. on 11.08.16 at 11:51 pm

my vote for Trump (as a Dual-citizen) was a vote against Clinton…..she’s far, far more disgusting than Trump….

The people are speaking and do have a voice…..

#57 common sense on 11.08.16 at 11:52 pm

Where’s James?

#58 boonerator on 11.08.16 at 11:52 pm

Reptilian mind, Trump knew how to get it working for him.

#59 earlybird on 11.08.16 at 11:53 pm

Nope, your a victim of media.

#60 Ex-Cowtown on 11.08.16 at 11:53 pm

Trump was created by Obama and Hillary. They deserve the blame.

#61 bdwy sktrn on 11.08.16 at 11:53 pm

urban van RE up 20% this week with the flood of trumpug
gees

#62 bdwy sktrn on 11.08.16 at 11:54 pm

trump refugees

#63 Wack on 11.08.16 at 11:54 pm

I’m seeing a sale on some stock tomorrow! Lol!!

#64 BobC on 11.08.16 at 11:56 pm

I have my lowball orders in and should scoop up some great bargains. So looking forward to tomorrow.

Make America great again!

https://youtu.be/CILIBlQ2D0Q

#65 Ex-Cowtown on 11.08.16 at 11:57 pm

Trump will reach out and bring in democrats rather than just rely on re-tread republicans to build his transition team. Everything about the guy is unexpected. Unless you read Sun Tzu of course.

#66 AB Boxster on 11.08.16 at 11:57 pm

“from a guy who brags about not paying taxes, admits to being a groper and promotes racial and religious intolerance. Trump has made outsiders feel like insiders because he legitimizes human prejudice and mainstreams bigotry’

———————————————–
What Americans are saying, and many around the world are saying, is:
“we don’t really care about these things”

As one US network pundit said tonight “I can name 5 policy things that Trump believes in, and I can’t name 1 that Hillary believes in”

Everyone has personal foibles.
I suspect that Trump is far less a misogynist than you believe.
I suspect that he is far less racist than you describe.

However, most people don’t really care about social justice nonsense issues.
All people have some prejudice. Who cares. Ignore them if you don’t like their personal beliefs.

Obama is a great liberal, a fine socially conscious president.
He has been an unmitigated disaster.
Obamacare has been a mess.

People do not choose leaders because they are socially progressive.
Social progessiveness does not provide jobs.
Social progressiveness does not balance the budget.
Social progressiveness does not equate to strong leadership.

The American electorate is not happy with immigration.
They are not happy with any trade at any cost that seems to benefit trading partners, corporations, but not themselves.

They are not happy with the direction of their country, at the hands of the progressives.

That does not make them racist, xenophobic or anti-trade.
It makes them human.

#67 Smoking Man on 11.08.16 at 11:57 pm

Looks like I’m not doing toilets. even though there was no counter party bet, its in the archives.

If there was. The home page would be mine.

I would just say. Gartho. democarcy free speech.

Your blog rocks. You you rock. You let us play.

Thats not suckig up. That’s reality.

He worked for phyco Harpo, and gave him the bird.

Nothing else matters.

#68 Freedom First on 11.08.16 at 11:58 pm

Yes. I called it here. Weeks before the GF poll where I said I voted Trump.

I study history. Beat, whip, and stomp on the : serf’s, peasants, peons, laborers, former hundred’s of millions of middle class world wide, hard enough and long enough, and they will rebel, either by vote or by bloodshed. Like during the Industrial Revolution, where beating on the above produced Unions. Blood was spilled by workers to get a fair deal in pay and working conditions. Nothing was ever given by any sense of fair play.

Unfortunately, many Unions got as greedy as their Overlords. Hence, Globalization. More greed.

LOVE of money is the root of all evil. As well as the lust for power and prestige. Right, Hillary? It was your downfall. Government for the people by the people had long ago disappeared. Will it come back?

I’m not holding my breath. I take full responsibility for my actions, as I am a man, and must look after myself. Or, suffer the consequences. Unlike many, not including the handicapped, but the entitled getting a free handout. Time to cut them off.

007
Freedom First
Freedomonics.

#69 John on 11.08.16 at 11:58 pm

Simply amazing. Democracy is beautiful thing. Despite all the misrepresentations and name calling in the media – even from people like Garth – Americans would not be denied on what truly mattered to them. Bravo! Finally someone to fight for their jobs and sovereignty. Congrats President Trump!

#70 gut check on 11.08.16 at 11:59 pm

I can honestly say that I have not watched more than 15 minutes of the campaign as covered on the mainstream media. I am watching the live coverage on two MSM outlets tonight, however.

What is clear to me is that those who have been in control of the (false) narratives for the past 15 years have, at some point, bought their own bullshit. They seem COMPLETELY flabbergasted that Trump could win.

i mean DEVASTATED, UNPREPARED AND TERRIFIED.

From my POV (politically agnostic, I think they’re all a bunch of dyed in the wool sociopaths at this point) it was obvious that Trump at least had a chance. a great one. That this bunch of ‘professionals’ were caught with their pants off (not down… OFF) demonstrates exactly WHY Trump will win (pretty much has won)

It is because those in power positions have 100% detached from reality.

That Trump used words that real people use was enough to win most ‘regular’ folks over.
That’s ALL it took!
Look, I think the man is a pig.
A total pig.
But he is more REAL than anything we’ve seen since I was in diapers.

In this world of 24/7 spin and lies people were starving for real words, real emotion and and end to the nauseating spoonfeeding of PC claptrap that has almost strangled the Western World to death.

What scares me is that Canada is going to look south and in a blind panic not to have this ‘happen here’ we are going to go after freedom of speech and expression.

I am a herdonomics apprentice, and I hope that you all remember this warning and choose the right side of the fight when it comes to preserving our rights in the near future.

peace.

#71 David on 11.08.16 at 11:59 pm

Trump will approve the Keystone Pipeline. Good for Canada. Buy ENB and TRP now.

#72 Fed-up on 11.09.16 at 12:00 am

Let’s face it blog dogs, the white, christian, heterosexual world is pushing back. Whether we want to admit it or not.

Interesting years ahead of us.

#73 April. on 11.09.16 at 12:00 am

Holy Shite, Batman.

#74 Jimmy Doo on 11.09.16 at 12:00 am

You were wrong and owned it right away. You’ve got class Mr. Turner.

#75 Smoking Man on 11.09.16 at 12:00 am

To you Gartho

https://www.youtube.com/watch?v=m9BCpIm_P9Y

Why does the ucc tell me.. your a god.

#76 Kinkalgary on 11.09.16 at 12:01 am

It’s time to drain the swamp – full speed ahead! Time for change, Notleys next!

#77 Ronaldo on 11.09.16 at 12:02 am

Not surprised by the results after listening to many of his speeches. People are obviously fed up with the status quo and want change. I only hope that he is able to follow through with the promises he has made to the people. I believe he will be good for the U.S. I believe he can make America great again. I wish him and all the people in the United States the very best.

#78 Whistler Bubble boy on 11.09.16 at 12:03 am

WOW Smoking man you called it yet again, glad I loaded up on gold ETF last week, should be a bounce for a couple days and then I exit and buy S&P on sale.
Thanks for the link to the book Smokey I am enjoying it, I like the fact you mentioned Garth and the blog.
Cheers

#79 Wack on 11.09.16 at 12:03 am

People voted against the establishment and Hilary, they don’t care Trump is crude and says crude things. It is a very divided country down there!

#80 Figured he would win on 11.09.16 at 12:03 am

Having been saying something afoot in America for awhile.

Tried to post anti-Trump calculations about EC Vote knowing fully well he may well win…hey, still believed in Jung’s Collective Subconscious, but clearly that effort failed.

A lot like the Lefty Media.

Congratulations President Trump.

Too afraid to logon to TD Waterhouse.

Good advice Garth, I think I’ll wait a year before I next logon.

Keep your awesome advice coming Garth.

Ciao d’Italia.

bsant

#81 End the FED trump. STOP FREE TRADE on 11.09.16 at 12:03 am

Trump for those who understand the descent from three middle class knew trump had a real shot. Free trade is BAD for the middle class but great for a handful of people. Hopefully trump does what he says. Polls are all fake.

#82 stage1dave on 11.09.16 at 12:06 am

I wasn’t sure which way America was going to turn either, but was hoping for a “decisive” victory by one candidate; especially given Trump’s rumblings about potentially refusing to concede a close vote…

Tomorrow will be interesting…along with the next few weeks. The natives are definitely restless…

#83 stage1dave on 11.09.16 at 12:07 am

Holy crap…I just realized that’s TWO posts in one night!

#84 VanDammeCouver on 11.09.16 at 12:07 am

Garth I appreciate your humility. You overestimated humanity, well put. In the end, a balanced and globally diversified portfolio will be fine and has been through worse.

#85 TRT on 11.09.16 at 12:10 am

The 1% elites greed is to blame for the result. And the result is a complete swing of the pendulum. Globalism is dying because it didn’t respect the people.Canada is in for a rude awaking.

And Trudeau2: Advice to you…listen to your people.

#86 MSM-Free Zone on 11.09.16 at 12:11 am

“Tens of millions” didn’t vote for any of the above. A seedless water melon sans teleprompter could have achieved identical results.

American Revolution v2.0 (without all the bullets).

Gotta hand it to Smoking Man. He definitely has insight into the human condition.

#87 TRT on 11.09.16 at 12:11 am

Vancouver port gonna get hit. But we can always increase immigration and sell them houses….right?

#88 Wrk.dover on 11.09.16 at 12:11 am

Cool cool runnings. My forefathers did not waste their lives fighting the revolutionary war to expel royalty!

Shillary be gone! Boo yah!

#89 Smoking Man on 11.09.16 at 12:12 am

Up to 12 books.

Thanks you dogs. Just need one of you 12 to say after 6 years of a drunken effort. You laughed at one joke.

I’m a joke.

Story of my life.

I may not ever go back. I’m old and usless now. They won’t miss me.

One more day.. to look at the faces who thought I was nuts.

#90 Polls R Phake on 11.09.16 at 12:14 am

Told you so?

Polls R SOOOOO Phake

#91 TheWilyKatipo on 11.09.16 at 12:14 am

Thank goodness I’d already given up on any idea that humans are rational or the world makes sense, or I might be quite disillusioned now.

#92 MikeS on 11.09.16 at 12:14 am

So much for that rate hike in December…

#93 Lady Jane on 11.09.16 at 12:17 am

Well the world really got their asses handed to them tonight. Did NOT see that coming but, it’s often been said, never under estimate the stupidity of a large part of the American public. Back to the stone ages if this idiot doesn’t blow the whole world up in the mean time. God help us all.

#94 Sebee on 11.09.16 at 12:17 am

Pollsters? You’re Fired!

Dow down 800.

Make America Great Again hats sold out!

Immigration Canada site crashing.

#95 ulsterman on 11.09.16 at 12:18 am

The “embarrassed Trump voter” just high fived the “embarrassed Brexit voter.” The media mocked them but they had the last laugh. They didn’t want to admit to the tyranny of the masses who they wanted to vote for, but in the privacy of the polling booth they made their choice.

#96 Smoking Man on 11.09.16 at 12:19 am

#70 gut check on 11.08.16 at 11:59 pm

Don’t give two shits about your politics or mine for mine that matter, we could change our mind tommorw .

Distraction to art is what Im thinking.

Shit. You made me girl. I love you.

I don’t care what you look like, what meat you have in your fridge. Who you vote for. Your an artist. Nothing else matters.

Thank you.

#97 ulsterman on 11.09.16 at 12:20 am

TRT on 11.09.16 at 12:10 am
The 1% elites greed is to blame for the result.

I agree. You can outsource and ignore the great unwashed US worker for only so long before they bite back.

#98 No on 11.09.16 at 12:21 am

I’m so sad on the amount of hatred that exists.

#99 traderJim on 11.09.16 at 12:21 am

This event was a great example of that rare opportunity, a trade that almost could not lose.

I am heavily short the loonie, as my thinking was:

1) Hillary wins (likely, I thought) then loonie rises temporarily, but means the fed raises rates in December is guaranteed, which brings the loonie right back down and much lower in a few days or

2) Trump wins and loonie takes an immediate beating, not as bad as the MXP, but not nearly as risky a trade.

Too bad you don’t get many set ups like this.

#100 BG on 11.09.16 at 12:21 am

#13 Unbelievable on 11.08.16 at 11:20 pm
He tweeted… “Hey Canada. You’re getting a wall too you Snow Mexicans”
**********************************************

It’s fake.

#101 Ned on 11.09.16 at 12:22 am

“nothing to do with trump.

people voted against the system and hillary is the system personified.”

My thoughts exactly..

#102 meslippery on 11.09.16 at 12:23 am

protectionism vs free trade.

How many have lost good jobs? and if they have a new one its
at a much lower rate. So given Hillery or Trump lets send a message.

#103 Terry on 11.09.16 at 12:23 am

Told ya so!

Welcome Mr. Trump…………..Welcome Mr. President!

Regards,

Terry.

#104 Ole Doberman on 11.09.16 at 12:24 am

The big question here is will this be bullish or bearish for Canadian RE??

#105 IHCTD9 on 11.09.16 at 12:25 am

Good thing I built that bomb shelter on the weekend.

Rule number 1 in prepping for the apocalypse is always make sure you have several large, yellow, steel-tracked pieces of heavy equipment available at all times.

Check.

#106 Debtfree on 11.09.16 at 12:25 am

As this is really about Canadian real estate and investment could a Donald presidency be good for Canadian real estate ? for obvious reasons .

#107 James on 11.09.16 at 12:27 am

This result, although shocking to most, was not to me. I lived in the UK from 2000 through to 2006. I witnessed throughout the entire country, beyond the pale boroughs ol’london town, a deep resentment toward the EU. I often said when I lived there that given the right opportunity – a referendum – that the majority of Britons would choose to leave the Union. It was clear to me as it was during Brexit, that the those in the know – elites, the 1 percenters – all knew the folly of a referendum.

Onward and upwards, during your canvassing of opinion as to who would win the US election I was one who voted for Trump. It has been patently obvious to me that it is the periphery that is driving this election. For the first time in US history you have an individual who puts voice to the working class citizen, the disaffected, the marginalized. As an individual who comes from a very working class background it didn’t take much to see the shift in the United States to an anti-establishment viewpoint by the disaffected majority. The only irony here is that it took a billionaire to give voice to those people and draw them out in huge numbers to cast their ballot against what they perceive to be the status quo.

In the end, life will go on, the markets will be fine and as long as we all keep balance portfolios as is espoused here we will all weather the storm better than most!

#108 millenial905er on 11.09.16 at 12:27 am

Bahahaha. Neither of them are good candidates, but there’s a part of me that’s very glad. Crooked Hilary thought she could screw over Bernie without any ramification. She thought she could manipulate the media (see: Politico emails).

https://www.youtube.com/watch?v=sZu6k3ZmB1E

South park got it right. With every election, people get worked up into insanity and ultimately nothing changes.

Cool your pants people.

#109 OverRun on 11.09.16 at 12:29 am

YooHoo! I was right!! I trusted Trump would win!! Trust the SNS, YouTube. All big data experts said, Trump will win!! Only MSM supported f_cking Hilary. Don’t do any Stocks!! I bought lots of Gold coins two yrs ago!! Yoohoo!!!

#110 BillyBob on 11.09.16 at 12:31 am

There is always a silver lining.

No more james.

#111 Smoking Man on 11.09.16 at 12:33 am

12 books sold , Im rich.

Thank you dogs.

#112 Till Eulenspiegel on 11.09.16 at 12:33 am

Yes, you were wrong. Yet again.

It is clear that you still believe that Trump supporters are in a basket of deplorables. This 1 percenter is a 100% Trump supporter.

#113 Julie K. on 11.09.16 at 12:34 am

Holy, holy, holy sh!t.

#114 NEVER GIVE UP on 11.09.16 at 12:34 am

It is look very Trumpish at the moment.

Whether or not he is pres. Our Government should be hedging our bets with free trade agreements all over the world.

We should be sending out delegations en masse.

We should be making trade deals our raison d etre’.

Otherwise we are beholden to crackpots with simpleton ideas and bad tempers.

Lets have a World Trade G200 in Toronto! If we don’t The Donald can and has the ability to send us into severe recession.

What will happen to Walmart, The Bay(American), Nordstrom, if Nafta is cancelled?

There are so many important international companies creating jobs for both Americans and Canadians that will be filing for Bankruptcy if Nafta is cancelled.

Alert! New idea! Problem solved! We could backstop all bank loans again, bring back liar loans, Foreign money, and all will be well again. We just need to retrain our High tech sector to do roofing and drywall!

#115 Trrrrump on 11.09.16 at 12:36 am

Greaterfool community….I told you so! Please see all my previous posts. I am not a conspiracy theorist! I told you all MSM were liars and crooks when it comes to the polls. This was no surprise…NO SURPRISE!

To CBC and especially CBC Radio…it serves you all right and I’m so happy!!!!!!!

#116 Entrepreneur on 11.09.16 at 12:36 am

Trump said toward the end of his campaign that he will not tear up NAFTA, only make a few changes.

This is what happens when people are not working and ignored for so long.

Also, everyone needs to calm down.

#117 Smoking Man on 11.09.16 at 12:36 am

I hope Garth don’t get any wierd thoughts about the next song. I love life, don’t got much more time left. I’ve lived.

Nothing eles natters,

https://www.youtube.com/watch?v=Jl5vi9ir49g

#118 stage1dave on 11.09.16 at 12:37 am

Agree with several posters tonite; maybe not so much a vote “for” Trump as a vote “against” the system…he’s definitely walking point in this perceived “fight”.

Jesse Ventura has some well-reasoned comments on RT tonite about the reasons for The Donalds’ appeal.

#119 Alberta Ed on 11.09.16 at 12:38 am

Any bets on how soon the first impeachment proceedings against the Donald will begin? Oh, and the Trump University fraud trial should prove real interesting.

#120 Smoking Man on 11.09.16 at 12:38 am

My Bro

https://www.youtube.com/watch?v=Jl5vi9ir49g

#121 Marcus on 11.09.16 at 12:39 am

I told you do. Bwahahahahahahahahaha! Just imagine all the indictments. Word is as of three days ago the Clintons transferred their financials to Switzerland. They will be the first former President and Sec of State to leave America. Dow futures down 900. Total re-allocation underway. So glad I figured this out a year ago. Thanks Smoking Man!!!!!!!!!!

#122 Jeff on 11.09.16 at 12:39 am

Black swan… black swan… mayday… mayday…

#123 Smoking Man on 11.09.16 at 12:40 am

To sid bartet

A november Buietyy

https://www.youtube.com/watch?v=Jl5vi9ir49g

#124 Polls R Phake on 11.09.16 at 12:42 am

Trump just made a HUGE comeback in PA. Hillary has got to be going out of her mind right now..

This is so awesome. I can’t believe it.

presidential results
president
key race20 electoral votes
candidate%votes
trump48.5%2,706,146
clinton48.0%2,680,667
johnson2.4%133,005
stein0.8%46,111
full details
processing, est. 93% inupdated 12:37 am ET, Nov. 9

POLLS R PHAKE

#125 Braj on 11.09.16 at 12:43 am

I really do love this blog. Thank you Garth!

#126 Smoking Man on 11.09.16 at 12:45 am

#109 BillyBob on 11.09.16 at 12:31 am
There is always a silver lining.

No more james.

…..

Do not toss them under the bus. We are here to help them. Nictonite mission code 101

I can save that that thing, its got to listen.

I’ll get there one day.

#127 stage1dave on 11.09.16 at 12:49 am

#104 IHCTD9

Good thing I built that bomb shelter on the weekend.

Rule number 1 in prepping for the apocalypse is always make sure you have several large, yellow, steel-tracked pieces of heavy equipment available at all times.

Check.

—————————————-

…was wondering if that’s what the D9 in yer header stood for…

#128 End the FED trump. STOP FREE TRADE on 11.09.16 at 12:49 am

Democratic are stupid. Bernie Sanders would of won. The corporate elite got greedy with sellout Clinton. Now we maybe stuck with trump. I hope does what he says and not just tell us what we want to hear. Tear up NAFTA . Bring back the auto pack and other tariffs and bring back all those domestic jobs. The down side corporations will make a little less as they have to share some of the pie instead of eat it like pigs.

#129 Montellino on 11.09.16 at 12:53 am

“Dont tell people what to do or they will tell you where to go” these were the lessons from Rob Ford, Justin and (now) Trump campaigns…mainstream media and public influencers seem to forget that all too often and serves them right… nothing surprising here.. he played this amazingky and deserves congrats.. stop and think about it.. guy wanted to be president and he did it.. starbucks meet budweiser..

Pumpkin spice whatch-ama-call-it??

#130 traderJim on 11.09.16 at 12:53 am

I think the people that can’t understand how Trump won (?) this thing should consider the following:

Trump says “I could shoot someone in the face and they’d still love me”

Hillary supporter: “Oh my god, Trump just said he wants to shoot people in the face!! He’s a lunatic!”

Trump supporter: “Haha Trump knows we love the bastard for being so politically incorrect”

Now which of those two is more rational?

#131 molson cdn on 11.09.16 at 12:56 am

Its okay Garth. You did your best. You fell for the mainstream media propaganda hook, line and sinker!

So did many.

Oh my , my. Did my gold ounces just rise by $100.
Whats that all about?

#132 Joe2.0 on 11.09.16 at 12:58 am

Once Trump reveals whats in the Clinton emails I believe your world view will change.
Hopefully he won’t be killed first.
It’s going to be revealed that it’s quite the web they’ve weaved trying to deceive.

#133 palebird on 11.09.16 at 12:59 am

Trump is president elect and the world will not end because of it. Tomorrow the world will carry on. And Obama will go down in history as one of the worst presidents in history. But what I still find surprising is how naive Canadians are. To all those Canadians who don’t understand how Trump could be elected think about this. You do not live in the USA. So how could you possibly know what this election was/is about? By watching the news?? Wake up, turn off the tv and get with the program.

#134 Polls R Phake on 11.09.16 at 1:05 am

“A Trump surge was not on my radar”

Sorry Garth but we your beloved bloggers have been telling you this outcome for months. Even right from the beginning when you said that Trump would not even make the Rep nominee.

Sorry man.

#135 WalMark of Sadkatoon on 11.09.16 at 1:06 am

Sorry James never got to kno ya!

#136 the other white meat (pork) on 11.09.16 at 1:06 am

Nice piece, open with false humility and end with a heaping spoonful of condescension. I think many people will be shocked to discover that Mr Trump is none of the nasty things he has been called on this blog, or in other places. Trump won Florida, which, I believe,has one of the largest concentrations of Latin American voters in the US. Maybe they see things more clearly from the bottom than some people do from the lofty heights.

#101 meslippery on 11.09.16 at 12:23 am
protectionism vs free trade.

How many have lost good jobs?

Hundreds more did all across Canada. Earlier today Shaw Cable fired all of its well paid piece work technicians in favour of lower paid hourly workers. Then the hourly workers were demoted to a lower job category with …..lower pay!

#137 TRT on 11.09.16 at 1:07 am

Garth, can you write a post on effects on Canada. Talking points:

1) NAFTA
2) CETA
3) Port of Vancouver
4) Cross border trade

#138 Tamsen on 11.09.16 at 1:08 am

“Ned on 11.09.16 at 12:22 am

“nothing to do with trump.

people voted against the system and hillary is the system personified.”

My thoughts exactly..”

The problem is Trump will think it’s all because of Trump …

#139 IHCTD9 on 11.09.16 at 1:12 am

CBC posting lots of pics of blubbering Clinton supporters.

#140 Million dollar house and Trump on 11.09.16 at 1:14 am

Maddness all around. I can’t handle this! Aggghh

How can people afford this? Can they not see what’s happening to Vancouver?

http://www.bloomberg.com/news/articles/2016-11-08/toronto-million-dollar-homes-pushing-demand-to-nearby-cities

#141 maj on 11.09.16 at 1:14 am

It’ worse than Brexit…nobody gets to leave.

#142 Mark on 11.09.16 at 1:17 am

Guess I’m making another house (or half a Vancouver house) on gold tomorrow. :) Adjusted for the sales mix, of course (ie: not phony Realtor numbers!).

The big question here is will this be bullish or bearish for Canadian RE??

Probably bearish. A continuation of the trend over the past few years, accelerating in the past month or two.

#143 Saraya grewal on 11.09.16 at 1:17 am

Not much humility Garth, when you state you “overestimated humanity “. People are just so, so tired of politicians saying one thing in public and doing nothing or the opposite of what they say. People are not stupid Garth, it’s sad you believe that.

#144 bdwy sktrn on 11.09.16 at 1:21 am

trump holds real estate not stocks – dow 14000?

#145 Fluorine on 11.09.16 at 1:22 am

Well… I think the simmering anger out there was completely misunderstood by the MSM and goverments. Not that I think things will be awesome… more scary than anything, but change always is.

At least it might be better, instead of “America never stopped being great”, possible the worst slogan I’ve ever heard going into a shitshow like this.

Watching the C-SPAN live coverage from Hillary campaign HQ is so depressing lol

Well, time to buy into the dip! Asia already tanking, probably anticipating the TPP being confetti.

#146 bdwy sktrn on 11.09.16 at 1:22 am

To CBC and especially CBC Radio…it serves you all right and I’m so happy!!!!!!!
————-
+100

#147 MBG on 11.09.16 at 1:23 am

Garth, you give sound advice, but get out of the prediction business.

#148 Blacksheep on 11.09.16 at 1:26 am

Congrats Smoking Man.

Can’t wait to hear her concession speech.

This little ditty goes out to poor….sweet….Hilary:

https://www.youtube.com/watch?v=UKwVvSleM6w

#149 WUL on 11.09.16 at 1:26 am

Go long Cape Breton real estate!!! NY, VT, ME CT, NJ, RI and DC are emptying.

#150 Bobs ur uncle on 11.09.16 at 1:32 am

#65 Ex-Cowtown on 11.08.16 at 11:57 pm
Trump will reach out and bring in democrats rather than just rely on re-tread republicans to build his transition team. Everything about the guy is unexpected. Unless you read Sun Tzu of course.

***

I honestly hope you are correct. I hold a dim view of trump so extremely skeptical, but will go with your glass half full POV, since the alternative is so very bleak.

On another theme – I wonder if anyone closing on a million dollar tear down today is seriously sh*tting bricks?

And on the upside – with Trudeau looking for talented immigrants, we may benefit from smart people who would otherwise look to the USA coming here instead for stable, secure democracy.

#151 rjrt81 on 11.09.16 at 1:32 am

a sad day for civilization . where ignorance and racism is the flavour of the day.

#152 domain on 11.09.16 at 1:34 am

Pure. Gold.

Christmas came Early :)

First Brexit, now Trump. This won’t be the last of the surprises either. Many more surprises ahead coming from Europe now, along the same line of anti-establishment votes. Italy, France, and more!

#153 Fortune500 on 11.09.16 at 1:34 am

Either way, a Trump win will tank markets and his planned policies and battles will do little to improve our portfolios in the coming years.

Really should have bought that house …

#154 Steve French on 11.09.16 at 1:35 am

Well.. looks like i gotta eat crow and hand it to the Smoking Man.

….That dude can roll man….

His polling stations across various New York state casinos were accurate.

Smoking Man: you should be hired by CBC to provide political the view of the masses from the nation’s casinos?

#155 WUL on 11.09.16 at 1:35 am

A reality TV star becomes POTUS??

That’s nothing. I remember a time when a grade B actor with dementia gained the Oval Office.

#156 DisgustMadeMePost on 11.09.16 at 1:38 am

And that’s how much they DIDN’T want Hillary….

#157 Joey magic on 11.09.16 at 1:41 am

Bwahahahahaha! I called Trump by a landslide because he gets the people. Hillary is a bag lady for Soros and the planet killers. Trump is great for Canada , Alberta will boom again, keystone is assured. The climate zombies will will eat the sustainable development tax models they’ve spewed by the mega ton. It’s Trump by a landslide and Hillary, Bill, Podesta and Brazille etc for prison. I can’t wait for the Clinton Foundatipn trials to begin

#158 Joey magic on 11.09.16 at 1:43 am

And btw , Juniper Trudeau will venture into a whole new reality when he pukes up all the crow he’s spewed at Trp on behalf of his god Obummer

#159 John on 11.09.16 at 1:52 am

Can’t wait to see all those celebrities planning on moving to Canada to flee trump to experience the warm embrace of our foreigner real estate tax, lol.

#160 Rational Optimist on 11.09.16 at 1:57 am

“Trump has made outsiders feel like insiders because he legitimizes human prejudice and mainstreams bigotry. He became a powerful leader by being a meticulous follower. I did not think this was possible. I underestimated him. I overestimated humanity.”

“overestimated humanity.” Well said. We all thought that telling people living in the richest country on earth in the 21st century that they were poor, thanks to foreigners, would fall flat as a pitch. Apparently there are tens of millions of people with zero perspective, who are willing to let jealousy over the success of persons with different skin colours overshadow the fact that they live in the richest society in the richest era ever.

I’m still in the denial stage, and this ain’t over ’til it’s over. But, if it’s over, thank God we’re here, without a party that wants to gut trade and immigration for its own this-cycle advantages. It’s going to be terrifically shitty with a nincompoop in charge of our by-far-largest trading partner.

If they’ve got a loser in charge, thank God our last government negotiated CETA, and our current government got it done. And we’ll trade with our TPP partners with or without those isolationist morons on whom we used to rely.

#161 bdwy sktrn on 11.09.16 at 2:08 am

next president is ivanka trump
——————-
hillary gone to bed

donnie can stay up till 3

i cant believe this.

#162 fishman on 11.09.16 at 2:33 am

SM’s call on the wives was brilliant. The wife will play nicey,nicey, & lie. As a kid I remember mom went with dad on the heavy stuff. She isn’t going to live with old man pissed off. That so called “women for Hilary” stuff came after” wifey with husband.” And subtley the nudge is extended to the daughters but of course silently, don’t make waves. American women fooled the experts.

#163 Skip Breakfast on 11.09.16 at 2:41 am

I’m glad to see you contrite. It was so obvious to me you were wrong about this, and I lost a lot of respect for you. Not because your forecast was wrong, but because you revealed how wedded you are to the status quo no matter what its flaws. Time to sell the Harley.

#164 DON on 11.09.16 at 2:44 am

#93 Lady Jane on 11.09.16 at 12:17 am

Well the world really got their asses handed to them tonight. Did NOT see that coming but, it’s often been said, never under estimate the stupidity of a large part of the American public. Back to the stone ages if this idiot doesn’t blow the whole world up in the mean time. God help us all.
************************
It looks like they took the anti-establishment way.

#165 Polls R Phake on 11.09.16 at 2:45 am

Its over

President Donald J Trump

#166 Goober on 11.09.16 at 2:47 am

It’s official. PBS / Associated Press has called the vote for President Trump

#167 Pete on 11.09.16 at 2:47 am

Told ya.

Stand fast Craigellachie!

#168 Grant Harris on 11.09.16 at 2:50 am

I’m utterly terrified, not what?

I don’t see how this can be anything but instability and unpredictability.

#169 Balmuto on 11.09.16 at 2:51 am

It’s starting to sink in. A very dangerous man has just taken over the world’s powerful country. This joke isn’t funny anymore.

#170 DON on 11.09.16 at 2:52 am

MF

Change is in the air.

Smoking Man.
Poof Bub Bye James
Be happy to read your book

The markets were wrong.
But now comes the hangover kinda like the T2 Experience.

Yah I voted Trump because the there were no other choices. Clinton has evil in her look, Trump is a SOB but he knows his market.

Change is in the air world wide just have to observe.

But as Garth said…more of the same.

#171 Nothing Taboo on 11.09.16 at 3:03 am

As I said here on this blog a couple of weeks ago, America will never elect a woman as President.

The analytics and other emotional feelings had nothing to do with this result. America is in a steep rate of decline and they will accept any baboon to lead, as long as it isn’t a woman. Of course the woman wasn’t the greatest choice either.

Let the fun begin. Tension and civil war is ripe in the Lost States of America,

#172 JuliaS on 11.09.16 at 3:07 am

If you look at the map – most big cities where parasites segregate voted democrat. Every state where bankers rule voted blue. Everyone else who is sick and tired of the faux recovery and phantom statistics went red.

The headlines tomorrow should read: “World War 3 Averted!” Thank god!

Congrats, Smoking Man. Congrats!

#173 isuckless on 11.09.16 at 3:07 am

#35: America is set back 60 years by this outcome.

Yes, that was when the USofA was great.
This should be good for USofA if all those Republicans work with Trump in unison.
Now, for the Canada and Mexico, maybe not so.
Thanks T2.

#174 debtified on 11.09.16 at 3:08 am

I was wrong. Smoking Man was right. Respect!

#175 Setting the Record Straight on 11.09.16 at 3:09 am

Congratulations to the Americans who have started to set the record straight! I guess it’s true–never bet against the US

#176 Tamsen on 11.09.16 at 3:13 am

Careful what you wish for. America got their Ugly American …

#177 my house is my friend on 11.09.16 at 3:15 am

Lots of faces red and stuffed with crow on this blog tonight. Time for a nitecap, before bed. A glass of Schadenfreude should go down nice!

#178 isuckless on 11.09.16 at 3:15 am

Let me paly with herdonomics (I am not even an apprentice) and forecast loss of civil liberties and free speech in Canada, more PC and BS.
Our whites/christian/heterosexual (mostly males) don’t stand a chance here.
USofA prospers, we slide down :(

#179 isuckless on 11.09.16 at 3:18 am

#113 “our High tech sector”
That thing died in 2002, I was there. Never recovered.

#180 isuckless on 11.09.16 at 3:20 am

SM your book rocks!

#181 Clueless on 11.09.16 at 3:25 am

@ #118 Alberta Ed – your pain is entertaining. Please show us more.

#182 Clueless on 11.09.16 at 3:30 am

CBC was so pathetic tonight. 3:21am, and some moron still yammering about the possibility that when all votes are counted, she may win the popular vote. LOL… yet off the air you gasbag.

#183 Parksville senior on 11.09.16 at 3:30 am

Robert Ford has been re-incarnated as “le grande orange” and is about to destroy another govt.

Evidently republican recruiters have been able to roll over even more rocks to find deplorable voters.

But then Americans may just be that stupid.

#184 crdt on 11.09.16 at 3:34 am

I thought there would be a bit more humility and a bit less time on the high horse from Garth. Everyone gets put in their place at some time, would not be the first for Mr. Turner. I would see this as being out of touch rather then an insult.

#185 DON on 11.09.16 at 3:35 am

“I did not think this was possible. I underestimated him. I overestimated humanity.”

Garth even Malcolm Gladwell who wrote the Tipping Point didn’t see it. Americans had little choice with wikileaks verifying wrong doing.

You are right on the markets, investing, and housing. You should think about running for PM, change will be in the air in 3 more years. You have the backing for sure. We need a strong, sensible leader. But then again enjoy your life and your family.

One interesting point is 5% of those ages 20-29 voted for Gary, one day maybe in the near future independents will be the next fade/trend/need.

Cheers, friend

#186 Skip Breakfast on 11.09.16 at 3:35 am

And wait a second, I hate to rub it in, but isn’t one of your big arguments for investing all about the preferential tax implications? You’ve certainly gloated about your healthy profits on such investments, and how those profits are improved by the lower tax one pays on them. I really don’t see the difference. As a tax lawyer I mean. After all, they’re both legal forms of “tax avoidance”.

#187 LowRent of Arabia on 11.09.16 at 3:41 am

Democracy. Keeping lefty PC fascists from stealing all our money.

Politically correct is so 2000’s. Let the new era begin.

Say it like it is. Having a multi-ethnic society is OK. Having a multi-cultural one is a fallacy.

That’s not racist. That’s self-evident.

#188 DON on 11.09.16 at 3:45 am

#95 ulsterman on 11.09.16 at 12:18 am

The “embarrassed Trump voter” just high fived the “embarrassed Brexit voter.” The media mocked them but they had the last laugh. They didn’t want to admit to the tyranny of the masses who they wanted to vote for, but in the privacy of the polling booth they made their choice.
**********

Somewhere along the way the media forgot they are actors and news readers and not investigative journalists.

#189 DON on 11.09.16 at 3:46 am

So it’s official we can no longer trust the media polls or 538.

#190 Marcus on 11.09.16 at 3:46 am

Let this sink in. President Donald Trump with a landslide victory also wins the House and the Senate plus control over the Supreme Court for the next 40 years. This is a total victory. No other description is worthy.

#191 UH-OH on 11.09.16 at 3:46 am

Hillary didn’t have the courage to face the people and concede.

Prooves America got it right tonight.

#192 Coho on 11.09.16 at 3:50 am

Anyone paying attention knew that the polls were skewed 5%-15% heavy on democrats. As usual the MSM and pro establishment types painted a façade that this election was a slam dunk for HRC. They tried to control the narrative. Those paying attention expected a Trump landslide.

How sad for America and humanity in general would it have been that a scandal ridden self serving person who jeopardized national security and many lives in the intelligence community using her private email server (for her supposed convenience)…a person above the law, was elected leader of the free world. My how hard her and her cronies would have laughed at the entire so called democratic process. And imagine how this person would have acted as POTUS. she would have thought she was god herself.

The establishment bank on peoples’ ignorance. And if you try to educate people about crooked Hillary, most do not want to hear it. They don’t believe that someone could be that crooked running for office. It’s all conspiracy theory they say. The saddest part is that many people knowing she’s a liar and untrustworthy still voted for her.

Bernie Sanders would have beaten Trump, but TPTB wanted to install Hillary. So, they screwed Bernie over. Stole the nomination from him. Alas he would have been eaten alive as POTUS, anyway. The DNC got beaten and deserved to get the beating.

This election wasn’t so much about ideology as it was about exactly how far we’ve fallen as a race — and whether or not we have given up letting evil reign unchallenged so as not to stir the filth that has polluted the lake of humanity to the service. Oh the Mammon!

#193 Ryan on 11.09.16 at 4:03 am

Polls famously said B.C. would have an NDP landslide in 2013 (didn’t – exact opposite in Liberals’ favour); said Trudeau “might” win (was a landslide); said Brexit would never happen (did); and up until day-of, said Trump had minuscule chance of victory (“wrong!”). To me, this is the real tragedy. Polls are consistently, horribly wrong. Is there ever any soul-searching at these firms? Or…?

#194 Danger Dan on 11.09.16 at 4:33 am

This just proves “the markets” have as many dimwits as the rest of society. How could anyone honest thing Clinton would win? There were no reasons to rally behind her. Clinton voters were too busy pooh-poohing Trump. How is that going to win over swing voters? Ask any Trump supporter and they were overflowing with reasons for voting Trump. Even dumb reasons are more compelling than no reason at all other.

This was no Brexit. USD will continue to rally.

#195 NoName on 11.09.16 at 4:44 am

http://imgur.com/Lr0EUR0

funny

#196 Tyson Furious on 11.09.16 at 4:51 am

Great good day!

Hopefully not lost with Trump’s victory is how hollow and interconnected the mainstream media showed itself to be. Read corrupt. It used to be “The Forth Estate”, a necessary component in democracies to keep the politicians feet to the fire.

To those who might finally be beginning to awaken throw away the daily paper, the talk shows and the evening news. You are a unique human being who should not contract out your thinking. Gather information from disparate sources, weigh the strengths and the weaknesses and make your own mind up. You may end up being wrong at times but at least you weren’t the chicken in the cage with the high hormone slop shoved down your beak.

Useless (redundant) politicians are going the way of the buggy whip. When pressing issues such as the economy and youth unemployment are pushed aside in preference to ‘monumental’ mandates such as gay marriage and trans-gendered bathrooms, or bundled cable packages for that matter then it is clear that these overpaid, pensioned parasites with the $1500 hairdos should grab a shovel and start widening the Trans Canada Highway if they want to do the very least for the people that they represent. They work for YOU. not the other way around.

On a very minor point, knowing that every blog has its eccentrics and eccentricities, I noticed a little SM vs James conflict.

For those with ADD, the loon SM was afraid to take James up on his challenge so no calls for a ban on James are valid. Whoever or whatever SM is, he/she/it
is some kind of weirdo who might possibly commit hari kari if not allowed to post on this blog. Another strange case of cyber pseudo reality that is becoming more and more common. A sad development that.
Cheers-

#197 BillyBob on 11.09.16 at 4:52 am

Say, where’s that The American guy that liked to drop the f-bomb all over the place while getting all aggro declaring how ignorant Canadians were about the American electoral system and how Trump couldn’t win because of the Electoral College blah blah blah…?

Strangely though, this turn of events doesn’t make me feel like gloating much over just how wrong that fool was.

Trump winning the US election reminds me of a dog chasing a car. He never really expected to catch one, and now that he has, has no idea of what he’s actually going to DO with it…

#198 Soviet Capitalist on 11.09.16 at 5:37 am

About the tax thing:
– we’re paying: ~30% on income + 13% HST + ~10% (through currency devaluation in favor of the government) + ~15% (through biased regulations like preserving Bell/Rogers/Telus monopoly using taxpayers money) + ~10 (through other small taxes like property, driver’s license, …) = ~78%
So ~80% of our incomes go to taxes.
If that number reaches 100%, then we will all be slaves without being officially told so.
In these circumstances, not paying taxes is a patriotic thing to do.

#199 Steven on 11.09.16 at 6:25 am

Can I post again?

#200 ajax on 11.09.16 at 6:27 am

Trump did not win the election!

It was Hillarys whom lost it.

An american friend told me several days ago. American wasn’t ready for a women president.

Worst one whom they felt was arrogant, with a history of deception.

America wanted change, they didn’t get that from Obama. The hispanic and Black voter did not come out to vote. (Brutal). Women did not come out to vote for Hillary, because they just don’t trust this Clintons and their history of abuse is way worst than Crumper Trumper.

Too bad Hillary, its time to go. Bernie would of won, the democrats pick a losing horse.

#201 Rob on 11.09.16 at 6:31 am

Interesting year so far (and it ain’t over yet, children).
First the Brits got BRexit, now the Yanks got Trump.
Might just be something to those Nostradamus Predictions (Google it). But, hey, don’t sweat the small stuff, right?

#202 No Difference on 11.09.16 at 6:32 am

And soon the Donald will be handed the little black book that Obama was given when he took office. You know, the one that details what is really going on in the world…and in the end not much will change.

#203 Ontario's Left Coast on 11.09.16 at 6:34 am

Not sure what happened to HRCs 87% chance of winning… Anyway, Smokey called it and for that he deserves props. Good luck to all.

#204 mitzerboy aka queencitykid on 11.09.16 at 6:39 am

attaboy trumpski

#205 DoomandGloomer on 11.09.16 at 6:43 am

From my favourite movie – Office Space:

“So I was sitting in my cubicle today, and I realized, ever since I started working, every single day of my life has been worse than the day before it. So that means that every single day that you see me, that’s on the worst day of my life.”

I rest my case.

#206 DoomandGloomer on 11.09.16 at 6:49 am

When do the deportations start?

As you heard, they will be conducted in a “very nice way”, in a “very humane way”.

I’m starting an apprenticeship in bricklaying today. 20 more years of job security.

#207 Ace Goodheart on 11.09.16 at 6:51 am

#25 Ray Skunk:

“Rather like her #1 BFF here in Ontario, currently “enjoying” rock-bottom approval ratings.”

-when that 19 year old starts talking things are going to get interesting. Ontario politics might go the same way as the USA did. Right now they are shielding him from the media but that can’t last forever. Apparently he’s going to start talking about family values, abortion, and gender identity, if they would only let him off his leash. He is going to say things that will make people very angry and he’s not going to know why. Remember, home schooled since he was old enough to talk. Never been in a classroom. Still lives with his parents. The religious right view him as a deity. The rest of us, not so much. If he’s the voice of the conservatives, our currently unpopular premier might enjoy a surge in her approval rating.

#208 Smoking Man on 11.09.16 at 6:55 am

Why is Madonna not returning my calls. She ows me.

#209 $fromA$ia on 11.09.16 at 6:56 am

Trump got in because his daughter is hot and America wants to see more of her.

Now Garth needs to be right because I’m still renting 7 years later…

#210 No Difference on 11.09.16 at 7:01 am

“No one ever went broke underestimating the intelligence of the American public.” H.L. Mencken

Let us not forget that this is the same nation that elected George W. Bush not once, but twice.

Let us also remember the role that celebrity / notoriety often plays in U.S. elections.

After all, Arnold Schwarzenegger was governor of California and Jesse Ventura once ruled Minnesota.

#211 I'm stupid on 11.09.16 at 7:01 am

I said it multiple times that he would win. It’s truly a sad day. On another note the Canadian immigration website crashed last night. We should build a wall and have the Americans pay for it and if they complain we should build it 10ft higher. Lol

#212 David McDonald on 11.09.16 at 7:06 am

I am shocked. I was dead wrong about the election along with the majority of voters on the blog poll and even Garth himself.

I said earlier that some of the blog dogs are very knowledgeable and some are nutbars. I should have added some are both. I guess it takes a real contrarian to correctly predict an event like this.

#213 ChickenLittle on 11.09.16 at 7:08 am

Nailed it…Trump wins!

Does this make you part of the elite establishment Garth?

The sky is falling!

ChickenLittle…

#214 Pepito on 11.09.16 at 7:08 am

I did not think this was possible. I underestimated him. I overestimated humanity.- Garth
—————————————————
Stop with your undeserved insults to humanity.

Actually, your error and that of the rest of the elites is that you misunderstood and continue to misunderstand how socio-economics impacts politics. As Venezuela, Brexit, and this election has demonstrated, outside of outright violent action, there is only one way in a democracy to reign in the greed of the elite, investor class: Hit them in the pocket book by electing either a real reformer like Bernie Sanders or a moron like a Chavez or a Trump who will bring the corps and the investor class to their knees. A huge chunk of the voting public, unlike the elites have little to lose and everything to gain.

This will hit every investor in the pocket book and, in turn, the corporations who now run the political machine to their own advantage.

Hopefully folks like you will finally understand what this is all about.

#215 Grey Dog on 11.09.16 at 7:10 am

Absolutely stunned, disappointed, are there really THAT many people that honour this horrible excuse of a man and his frightening rhetoric.

Check out CNN Van Jones comment.

#216 Pico Rascar on 11.09.16 at 7:12 am

NAFTA isn’t going away. It was a Republican/PC idea and the Republicans will protect it. It’s also been a beneficial trade deal for America. Campaign promises are one thing, actually following through is another.

#217 Smoking Man on 11.09.16 at 7:13 am

CNN

Crying News Network. MSM is finished.

Protect the internet from Shlong Zumanga. His Machine will try and shut it down now that it’s evident UCC lives

#218 Harbour on 11.09.16 at 7:24 am

Why are you peons worshiping SM?

Is he the only internet troll on this board that called a Trump win? Sheesh

Well snow birds will have cheaper vacations to Cancun and Mazatlan today.

#219 Harbour on 11.09.16 at 7:26 am

I hope the media buries those stupid meaningless polls for good now.

#220 Chickenlittle on 11.09.16 at 7:27 am

I have to be honest. The Americans got the president they deserve, not the president they need. Neither were good but lets see what heppens now!
As for this being a surprise, dont forget Garth that the majority of people who read your blog are above average earners and would not have voted Trump. He apeals more to the blue collar man, which after reading time and again how “my wife and i have a combined income of six figures, bla bla bla” …..its just not normal!!

#221 Chickenlittle on 11.09.16 at 7:31 am

Heres an example of what i was saying:
“We’re in our late 20s (recently married) with combined salaries of $170,000 (near equally split) and with modest bonuses should hit $200k,” he says”

Conundrum, October 31, 2016

#222 Winston Smith on 11.09.16 at 7:33 am

The Wicked Witch is Dead. https://www.youtube.com/watch?v=SVLHDMdYGDg

#223 Prairieboy43 on 11.09.16 at 7:34 am

Garth do you believe in Martin Armstrong?

https://www.armstrongeconomics.com/international-news/north_america/2016-u-s-presidential-election/the-internet-revolution-won/

PB43

#224 Winston Smith on 11.09.16 at 7:40 am

Donald Trump will audit the Federal Reserve. https://www.youtube.com/watch?v=oOGG7OgjGdU

#225 Incubus on 11.09.16 at 7:42 am

Next step: Marine Le Pen présidente 2017

#226 Harbour on 11.09.16 at 7:43 am

Interest rates are definitely going up now. Trump was pro raise interest rates.

#227 james on 11.09.16 at 7:44 am

Too bad, so sad, smoking idiot.

Once again, your cowardice overwhelmed you.

You lacked the courage of your convictions to take me on, to take my challenge. I would have honoured my pledge and left here forever. But now, I will be here, and pointing out what a fraud and loser you and the other Trumpsuckers are.

Lacking the courage of one’s convictions is not just what makes you so pathetic, it is also what will destroy the Trump presidency. He really does not have a clue what he will do, can do, or how to do it. He will be severely constrained by those in his own party who want to restrain and grandstand against him. And his interests are securely with the 1% who exploit immigrant workers and undermine the middle class, rigging the system against regular folks. That won’t change, fools.

#228 pBrasseur on 11.09.16 at 7:45 am

Yes Garth, you were wrong but hey it’s not like it didn’t happen before!!!

BTW you are also wrong on your evaluation of Trump.

He wasn’t elected by the «deplorables», he was elected by the affluent middle class, people like me who are sick of being ripped off by the government.

#229 Wrk.dover on 11.09.16 at 7:48 am

Garth: sometimes problems take care of themselves.
The outcome of this election is going to be end up being a good outcome, unless you were bristling to carry a rifle in East Ukraine for Wall Street.

I am as surprised as you are, but glad to see that there are no cowards south of the border. They did what they thought they had to do, anyway.

#230 maxx on 11.09.16 at 7:48 am

#2 buggerit on 11.08.16 at 11:04 pm

“No… you overestimated Americans. Much of humanity thought like you and I. The southern “neighbours” had different ideas.”

No…..much of humanity is fed up with a framework that is clearly rigged in favor of those in a position to TAKE, TAKE, TAKE, are beyond determined to use it, and damn the consequences- no matter how much political palaver is devoted to braying about how concerned government is and wanting to support the “middle class”. What a crock. The only reason government does so is, contrary to popular perception, to get those damned viable taxpaying units to be more efficient at pumping and spinning cash. Well, the VTU’s are sick of being fleeced with crap interest rates, crap jobs and crap, deteriorating social services and crap fees, all served up with a never-ending stream of bs. And they have spoken.

Deal with it.

Were either of these candidates Ideal? No, but people have spoken- clearly. They are beyond fed up with working for practically nothing whilst the “Marie Antoinettes” of the world live in a completely privileged utopia. The wealth of humanity’s lifeblood needs to be spread far more equitably.

Finally, I’m not American, but am constantly amazed by the extent and level of cretinous spraying of childish insult stating that Americans are somehow less intelligent than the rest of humanity.
Smug, delusional, self-serving put downs. Non-Americans are no more capable or intelligent than they are and the mistakes they commit are simply just as dumb.

#231 The Technical Analyst (aka A Canadian Abroad) on 11.09.16 at 7:49 am

So, I and 30% of bloggers here predicted Trump’s win. Am I happy? Yes. But not 100%, neither candidate was great. At least America will be great again.

And, I have to toot my own horn, I’m very proud my timing the market and technical analysis worked again 3 for 3 this year (USD/CAD, BREXIT call and now Trump call). It’s a great year and I made quite a lot of money on those calls.

Garth, (et al). There are times when fundamentals DO NOT WORK and you have to rely on technical analysis to see the big picture.

Also, Garth if you would like some constructive criticism, always remember in trading or making a call:

ALWAYS WAIT FOR CONFIRMATION.

Trump, do your best. And those who didn’t vote for Trump, do your best to support your country and your president. Wishing failure on someone will only bring you more misery.

#232 Linda on 11.09.16 at 7:50 am

Welcome to my nightmare. Here is hoping the world can survive Trump as POTUS. One thing I will say about him being elected as president – no one who voted for Trump can say they didn’t know what they were voting for. It isn’t like he concealed how he thought or how he acted from anyone.

#233 Gramps on 11.09.16 at 7:52 am

Status quo
Here is what the status quo has got us.
Less moral conviction.
More wishy-washy tolerances.

Less responsibility.
More cover-yer-ass concerns.

Less focus on results
More focus on the journey.

Less hard work.
More basement dwellers.

Less pastors.
More engineers and lawyers

Less community involvement.
More municipal taxes.

Less common sense
More laws

Less innovation
More herding.

Less responsibility
More victims

Less marriage
More partners

Less discipline
More blame

Care to add?

#234 pewnyt on 11.09.16 at 7:55 am

Garth, don’t be too hard on yourself……predicting the future ain’t easy. One thing is sure, anonymous blogs seem even less accurate at polling than the main stream media…..

Polls do not predict. They reflect the view of participants. Most readers here did not expect a Trump win. — Garth

#235 TurnerNation on 11.09.16 at 7:58 am

Should have bet on the Actor: Ronald Regan, Arnold Schwartzneger, Trump :-(

Hey we got T2. It’s all bread and circuses.
Et tu, Mr. Millionaire Seller?

#236 TurnerNation on 11.09.16 at 8:03 am

Next up: Prime Minister Smoking Man.

Some say in a Leap Year the elites change everything on us. We saw Brexit, gender bending and 1001 new laws passed, Greenwashing/Climate change action, now a divider-in-office. Let the screeching and gender, race warz continue. Divide and conquer.

#237 fancy_pants on 11.09.16 at 8:07 am

#25 Ray Skunk on 11.08.16 at 11:29 pm
+1

#117 stage1dave on 11.09.16 at 12:37 am
+1

And may I suggest to all those looking to flee the USofA, it ain’t greener here in Canada, we are well on our way to accelerating the selling out of our future as fast as you have the last 8 years. Till debt to us part!

#238 paulo on 11.09.16 at 8:07 am

So the great election is done, the trumpster pulled it
and the sky did not fall.

On to some domestic stuff to bitch about: Anybody catch
the news yesterday, Winnie Wynn is considering bringing back Photo Radar to Ontario ala under the guise of providing safety in school zones. Many may remember this blatant tax grab and assault on the driving public from the mid 90’s that was canned due to its unpopularity. Garth how about a good old fashioned on line petition to kill this bs Tax Grab before it starts?

#239 paulo on 11.09.16 at 8:09 am

Oh one other thing “james” guess you better send smoking man a “jug” and kiss and make up!

#240 Kaganovich on 11.09.16 at 8:10 am

Haven’t posted for awhile, but I have tried to visit the site two or three times a week.

This recovery supposedly happening in the USA was largely a statistically ginned up lullaby put on a continuous loop for the top say, 15% of the population. Given their trust in experts and their self-selected inclusion into the ‘smart’ class of spreadsheets, compound interest, and statistical evidence; they believed it verbatim. Thus, no need to pull open the drapes of the palace and look out the window at the little people who pay taxes, let alone open the window and take a smell of what was cooking. Whether the echo chamber will crack open or not is relatively moot at this stage, since the demos doesn’t care and can now plainly see that the emperor is naked. Credibility will be a rare commodity amongst the existing group of liberal, cosmopolitan, wealthy elite. After three or so decades blanket hypocrisy and opening the doors for global capital to ravage the lower economic classes, is it really a mystery as to why no one trusts anything they say?

#241 Shawn on 11.09.16 at 8:13 am

This “unexpected” outcome is having a more significant effect on the bond market then the equity market

#242 Brad Lamb for Prime Minister on 11.09.16 at 8:14 am

After he sees the U.S. results, I can already see the Condo King planning his path to the top.

Lamb’s promises on the campaign trail:
“I’ll build a wall – around Scarborough.”
“No French immigrants until we get this Quebec thing figured out”
“Wynne? Look at her. Look at her. She’s a four in my books.”

And by bringing shredded cheese factories back to New Brunswick he will “Make Canada grate again.”

#243 crowdedelevatorfartz on 11.09.16 at 8:15 am

@#70 gut check
“In this world of 24/7 spin and lies people were starving for real words, real emotion and and end to the nauseating spoonfeeding of PC claptrap that has almost strangled the Western World to death.”
*******************************************

Yep.
There’s a LOT of angry people out there fed up with the politically correct bullshit forced down thier throats at work, at play, everywhere…..
This vote was “the people” screaming in frustration at the “system” that seems to have failed them.

Careful what you wish for people….

The next 4 years will be an ugly, embarrassing ride for the US and the rest of the world.

#244 pewnyt on 11.09.16 at 8:16 am

#147 WUL on 11.09.16 at 1:26 am
Go long Cape Breton real estate!!! NY, VT, ME CT, NJ, RI and DC are emptying.”

Hilarious to think that any Yanks would want to move to Canada because of this, and Cape Breton no less….even the colonial eurotrash master settlers could stay for too long other than as a military outpost.

No jobs, lousy economy terrible weather, overpriced real estate who would go anywhere up there?

#245 Smoking Man on 11.09.16 at 8:17 am

Now let’s see.

Trump will kill the bs climate change Paris tax.
T2 will tax us.

Trump will kill corp taxes bringing millions of jobs to the USA.
T2 will raise them killing jobs

Trump will start up Coal fire electricity reducing costs for business.

T2 and Wynne will be pushing green power scam making crushing Canadian business.

WE ARE DOOMED

Happens every time stupid wide-eyed clueless teachers are given the controls.

#246 maxx on 11.09.16 at 8:19 am

#7 Dude in Ottawa on 11.08.16 at 11:09 pm

…”I look forward watching T2 build a bromance with the Trumpinator…”

Trump is clear on what he thinks of T2- especially as compared to other (closer) people of selfie’s age.
T2 will feel that.

#247 maxx on 11.09.16 at 8:25 am

#25 Ray Skunk on 11.08.16 at 11:29 pm

“RE: Garth’s last paragraph:

I think you underestimated the general hatred and lack of trust of Clinton; a woman who seemed to think it was her divine right to the Presidency…”

And the prestige of being the absolute ultimate power couple…………

#248 crowdedelevatorfartz on 11.09.16 at 8:26 am

So will all the Arab donars to the Clinton Foundation get their money back?

#249 Noel on 11.09.16 at 8:27 am

What a disappointment. Who knows what effect this will have on Canada though. Will NAFTA be torn up? What about our generic prescription drug sales to the US? Softwood lumber? How will US military spending change – more wars or non-intervention?

Interesting to say the least.

#250 TurnerNation on 11.09.16 at 8:28 am

All that which matters: Oil futures green and sales of SM’s book surge. A ticker tape parade on Bay St. Today?

#251 Dups on 11.09.16 at 8:28 am

We all got fooled! We used our brains to calculate the winner! In the case of Trump and his followers, brains did not help! Rednecks do not use their brains to vote, they go with blood pressure. They vote for the candidate who raises their blood pressure high and gets their ihaaa going! By the way did you notice how the Canadian immigration site locked itself out with a “500 error” last night due to the high visiting traffic probably from US?

#252 fancy_pants on 11.09.16 at 8:29 am

The tribe has spoken, Hillary it’s time for you to go.

… snuff

♫ ohohoh eheheh ohohoh eh … ♪

#253 CJBob on 11.09.16 at 8:35 am

I bought USD over the past few weeks when the CAD was .76 as the downside risk was higher it appeared.

Don’t panic and don’t try to time the market is good advice, but so is taking a small percentage of your total and keeping an eye on what is happening. Buying into the U.S. market with this possibility and the market already pretty high didn’t seem wise over the past few months. I’ve got a small amount of cash I’ve been waiting for a buying opportunity – looks like it might a good time later this week.

#254 Marlene from Victoria on 11.09.16 at 8:35 am

Trump fans in Canada shoud be very, very careful what they wish for.

My contacts in the federal government tell me there has been some very interesting contingency planning around this election’s possible outcomes.

In short, Canada will soon open its doors to over 2 million American families over the next decade. These immigrants will be overwhelmingly centre-left, the main reason they will flee.

This demographic shift will turn Canada into a resolutely left of centre, feminist, progressive nation, rivalling the best of the Scandinavian nations, for generations, while the USA plunges into internal strife and neocon lunacy.

And we have the perfect federal leaders to bring this to fruition. Thank you Justin!

The longer term spinoff will be fabulous for our country :)

Bring it on, Donald!

#255 crowdedelevatorfartz on 11.09.16 at 8:37 am

It’ll be interesting watching a self absorbed buffoon with delusions of grandeur go up against a relentless Media juggernaut that he despises almost as much as they despise him.
Oh the media and internet is gonna bite, chew , eat and pick at his bones for years………
Hours of entertainment.

I wonder if that statutory rape charge filed against him will proceed?

http://www.google.ca/url?url=http://heavy.com/news/2016/09/donald-trump-child-rape-sex-assault-federal-lawsuit-next-court-date-october-14-new-york-victim-judge/&rct=j&frm=1&q=&esrc=s&sa=U&ved=0ahUKEwjklffQ5ZvQAhUD9GMKHbbbAvQQFggdMAI&usg=AFQjCNHSbHze1zqQVTMYkkaOhNflXIB4yw

#256 crowdedelevatorfartz on 11.09.16 at 8:46 am

This quote from a trader in Asia….

“the market reaction had been “as though the four horsemen of the apocalypse just rode out of Trump Tower”.

Classic.

#257 Ronaldo on 11.09.16 at 8:50 am

#112 Ronaldo on 10.14.16 at 12:51 am

”So you know what happens on the 9th, right?”

Yep. Trump wins in a landslide victory and I go to the dentist for a crown prep and the world continues to turn.
——————————————————————
So there. And the world will continue to turn and I will be going for a crown prep this morning. All the best to you Mr. Trump. I knew all along you could do it. And my 75 fixed and 25 equity portfolio of August 30th remains unscathed and my 9% return for the year has remains untouched. There may be bargains to look out for in the next few days. Good times ahead for the TSX.

#258 unbalanced on 11.09.16 at 8:53 am

I read here daily but don’t respond much. Brexit, naw ain’t gonna happen. Trump, no way, ain’t gonna happen. Guess what. It Happened. NEVER SAY NEVER !!!!!

#259 Slim on 11.09.16 at 8:55 am

Now there is a closet fascist for president of the most powerful country in the world. Be careful what you wish for!

#260 prairiegopher on 11.09.16 at 8:55 am

Couldn’t be better! Now I’m going to pop some popcorn and watch baby Trudeau..lol.

#261 earthboundmisfit on 11.09.16 at 8:58 am

“Mmm … mm … mm. Gooood crow Aunt Bea. Good crow.”

#262 Mike in Toronto on 11.09.16 at 9:04 am

#1 bdwy sktrn

“people voted against the system and hillary is the system personified.”

Yeah, people voted against Hillary because she was in the pocket of establishment billionaires who don’t give a damn about the little guy, offshore jobs and don’t pay any taxes.

Because Trump supporters don’t read or understand much, I’ll say it more plainly: Trump is an establishment billionare who offshores jobs and doesn’t pay taxes. It’s funny because in voting against the establishment, they voted for somebody who represents the worst kind of establishment.

So no… it’s not an anti-establishment vote. Instead of pay-for-play capitalists corrupting government, Trump bought the whole office.

#263 };-) aka Devil's Advocate aka Devil's Advocate on 11.09.16 at 9:11 am

Why are so many surprised to learn what George Carlin explained long ago; “Your average person is really quite stupid and if you stop and think about it that means that half of them are dumber than that”.

Trump did not win, education failed. We have only ourselves to blame. Our fat assed Kardashian ways are biting us in the ass. This is a reflection of the downward spiral of North American society (Canada included).

#264 n1tro on 11.09.16 at 9:12 am

Garth,

Take it like a professional and concede that you, like the majority bought into what was fed to you. Voters didn’t lie to the pollsters. The pollsters lied with their questionable sampling methods to get a story suitable to their narrative for the people who paid them.

Stop attacking Trump for his flaws (given the alternative) and question why the majority voted for him.

Is it possible the US economy isn’t as rosy as reported in the media or here at this site? Is it possible that the all knowing central bankers’ manipulation has allowed companies to goose their numbers and rewarded only people holding their stocks??

Free trade overall is good for economies but the problem here is that no one was dealing with the net losers of these free trade deals which built up the outcome that you saw last night. 8 years of Bush did nothing but drag the US into 2 wars, 8 years of Obama for being “black” continued the trend. What other choice is there?

Trump will most likely preside over a big correction in the markets given all the goosing done since the “recovery”. If anything, question if the US allocation in your portfolio is balanced against the upcoming risk.

#265 maxx on 11.09.16 at 9:13 am

#87 TRT on 11.09.16 at 12:11 am

“Vancouver port gonna get hit. But we can always increase immigration and sell them houses….right?”

Lions and tigers and bears, oh my!
Sheesh.

#266 Penny Henny on 11.09.16 at 9:13 am

Hillary going to jail, but at least she can still wear her pantsuits.

#267 jane24 on 11.09.16 at 9:21 am

Ok Garth I accept your apology. I told you that it would be Brexit PLUS but you didn’t listen. I worked the Leave campaign in Britain, I recognised the signs.

The silent majority are rising against the elites because thanks to the fact that we are democracies, we can, so why not stick it to them. The next shoe to drop will be the French presidential elections in the Spring.

Off to the bookies to collect my winnings on Trump and put it all on Marine Le Pen of the National Front in France.

Happy days.

#268 rock definitely beats paper on 11.09.16 at 9:22 am

Garth totally missing the positive here. Massive victory for democracy as the elitist propaganda spewing machine is limited in its effort to place a criminal in the oval office. Also, a blow to nepotism. Trump is not ideal, but also not bought.

The borders will not be closed, just a few extra drones.

There will be less war though.

Bonds will not be safe, “Donald is the most bond unfriendly President you could ever dream up. He has a plan to spend a trillion dollars with no increase in tax rates. In fact, he wants to also lower taxes. He has openly talked about renegotiating the debt, and although he now understands this is non-starter, it gives a general sense of his attitude towards bond owners. Donald Trump made his fortune by taking advantage of easy credit and aggressively dealing (screwing) bond holders. He campaigned (and was a large part elected) on a protectionist platform that will be inflationary. I could go on, but you get the drift – Donald Trump is a bond owner’s worst nightmare.”

The stock market will probably close GREEN today. The long bond will get smoked.

#269 Cici on 11.09.16 at 9:26 am

Wrong again…you were actually right! The whole thing was RIGGED, by no other than SMOKING MAN.

That’s what too much JD will do to the entire system. We’re in for a wild ride.

#270 I hate Toronto on 11.09.16 at 9:29 am

President Trump will be magnificent and America will become better than ever. This is a very good day.

Shock and awesome.

#271 LameDuck on 11.09.16 at 9:34 am

What is the big hue and cry about?

American people were fed up of the system that was favoring the elites. They voted against it. Note that the did not vote for Trump. It was a vote against the broken system which Hillary represented.

It will happen here in Canada too in the near future. The politicians take the common mans vote and work for the elite class.

Scandals and looting of the public can’t go on for ever.

#272 Clark17 on 11.09.16 at 9:41 am

Hey Garth,
I was hoping for some advice. What would you recommend to invest in as the market dips as it is right now?

I have a well balanced portfolio and some extra cash. Seems like etf’s and stocks will be on sale for a while.

Thanks for the blog, I have learned a lot!

The market opened flat this morning. No bargains at the moment. — Garth

#273 old fogey.... on 11.09.16 at 9:43 am

so I guess pantsuits are out as a fashion statement….

first Brexit….

then Trump….

what’s next ???

exciting times that’s for sure….

#274 Maure on 11.09.16 at 9:48 am

Garth, perhaps you should move away from your forecasting business and stick to portfolio management.

Do you still think interest rates will rise anytime soon with the economic mess that will result with tampering with NAFTA? Seems like house prices will continue to climb.

#275 Wait four years on 11.09.16 at 9:51 am

what do you think will happen in four years when the American public realizes that the jobs are not comming back, you think they are angry now?wait four years.
Look at Canada it only took a year to be disappointed in T2. Expectations are everything now.
I am worried in four years with a very Angry and disappointed make America strong again.

#276 Ex-Cowtown on 11.09.16 at 9:53 am

First disappointment of the Trump Presidency; I got up early to go bargain shopping for stocks and nothing much happened even though the overnights promised a bloodbath. Bummer.

Now, to Bryan Cranston and all the ‘Muricans that want to move up here. How about you stay home and put all that effort into cleaning up the mess you created down there? We’re happy to have you as TOURISTS in Canada, but please don’t think that we want your intolerant views up here. You screwed up your own country and don’t expect the welcome mat up here.

#277 No landslide on 11.09.16 at 9:57 am

No landslide, people just flipped a coin. smoking man does not really know anything.

#278 CJBob on 11.09.16 at 9:58 am

#187 DON on 11.09.16 at 3:46 am
So it’s official we can no longer trust the media polls or 538.
_______________
538 didn’t have the slam dunk everyone else was predicting. They had it at 71% for Clinton.

https://www.thestar.com/news/world/uselection/2016/11/09/nate-silvers-fivethirtyeight-proves-its-worth-with-another-close-election-prediction.html

#279 Trump not a shock on 11.09.16 at 9:59 am

Anyone with their ear to the ground could of told you so. The descent is high in the US. People are sick of the elite and their free trade lies. Unfortunately trump will do nothing cause the elite would kill him like John Kennedy.

#280 Greg on 11.09.16 at 10:00 am

I find this twitter quote the most amazing thing, more so than the Trump victory?? Are the markets just shell shocked with everything lately and no longer react.

Jonathan Ferro @FerroTV
If I told you Trump would win and the S&P would open unchanged… What would you have told me?
7:32 AM – 9 Nov 2016

#281 Canadian Moose on 11.09.16 at 10:02 am

oh what a hangover I have….well now we have the answer. The GOOG “Great Oracle Orator Garth, was wrong but its not his fault. Blame it on Bandit. Thats what happens when he listens to a dog….Back to deleting bad blog dogs Bandit and stay away from Election forecasting. Okay! lol

But seriously, I woke up this morning and the sun was shining, the dog wouldnt get up to go out and my morning coffee was delicious. The status quo will remain, we will just have more political entertainment at the helm.

Trump is but one individual on this independent train. He needs the House and Senate to work with him if his administration is to succeed at anything. If he tunes out or alienates the Republican community in Washington whilst he is the President he could be the “lamest duck president to ever set foot in the oval office” You can be sure of that.

#282 Capt. Serious on 11.09.16 at 10:06 am

There is an unfortunate outcome of this election. It has now been proven that one can spin the most negative, divisive, and plain factually incorrect platform into an election win in a Western democracy. There will be no reason for either side to be truthful with voters going forward. They will tell them what they want them to hear to a degree never before seen.

The polling got it wrong because they failed to poll among people who hadn’t voted in decades. Those people turned out, and for that Trump must be applauded. He reached his base.

One can only hope he proves more moderate in office than he has been on the campaign trail. One things is certain, he will made a fortune off his new post.

#283 Willy H on 11.09.16 at 10:06 am

Perhaps a Trump Presidency will be the “nail in the coffin” for overvalued residential real estate in Canada.

His rather boorish views on Janet Yellen and his desire to remove her from the Fed combined with a wave of protectionism have the potential to shake up markets.

Perhaps Trump will manage what interest rates, market interference and politicians have been unable to do to Canadian real estate.

#284 bdwy sktrn on 11.09.16 at 10:06 am

nice speech – trump will unite for a bit , then it’s time for the new plan…..

“hillary for prison 2017”

———————

#285 conan on 11.09.16 at 10:07 am

Polls are wrong because they are phoning land lines. It is a physical demographic that is out of touch with reality.

#286 Trump's best friend on 11.09.16 at 10:08 am

Thank you Garth for balanced portfolio. It is only 0.15% down.

The US stock market is down 0.15%. The balanced portfolio has lost nothing. — Garth

#287 Capt. Serious on 11.09.16 at 10:14 am

Trump is not ideal, but also not bought.

Please. If you believe this I’m not sure any comment can reach you. He’s going to be bought by foreign powers who want to influence US policy. He’s going to be bought by corporations that want to influence US policy. He will not mind either. He will see it as his due for being the most excellent Donald. He will tell the public he is doing everything for them whilst lining his own pockets. I’m certain. Remind, this is a man who NEVER previously sought to represent people at any level of government. Why suddenly so interested now? Opportunity. Power.

#288 IHCTD9 on 11.09.16 at 10:16 am

Democrats must have crossed the floor in secret, either that; or all those polls were fabricated BS.

Obama voters last time, Trump voters this time.

Makes sense too, who would want to endure the flogging one would receive after admitting you plan to vote Trump amongst modern lefties?

Much better to tell them what they want to hear until you’re safe in the booth.

#289 soost on 11.09.16 at 10:17 am

GTA real estate commentary is in order.

#290 Looney Baloney on 11.09.16 at 10:19 am

Mr. G, you should post more of these polls, so we know which way to bet. Sorta like the Canadian version of Gartman..

Kudos to you on coming out and eating humble pie right away tho. Takes balls to do that.

#291 Doghouse Dweller on 11.09.16 at 10:22 am

The so-called experts what a pathetic bunch of clowns.
The CBC election coverage was particularly vile.The US networks
kept going on about the uneducated, as if to say “my god ! why do we let these people vote.” One ass hat kept going on about the Russian conspiracy until the bitter end.
1.3 B donor $ going down the drain with the Clinton Inc. ship. No wonder their despondent.This was the election that money could not buy.
Congratulations President Trump ,

#292 IHCTD9 on 11.09.16 at 10:25 am

#272 Wait four years on 11.09.16 at 9:51 am
what do you think will happen in four years when the American public realizes that the jobs are not comming back, you think they are angry now?wait four years.
Look at Canada it only took a year to be disappointed in T2. Expectations are everything now.
I am worried in four years with a very Angry and disappointed make America strong again.
_______________________________________

Trump supporters won’t care if that doesn’t happen. Trump is in to teach the Dems a lesson and start $hit. That’s it. They all know the jobs aren’t coming back. They’ll be elated even if 1/10th of a wall gets built, 16 illegals get sent back, and immigration gets cut by 2.2%.

This is going to be an interesting and informative show coming up – everyone needs to pay close attention – and obviously we now know at this point you need to take all MSM with a big chunk of salt so diversify your media intake.

#293 John on 11.09.16 at 10:31 am

It’s about the economy stupid. Now who said that? Ripped apart middle America wants jobs. Good jobs. They want a better future for their kids. For after all we are all mortal and breathe the same air (JFK). Hillary lost the message and now hopefully will retire and fade fast. The USA just turned inward. I think Canada knows how to work with that USA mindset. Canadians need good jobs too.

#294 45north on 11.09.16 at 10:32 am

Smoking Man called it!
and
Freedom First

can’t believe that Trump took Pennsylvania

IHCTD9: Rule number 1 in prepping for the apocalypse is make sure you have several large, yellow, steel-tracked pieces of heavy equipment available at all times.

Check.

I’m still working on Collapse of Complex Societies:
https://www.youtube.com/watch?v=G0R09YzyuCI&feature=youtu.be

It’s an hour and a half!

#295 John on 11.09.16 at 10:39 am

Wynne has to dump her energy agenda pronto. Ontario will not edge out the competition for manufacturing jobs, should they return, with the energy costs Wynne is pumping. In the meantime, uncertainty might cherry top wild Bill’s housing agenda. But all this may not stop Wynne from taxing the house thing for all she can grab. We’ll see.

#296 Looney Baloney on 11.09.16 at 10:39 am

This demographic shift will turn Canada into a resolutely left of centre, feminist, progressive nation, rivalling the best of the Scandinavian nations, for generations, while the USA plunges into internal strife and neocon lunacy.

Great. More freeloaders coming this way. Our country is where it is despite feminist and other PC BS, not because of it. The US will clean up shop and be back on track by the time President Trump is through. Canada, OTOH, will be chalking up record deficits bending over backwards to satiate all the freeloaders and ‘progressives’.

#297 straight six on 11.09.16 at 10:39 am

ding dong the witch is dead!!
or at least soon to be locked up with the rest of her coven.

FINALLY.. JUSTICE!

#298 The American on 11.09.16 at 10:39 am

At #30: bdwy sktrn, I’m still here. I was wrong. In fact, I’m staying. This nation needs Dems now more than ever.

#299 NoMoreTaxes on 11.09.16 at 10:39 am

…”promotes racial and religious intolerance”

Garth, you either try to fool us or you reading too much CBC. Either way it’s disgusting.

What’s disgusting is separating by their spiritual beliefs. “Donald J. Trump today called for a ban to all Muslims entering the US…” — Garth

#300 The American on 11.09.16 at 10:40 am

Hillary still lwon the popular vote. But as we all know, and as I’ve said, it’s the Delegate count that matters.

#301 EJ on 11.09.16 at 10:41 am

On human nature,

There is a scene, I think from Hannah and Her sisters; something like: “A: All these wars and killings, so hopeless.” B: Actually, knowing human nature, I’m surprised there are not more wars, killing…”

I think we are heading for a dark time with Trump-ist sentiment now becoming policy.

#302 traderJim on 11.09.16 at 10:41 am

After initial panic selloff overnight the market is actually green, I thought it would take at least a few days to recover.

Trump may very well be great for America, and that will not be so great for Canada, in the short term.

I never understood why the US allowed us to build all their cars for them. : )

Not a good sign for Canadian real estate. Even the insufferable, whining Hollywood celebrities won’t keep their word and move up here, thank god.

#303 Deplorable Dude on 11.09.16 at 10:41 am

‘Calling Philladelphia…’

Last night the MSN bias and loyalty towards Clinton was exposed in all it’s sordid glory….

PA reporting at 99% with a 60k lead for Trump…..enough to take him over the magic 270 and become President Elect.

But none of the networks were calling it. If that had been in Clinton’s favour they would have been falling over themselves to call it at 95% reported….let alone wait until 99%.

Finally Accociated Press called it…..but the networks still didn’t fo llow…..UNPRECEDENTED….

None of the networks wanted to be first to declare their worst nightmare…

It was hilarious watching them squirm trying to justify that “every last vote needs to be counted”.

Only when Clinton finally conceded (and didn’t even have courage to do it in front of her waiting fans)…did
The networks call PA.

If I were Trump the first thing I’d do today is call the FBI….”Now about those 650k emails…..”

#304 ShawnG in TO on 11.09.16 at 10:44 am

to all american friends who want to flea Trump government: sorry, refugee applicant for Canada are is full. please try again next year.

am i the only one noticed that Smokey is wrong?

he say Trump win by a landslide . sorry, Trump only won by a thin margin.

#305 VS on 11.09.16 at 10:44 am

so Garth; now you might agree with Mark M. that the FED will not raise rates in Dec. if so, would Poloz cut the rate in December?

#306 Shawn on 11.09.16 at 10:44 am

The bond market is no longer the place it once was. There is currently more risk in the bond market than in the equity market.

#307 Looney Baloney on 11.09.16 at 10:46 am

Let us not forget that this is the same nation that elected George W. Bush not once, but twice.

Ditto for Obozo. Looks like they are finally coming around. Even AA’s hate him.

Let us also remember the role that celebrity / notoriety often plays in U.S. elections.

Didn’t do Shillary no good..

Obozo. Shillary. You sound like a 12-year-old. — Garth

#308 IVoteIndependent on 11.09.16 at 10:46 am

Two terrible days in US history:

9/11 National Disaster

11/9 National Disgrace

#309 John on 11.09.16 at 10:46 am

Shortly the cost of things might reset. Priorities for families might have to be refigured. Ie. If North American stuff costs more due to wages, folks will buy less. No need for walkin closets? Less need for two car garages? Fewer eating out events? Fewer world trips? More savings for old age, as public handouts going forward become less certain. Think long and hard on this. Discuss it.

#310 Joe Schmoe on 11.09.16 at 10:48 am

Interesting election…I work for a US corp…offices in PA/OH/WI/AL/TX/IL/CO/AK/CA. Look at the swings in those states.

I saw Trump coming, but didn’t believe it…seemed too irrational. He’s just too coarse and mean.

Smart educated people made the leap to Trump too.

Dems were too progressive too soon…and China’s presence is impacting Americans much more than Russia.

Dems took a dated approach to policy and suffered.

I also think that the “Special Snowflake” impact is running it’s course through western politics. People will knee jerk if they don’t get their entitled due.

#311 WalMark of sadkatoon on 11.09.16 at 10:48 am

he say Trump win by a landslide . sorry, Trump only won by a thin margin.

Trump leading the GOP to take the Presidency, House, Senate, and Supreme Court is a LANDSLIDE

#312 IHCTD9 on 11.09.16 at 10:49 am

#252 crowdedelevatorfartz on 11.09.16 at 8:37 am
It’ll be interesting watching a self absorbed buffoon with delusions of grandeur go up against a relentless Media juggernaut that he despises almost as much as they despise him.
Oh the media and internet is gonna bite, chew , eat and pick at his bones for years………
Hours of entertainment.
___________________

Just in case you may have missed it – Trump is media proof, in fact he probably ENJOYS firing back at the insults hurled at him – and his (big) voting base (obviously) LOVES it.

If the left media in the US had not so relentlessly ripped at Trump, I am convinced he would not have been so popular. All that ripping just kept reinforcing exactly what Trump was saying about the MSM.

The Left MSM the world over gave Trump more legitimacy than any other single entity.

#313 Peter Pan on 11.09.16 at 10:50 am

The outcome reveals contempt for the ruling class and an an indictment of the state of politics in the United States.

#314 Looney Baloney on 11.09.16 at 10:52 am

What’s disgusting is separating people by their spiritual beliefs. “Donald J. Trump today called for a ban to all Muslims entering the US…” — Garth

What’s disgusting about that? America was founded on Christian principles. The vast majority of Citizens are Christians. Why should they not want to keep it that way? We sure don’t see Muslims rushing to open churches in the Arab countries. Or the Hindus and Buddhists in Asia. Why should only Christians bend over?

Discrimination based on religious belief runs counter to all America stands for. Or used to. — Garth

#315 Barb on 11.09.16 at 10:53 am

Forget the Arab Spring.

We’re witnessing the American Spring.
God help us all.

#316 Numb on 11.09.16 at 10:54 am

There are no words. Today is a sad day for humanity. As a women I am distraught, angry, sad and fearful. I have fought every day for my career and have risen to the top of a global organization. I sit many days in rooms full of only men who have benefitted from their gender and the “old boys club”, but haven’t resented it because I felt that there continued to be positive change and momentum for women in corporations and society. We are not there yet, but I have mostly felt respected for my contributions, my intelligence and savvy. Today I feel like I hit a brick wall. Donald Trump is a disgrace to humanity and everything I stand for. I now realize that I have been naïve in my faith in what I believed was possible for equality not only for women but all those visible minority groups feared by the white man. It is shocking, I will be forever changed by these realizations and this comment section gives me no hope.

#317 IHCTD9 on 11.09.16 at 10:55 am

#291 45north on 11.09.16 at 10:32 am
Smoking Man called it!
and
Freedom First

can’t believe that Trump took Pennsylvania

IHCTD9: Rule number 1 in prepping for the apocalypse is make sure you have several large, yellow, steel-tracked pieces of heavy equipment available at all times.

Check.

I’m still working on Collapse of Complex Societies:
https://www.youtube.com/watch?v=G0R09YzyuCI&feature=youtu.be

It’s an hour and a half!
_______________________________

lol! Yes it is long, but interesting. It’s very plausible IMHO.

#318 NoMoreTaxes on 11.09.16 at 10:57 am

…”promotes racial and religious intolerance”

Garth, you either try to fool us or you reading too much CBC. Either way it’s disgusting.

What’s disgusting is separating by their spiritual beliefs. “Donald J. Trump today called for a ban to all Muslims entering the US…” — Garth

Now you confirm yourself you good at reading/posting “selective news”. CBC should be proud of you. This is full statement from December 2015 : ““Donald J. Trump is calling for a total and complete shutdown of Muslims entering the United States until our country’s representatives can figure out what is going on,” his campaign says in a release.”

Yup. That is religious profiling. It’s disgusting. — Garth

#319 Eks dee Sipal on 11.09.16 at 11:14 am

today i sense there is a disturbance in the force. and i don’t mean trump/ron masak vlasik pickle guy/hilary cousin or sibling half-sibling (just look at her brothers and tell me you don’t see a resemblance).

we are winning this war. another election that will change nothing. a few remaining people still out there who believe everything the tv and radio tells them. FYI- the media is simply selling you products. the ‘news’ is just fake filler. garth should know this, having worked for the media and been in politics. leaders are figureheads, actors, literally. prepare yourselves for more surprises. csis/cia/the royals/financial parasite class will likely be soon plugging their own stocks maybe via war or fake terrorism or such nonsense. the war is for your mind – XD

#320 Republic_of_Western_Canada on 11.09.16 at 11:15 am

DELETED

#321 Ex-Cowtown on 11.09.16 at 11:16 am

Something that all the MSM and elites are still missing is that they all got punked by Trump. Trump created a character and a narrative that choked out others voices in the media. He knew he had no $$$ compared to Hillary’s multi BILLION $$$ fund, so he had no choice but to create an offensive and obnoxious presence that the MSM would happily lap up, and use the MSM’s inherent intolerance and arrogance against itself.

Did Trump the Character get away on him a couple of times? Oh yeah, he’d had conjured greased lightning in a bottle and sometimes it slipped out, but he knew that holding the nations attention was the only path.

Now? Time to create another character; Trump the President. Will he succeed? Who knows but everyone who underestimated him so far has been wrong.

#322 zee on 11.09.16 at 11:18 am

Hey Garth

Was hoping to pick up some deals today but markets are all up. What does this mean?

#323 kc on 11.09.16 at 11:20 am

Vote for Trump… or was it more of a vote against Clinton?

I never counted Trump out of this race, because I feel that more of the US population is just fed up with the way it is and want real change. They had elected a president years ago that ran a campaign on CHANGE… nothing happened.

I can’t see Trump doing anything drastic with trade barriers, he isn’t a stupid person knowing that tariffs do not help in the long run.

I believe that the US political system needed a real shake up, this is what Trump has done and woke up the American population.

Time to rebuild….

#324 IHCTD9 on 11.09.16 at 11:20 am

#313 Numb on 11.09.16 at 10:54 am
There are no words. Today is a sad day for humanity. As a women I am distraught, angry, sad and fearful. I have fought every day for my career and have risen to the top of a global organization. I sit many days in rooms full of only men who have benefitted from their gender and the “old boys club”, but haven’t resented it because I felt that there continued to be positive change and momentum for women in corporations and society. We are not there yet, but I have mostly felt respected for my contributions, my intelligence and savvy. Today I feel like I hit a brick wall. Donald Trump is a disgrace to humanity and everything I stand for. I now realize that I have been naïve in my faith in what I believed was possible for equality not only for women but all those visible minority groups feared by the white man. It is shocking, I will be forever changed by these realizations and this comment section gives me no hope.
___________________________________

Riiight. Looks like there was plenty of words. I sure hope you are an American.

Here’s a hot tip: You live in a democracy. Your hopes and dreams mean jack. What you believe in means jack. What you stand for means jack. If what you think is great turns out to really piss-off the majority of your countrymen (see what I did there?), then your hopes and dreams get booted to the curb. It must have been a long time since this has happened to you – welcome.

If you don’t like democracy and prefer to have your agenda backed by your government 100% forever – perhaps you should move to some matriarchal dictatorship.

#325 Ontario's Left Coast on 11.09.16 at 11:21 am

#224 james on 11.09.16 at 7:44 am
Too bad, so sad, smoking idiot.

Whoa dude, you’ve got some serious rage issues… In the spirit of your challenge you should just go away, hopefully sooner than later – you’re only embarrassing yourself at this point.

#326 AB Boxster on 11.09.16 at 11:21 am

Surfed all the major channels last night.
CBS, ABC, NBC, PBS and (God forbid) CBC.

Much soul searching from the American media outlets, much of it about how they over-hyped Clinton and especially how they missed the pulse of the electorate.
Some interesting self examination was going on, notwithstanding the one guy who just blamed Russia for everything.

CBC was a pathetic joke.
David Frum had some interesting commentary as the vote progressed and Keith Boag was good as normal.

The other two women (one was Ashley Banfield and the other, a black ultra left winger) were awful.

Frum made comments on the black voter turnout and how they did not support Clinton as they did Obama, and the black CBC panelist immediately talks about voter suppression on the states. She also brought up the ‘Trump is Hitler’ theme, which Frum gently but firmly debunked.

CBC was the last to call the election for Trump and even when it was clear that with the remaining states only having 5% votes left to count, the two women commentators made absurd comments that Clinton could ‘still win’ and that she still ‘had a good chance’ and that they should not give in to Trump yet.

Frankly, it was astounding that a national news organization would allow such openly partisan commentators as the two women were.

It was actually quite satisfying to watch them whine and see their disbelief in the fact that their worst nightmare (the election of Trump) was actually coming to fruition.

David Frum must have thought he was living his worst nightmare.

Mansbridge of course was horrendous, giving as much time to the intelligent and insightful Frum, as he did to the two wingnuts on either side of him.

Truly embarrassing.

#327 traderJim on 11.09.16 at 11:22 am

I find it very interesting that so many people disappointed that Trump won are suggesting that there is something wrong with people, that everyone who supports Trump must be an inhuman racist, misogynist, war monger who can’t wait to start dropping bombs on everyone.

If you really believe that I think you might be projecting, and are in need of some serious introspection.

Or else, you just believe the nonsense fed to you by mainstream media and your biased party.

Also calls for some thought on your part.

Hillary was not rejected because of her gender. To believe that shows an almost ridiculous level of being out of touch.

I suppose these same people also believed all the bs statistics that the Obama admin spouted to ‘prove’ that the economy was doing fabulously.

Denial of reality does not usually end well.

More people actually voted for Clinton than Trump. — Garth

#328 Doug in London on 11.09.16 at 11:23 am

The US stock market is down 0.15%. So where’s this “big drop” I’ve been hearing about? I have some lowball buy offers in my account and NOT ONE was accepted. I was hoping some good deals, probably the only good thing to come out of this election result, would come along but no such luck.

#329 NoMoreTaxes on 11.09.16 at 11:27 am

…”promotes racial and religious intolerance”

Garth, you either try to fool us or you reading too much CBC. Either way it’s disgusting.

What’s disgusting is separating by their spiritual beliefs. “Donald J. Trump today called for a ban to all Muslims entering the US…” — Garth

Now you confirm yourself you good at reading/posting “selective news”. CBC should be proud of you. This is full statement from December 2015 : ““Donald J. Trump is calling for a total and complete shutdown of Muslims entering the United States until our country’s representatives can figure out what is going on,” his campaign says in a release.”

Yup. That is religious profiling. It’s disgusting. — Garth

Do I have to remind that statement was made right after San Bernardino, California killing of innocent people ? Or, was it “workplace violence” as Police initially tried to portray it ?

Irrelevant. Dividing people by faith is never justified. It’s about as anti-American as one can get. Take your blinders off. — Garth

#330 nubbers on 11.09.16 at 11:30 am

So, the highest job in the US has just been filled by a 70 year old with no previous relevant experience, and who has severe character flaws and pending court cases for fraud and statutory rape.

On the positive side, I guess I can use this for inspiration whenever I am looking for work.

#331 dontcallmeshirley on 11.09.16 at 11:31 am

“I overestimated humanity”

Wow…how’s the air up on that high horse?

Refreshing. — Garth

#332 common sense on 11.09.16 at 11:32 am

Life……

Imagine if Joe Biden had run for the Democrats….

#333 Doug in London on 11.09.16 at 11:33 am

@Marlene from Victoria, post #251:
They’re probably also highly educated people, with many skills to offer. They may be just what we need to create wealth, fill jobs that are hard to fill because of skills shortages, and move this country forward to prosperity. That’s even if most of the goods and services we sell are to Europe and Asia rather than the soon to be over protectionist United States. Interesting times we live in.

#334 Arfmooocat on 11.09.16 at 11:37 am

The market opened flat this morning. No bargains at the moment. — Garth
………………………………………………………………………

Markets are flying now

http://finance.yahoo.com/

#335 VICTORIA TEA PARTY on 11.09.16 at 11:42 am

THE “LEAN-IN” GUYS WIN IT…LOCK, STOCK AND BARREL.

“Lean in” is a term coined in the wake of the now-concluded US elections.

During the campaign, many American Trump supporters, afraid to say so out in the open, would “lean in” to a friend or colleague and whisper that they were “for Trump.”

Those folks, four in ten American voters last night, were described as angry white men. But they provided the horsepower for the Trumpsters. And the “Big League Guy” won fair and square.

Hillary, like the Obamas and Bushes, are now consigned to the history books, as are the four former American dynastic families: The Adams; Harrisons; Roosevelts; Bushes. Each of those families held sway over America for two consecutive presidential terms, and not one term more.

What’ll happen to Hillary Inc. and her foundation and hangers-on and all of the grift and theft and threats and so on? What will happen to the Democratic Party? Who cares! They are more than yesterday’s story. Thank God!

So, the Trumps become the new and next dynastic American family: two terms for Trump, two terms for Donald Junior and two terms for Ivanka? A stretch? We’ll find out when we get there.

Best now to do some sitting on the sidelines for a while, all of us colonist forelock-tuggers, as we welcome our new boss into the Oval Office. Mr. Trump’s impact on our Selfie Prime Minister will be beyond huge. Nafta changes? A new energy corridor? Border controls? Mr. T. You’ll be earning your daily bread “Big League!” Brace for it.

As for the rest of us we thank your lucky stars we’re all suited up with plenty of preferred shares of Canadian banks and industrials (well, we are, aren’t we?). Mine are still getting over last night’s futures ruckus.

But it’ll be all good.

Right?

#336 TRT on 11.09.16 at 11:42 am

Democracy works. Let’s all try not to be sore losers.

Here’s what’s going to happen going forward that affects Canada:

1) NAFTA will have to be renogotitaed. The rust belt and closeby states of Wisconsin, Michigan, Penn, Ohio, Indiana, etc gave Trump a mandate.

2) Immigration will have to be reformed, just like how Britain is going to cut theirs to 1/6th the per capita level of Canada. Maybe T2 will accept 11 million illegals as Canada is waiving visa requirements for Mexicans starting in a few weeks?

What does Trudeau have to do?

A) Stop relying on the immigration economy to boost Canada.
B) Quit signing reckless free trade deals.
C) Prepare for a restless electorate in the next few years.

Like I said, the greed of the 1% led to the results of last nite. Expect more.

#337 TRT on 11.09.16 at 11:46 am

And one more thing Trump will do:

Break up the media conglomerates. The bias in MSM is a national security threat.

#338 Lulu on 11.09.16 at 11:55 am

OMG!!! The Biggest black swan was here!!! Holy Molly!

I’m stocking up water and canned food for sure from now on, I just can’t believe what I saw last night on TV. Time to slit my mattress and pile up some cash for emergency.

God Bless America!!!

#339 Deplorable Dude on 11.09.16 at 11:58 am

‘Calling Philladelphia…’

Last night the MSN bias and loyalty towards Clinton was exposed in all it’s sordid glory….

PA reporrting at 99% with a 60k lead for Trump…..enough to take him over the magic 270 and become President Elect.

But none of the networks were calling it. If that had been in Clinton’s favour they would have been falling over themselves to call it at 95% reported….let alone wait until 99%.

Finally Accociated Press called it…..but the networks still didn’t follow…..UNPRECEDENTED….

None of the networks wanted to be first to declare their worst nightmare…

It was hilarious watching them squirm trying to justify that “every last vote needs to be counted”.

Only when Clinton finally conceded (and didn’t even have courage to do it in front of her waiting fans)…did
The networks call PA.

If I were Trump the first thing I’d do today is call the FBI….”Now about those 650k emails…..”

#340 NoMoreTaxes on 11.09.16 at 11:58 am

#334 TRT on 11.09.16 at 11:46 am

And one more thing Trump will do:
Break up the media conglomerates. The bias in MSM is a national security threat.
——————————————

And if he does just that, he will be remembered as one of the greatest POTUS in history.

#341 Ronaldo on 11.09.16 at 11:59 am

#187 DON on 11.09.16 at 3:46 am

So it’s official we can no longer trust the media polls or 538.
—————————————————————-

You didn’t just realize this did you Don? Polls have been forever wrong and the media is bought and paid for.

#342 bdwy sktrn on 11.09.16 at 12:00 pm

tesla to be crushed without govt cash

short this to 50. easiest money ever.

#343 traderJim on 11.09.16 at 12:00 pm

Clinton won 47.7% vs Trump’s 47.5% of the popular vote. Okay, soooo?

Over 59 million people voted for Trump.

I just don’t get what the people who are ‘ashamed of humanity’ are implying.

Are you saying 59 million people have something wrong with them?

I continue to suggest you might want to check your assumptions.

My personal view of the 59 million that voted for Hillary is that some desperately wanted to see a female President, some are the inevitable result of left wing indoctrination at University (nothing inhuman, just misguided), and some are susceptible to the psy ops played that painted Trump as dangerous and dark.

Some even voted Dem because they always have.

And of course, some just couldn’t stand Trump’s mannerisms, his brashness, his unfiltered often ridiculous statements.

But if Hillary had won and I was a Trump supporter I wouldn’t say that I underestimated humanity.

There appears to be a big difference between how Hillary supporters view humanity and how Trump supporters view humanity.

Are you not surprised that Trump supporters are the optimistic, positive ones?

#344 Iconoclast on 11.09.16 at 12:00 pm

T2 will be grinning for selfies with Trump very soon.
Watch for him to be the first visit to Washington.

#345 Arfmooocat on 11.09.16 at 12:01 pm

Over a 1000 point DOW swing in less then 12 hours… now that’s what I call some volatility.

#346 Briana on 11.09.16 at 12:06 pm

Garth,

What does this US election result mean for the Canadian economy, especially Ontario? What about YYZ housing? Ontario industry? Canadian dollar? Oil? Gold? US Fed rate decisions? Bond markets? I suppose you are revamping your forecasts.

This might give a boost to YYZ real estate from foreign/US investment. The Cda/Ont government needs to make the 15% tax country-wide. Housing needs to be more affordable for young families and millennials, hard working Canadians need to be able to buy property in their homeland, not foreigners who only buy for investment and profit or rent thru Airbnb!! Support Canadian owned!!!!

Since YVR implemented 15% FT the government has been allocating that money into social programs instead of raising overall taxes. Hmmm. Maybe something the rest of the country should learn……take a hint Wynne or get voted out very soon!! She should actually resign after the latest scandal….

T2 will be gone too, he is giving our country away to foreigners for their profit and nothing affordable left for the next generation. It’s a shame. Promote from within. Let foreigners invest in our society and contribute to economic growth rather than profiting off the misfortune of others.

We have a terrible system that must be revamped. No affordable daycare. I had to put myself through university and take mega student loans, and strive for career progression in order to pay off loans and delay having children until it might not be possible and pay for IVF/freezing eggs and then I have to pay full daycare costs(like a mortgage payment each month) or one parent has to stay home. This society is ludicrous. It makes sense not to work or have a minimum wage job and live off the government coffers and hard working tax paying citizens and have a bunch of children and get all the benefits. Subsidized/social housing, subsidized daycare, child benefits, and the list goes on……pure nonsense!

Who cares about being a hard working citizen that contributes to society. It gets you nowhere in this awful system of ours!! Take note T2 and Wynne.

Everyone is saying foreign investment is such a small percentage in the YYZ housing market. If that is the case than why not implement the 15% tax, it won’t make a difference!! Unfortunately, our liberal government is corrupt and someone is obviously paying them off. This started with McGuinty and now Wynne :-(

Where are you Kevin O’Leary?? We need you to shake things up like Trump and make Canada great again! Forget these darn politicians who have no business sense or gauge for real issues in society and how to resolve without completely messing up so many industries and social programs (that they do not understand). There is absolutely no benefit for the hard working and citizens who actually contribute to society.

#347 dontcallmeshirley on 11.09.16 at 12:07 pm

Markets aren’t going to “gyrate”.

A Trump presidency is pro-economy. He has virtually no social agenda, his entire foreign policy could be sketched on the back of a medium sized post it note.

He will focus on the economy, remove the other noise (and it’s cost), and America will advance.

#348 my house is my friend on 11.09.16 at 12:09 pm

crowdedelevatorfartz
I think you sh#t your pants

#349 Iconoclast on 11.09.16 at 12:10 pm

#251 Marlene from Victoria

I think there will be people relocating Canada over this.
Many people. Dozens, possibly. Dozens.

#350 Bark on 11.09.16 at 12:10 pm

…and the Dow is up nearly 1% so far today

#351 DON on 11.09.16 at 12:12 pm

#282 conan on 11.09.16 at 10:07 am

Polls are wrong because they are phoning land lines. It is a physical demographic that is out of touch with reality.
*********************

Interesting story: Yesterday I was polled to see if I had a landline or cell phone for my home phone. It was taking too long for automated attendant so I hung up. Perhaps if they used a real person i would have answered, but like Garth said I would have told them the opposite.

#352 Love My Kia on 11.09.16 at 12:13 pm

Polls are designed for favorable results by the people who hire the pollsters.

If you want accuracy in your predictions, ignore polls, Bay Streeters, the Fed and listen to the average person instead. That way you will get a realistic view of what is happening with the masses. The elites are out of touch obviously.

The poll conducted here was with Canadians which was the flaw. The US culture is something different all together as we all found out last night.

#353 Q2 Class 2-B-C-2 Duplex Drive on 11.09.16 at 12:15 pm

‘ I overestimated humanity.’

Well, excuse me.

#354 Whinepegger on 11.09.16 at 12:16 pm

T2 and Trump have at least one thing in common. T2 swore election reform was in the cards if elected, as Trump railed against a ‘rigged system’. Now that they’re in power the tune changes. The ‘rigged system’ put Trump in power. Hillary won the popular vote. The irony on both sides of the border is palpable.

#355 Penny Henny on 11.09.16 at 12:19 pm

Smith and Wesson stock down 13% today.
https://www.google.ca/webhp?source=search_app&gfe_rd=cr&ei=L1ojWJzSGYON8QfMrIH4DQ#q=smith+and+wesson+stock+price

#356 doug t on 11.09.16 at 12:20 pm

next up – the collapse of the european union – bring it on

RATM

#357 Dark Matter on 11.09.16 at 12:22 pm

The markets have not sold off as badly as I expected.Globally,however, this is an economic inflection point. Protectionist European parties may now be encouraged to do their own form of ” Brexit” ..France & Italy maybe. An un-united European front against Russia may encourage Putin,and Trump has indicated he doesn’t care.But a bigger issue about Trump ,I believe,is his denial of Climate Change, and the repercussions of this spreading through more global protectionist governments.

#358 DON on 11.09.16 at 12:23 pm

Can we address the CHMC housing starts.

One TO poster said this will crunch the housing market and push prices higher. And Devil A jumped in and said the same adding was due to high building costs.

Weird logic to say the least as high building costs are reflective of strong demand. Contractor and building material prices can also revert to the mean – depending on demand.

No wonder Trump one, it seems that analytical thought is out the door these days. I take it that’s what happens when people think they are financial rock stars buying houses when the prices only increase. Ouch! I see it at work as well, those who are equity rick are rock in their own minds and project it in the work environment.

CBC is no longer watchable – they were so wrong.

To Hilliay…”Your fired”.

A drastic drop is reflective of demand slowing down for new construction (not good sign). Those people entering the market now (first time buyers) have to qualify at higher rates. But the twist in logic is quite telling.

#359 TurnerNation on 11.09.16 at 12:23 pm

What’s that saying the best day of boat or blog ownership is the date you buy it; second best day is the one when it’s sold :)

Toronto home prices might get boost from USA’s enraged lefties drowning their sorrows in a bottle of turpitude.

#360 Love My Kia on 11.09.16 at 12:25 pm

Why is Smoking Man not banned here?

I was appalled at the amount of deletions and slip throughs that passed the censors to see his awful behavior last night.

A more anonymous person would have been permanently removed much sooner by you.

Given his penchant with alcohol and boasting that in his words, ‘I’m not going anywhere’ unfortunately makes you an enabler Garth.

You will take offense at that statement but it doesn’t make it any less true. I’ve been married to an alcoholic and have learned hard lessons. Allowing him to continue to post lowers the quality of your blog and wonderful writing. Last night this blog was pathetic in more ways than one.

Unfortunately you will not post this, that I am certain and it will continue. You will make snide remarks making the situation sadder than it is.

#361 Love My Kia on 11.09.16 at 12:27 pm

You underestimated the blog dogs with ridicule Garth.

#362 rock definitely beats paper on 11.09.16 at 12:32 pm

“Or in the case of politics, pollsters that voters enjoy lying to.”

Right, its the voters that lie, never the pollsters.

#363 Smoking Man on 11.09.16 at 12:35 pm

#274 No landslide on 11.09.16 at 9:57 am
No landslide, people just flipped a coin. smoking man does not really know anything.
…..

Obviously you never watched the x files.

#364 Ronaldo on 11.09.16 at 12:36 pm

#320 KC

”I believe that the US political system needed a real shake up, this is what Trump has done and woke up the American population.

Time to rebuild….”
————————————————————

Right on.

#365 VICTORIA TEA PARTY on 11.09.16 at 12:42 pm

#251 Marlene in Victoria

Really? Two hundred thousand “progressive” Yanks coming here as refugees for each of the next ten years?

What do they have to do to “prove” their authenticity: sing “I Love Hillary and Bill songs?” Have proof of donating to the Clinton Foundation of graft and theft? Pray tell, what will be the immigration qualifications that will put them ahead of the more deserving Mideast refugees?

ALSO

What will they do when they get here? How will the rest of us deplorable and other assorted peasants carry their water until they get “settled” in?

You’ve been living in Victoria for far, far too long.

This city’s langorous ambience has a habit of turning way too many “normal” people into left-wing wannabe grifters demanding more than their fair share of government largesse (welfare and grants), instead of actually trying to imrove the local, and increasingly costly, economy now featuring 386 square foot condos and apartments: closets with bathrooms attached.

Hope you’re wrong Marlene.

As for the future of the US. Indeed you’re right that the American Empire, from whence you derive all the things that you have ever held dear (excepting family and friends) is in huge trouble.

Too many guns. Not enough butter.

#366 straight six on 11.09.16 at 12:44 pm

re I found it impossible to believe tens of millions of people would fall for political policies articulated in tweets and hastags, from a guy who brags about not paying taxes, admits to being a groper and promotes racial and religious intolerance. Trump has made outsiders feel like insiders because he legitimizes human prejudice and mainstreams bigotry.

hear! hear!

but here’s the bottom line ..
https://youtu.be/-9F-z2aGj34

#367 Ace Goodheart on 11.09.16 at 12:48 pm

#311 Looney Baloney:

“What’s disgusting about that? America was founded on Christian principles. The vast majority of Citizens are Christians. Why should they not want to keep it that way? We sure don’t see Muslims rushing to open churches in the Arab countries. Or the Hindus and Buddhists in Asia. Why should only Christians bend over?”

No it actually wasn’t. The make up of the country’s political landscape itself is based on Greek principles mostly. There is really nothing about the US government and political set up that has anything to do with “Christian Principles” (whatever that is).

It is even harder to figure out what “Christian Principles” actually are. The book that they rely on was written by people who lived hundreds of years after the death of their “Christ” figure (who may or may not have actually existed). It is more of an allegory than a historical record and the Christian “Christ” myth draws directly on earlier such myths, taking from them almost exactly. Anyone who has a look into it usually comes to the conclusion that likely no such person existed and the “Christian” religion is actually an ancient political set up which used a set of pre existing allegorical events to “govern” a primitive group of people, most of whom could not read or write and who understood things based on pictorial representation and oral presentation.

So no, the USA is not set up on “Christian” principles. It is set up to mirror Greek political principles and has nothing to do with the “Christ myth” allegorical system.

#368 Johnny Boy on 11.09.16 at 12:54 pm

Well it was close to the end, had to stay up until 3 AM to see the big bellowing buffoon take the stage for his win. The interesting this was that last night the markets tanked until word came in that Hillery phoned to congratulate Orange Man for his win. If you saw his speech last night though it was like a different person had taken control of the big orange goof ball. Donald Trump actually spoke like a normal person. That speech is what calmed down the overseas markets. However if he keeps his word on all of those crazy commitments the USA is done! By the way he still has to deal with Trump University, multiple law suits and the fact that he has alienated half of the USA. Lets see how deep this guy can dig a grave for America. Can he create more jobs than the previous administration? Here is the facts.
http://www.statisticbrain.com/jobs-created-during-each-presidency-term/
https://ca.yahoo.com/finance/news/what-could-prevent-donald-trumps-recession-064927716.html

Oh and for Smoking Turd you were right, you flipped the coin it was after all a 50/50 chance. Now that your permanently unemployable in the USA don’t worry my corporation is always looking for writers in the bathroom stalls.

#369 Pre-Retiree on 11.09.16 at 12:55 pm

People voted for change. Obviously, this blog is not visited by people who feels the world is passing them by, and who want to blame the “others” on their misfortune.
Anyhow, Jay Leno summed it best: “If God had wanted us to vote, he would have given us candidates.”

OK, can we go be to real estate now? Seriously thinking about crystallizing our real estate paper gains. I have almost convinced my hubby. Will probably test the market shortly. Hilliard Macbeth wrote a book about housing crash, very similar to Garth. Interestingly, he is also a portfolio manager.

#370 For those about to flop... on 11.09.16 at 1:00 pm

Barb #312
Forget the Arab Spring.

We’re witnessing the American Spring.
God help us all.

//////////////////////////////////

You sure it’s not the American Fall…

M42BC

#371 NEVER GIVE UP on 11.09.16 at 1:03 pm

#357 Love My Kia on 11.09.16 at 12:25 pm
Why is Smoking Man not banned here?
———————————————————
Smoking Man is 40% of the reason I read this blog!
Gartho is 60% of course!

Smoking Man we are all in awe!…. How could you have known?

#372 Confused on 11.09.16 at 1:18 pm

I am so confused with markets today. Does anybody understand why they are up?
I expected crash…

#373 Cone of Silence on 11.09.16 at 1:28 pm

I have been reading your blog for quite a while now. The comments section today hit a new low. The first sentence of today’s post was “I was wrong”. What followed in the comments section was essentially 1. That’s because you are stupid unlike me (“You fell for the mainstream media propaganda hook, line and sinker!”), 2. I tried to tell you (“Sorry Garth but we your beloved bloggers have been telling you this outcome for months”). 3. You think we are stupid (“People are not stupid Garth, it’s sad you believe that”). 4. You have been wrong before (“Yes Garth, you were wrong but hey it’s not like it didn’t happen before!!!”). 5. You disgust me (“Garth, you either try to fool us or you reading too much CBC. Either way it’s disgusting.”.

Everyone who “knew” Trump would win … where did you get this information from? You are really that good at reading the election? Better than just about everyone else?! Paid professionals? Wanting someone to win is a lot different than knowing someone will win.

Lastly, you do know that this is a financial blog right? The election was being covered as it relates to the markets. Why are you even reading and commenting on a blog that is written (according to you) by someone you feel is insulting you? Why waste your time? Do you not have anything better to do?

#374 NEVER GIVE UP on 11.09.16 at 1:32 pm

Trump has already shown some comforting signs he is just like every other BSing politician.

Last night he was conciliatory towards Hillary, not chanting “Lock Her Up”.

He spoke like a civilized human being for once! This shows that the campaign was all an act.

I think we can take comfort that he was lying all along just like all our politicians.

Now I can rest in comfort knowing all will be well!

#375 Looney Baloney on 11.09.16 at 1:36 pm

There are no words. Today is a sad day for humanity. As a women I am distraught, angry, sad and fearful. … I will be forever changed by these realizations and this comment section gives me no hope.

Stop pretending you are a victim. There is no “Old Boyz club” or the patriarchy or some giant conspiracy to keep women down.

Success isn’t something that is doled out like welfare. If you want to be successful, you have to contribute something of value first. Don’t like the way men run your company? Start your own company. Feel you are being discriminated against by men at work? Go work somewhere else where women run the show. Or do your own thing. Quit blaming others for your failures. This is a free country. You already have every tool you need to succeed at your disposal. Quit whining and get to work. Or go live in the third world for some time to gain some perspective on how good you have it here. I know, I immigrated from one.

Truth is, society values women more than men. Eggs are rare, sperm is plentiful. It’s simple biology. Equality is a lie. The government’s job is to guarantee equal opportunity, not equal outcome. There is nothing Trump (or anyone else) can do to stop you from being successful. If you really want to that is.

Quit listening to the cat ladies. They are twisting your views and profiting at your expense. There is no wage gap, simply an earnings gap as men work more hours. In fact, men pick up a disproportionate share of the societal tab for most of the social benefits women receive, as they pay a lot more in taxes.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2375926

But hey, don’t let facts get in the way of your feelz. Lot easier to play the victim and blame someone else, right? Gawd our education system has fcked the minds our young.
https://i.imgflip.com/s3h38.jpg

#376 Millennial_86 on 11.09.16 at 1:38 pm

The people who voted Trump in are:
white, uneducated, rural, and lower middle class.
And there’s a lot of them.

http://www.bloomberg.com/politics/graphics/2016-how-trump-won/

#377 Victor V on 11.09.16 at 1:41 pm

Dow up almost 200 points. So much for predictions of a market bloodbath today. But…brace for volatility folks.

https://finance.yahoo.com/quote/%5EDJI?p=^DJI

#378 Context on 11.09.16 at 1:48 pm

#313 Numb: – Perhaps we should change places as am surrounded in rooms by attractive young women day after day who benefitted from their gender but have not resented this in the least.

#379 palebird on 11.09.16 at 1:49 pm

#251 Marlene..If you are indeed serious then that is one of the funniest things I have ever read..by the time T2’s first term is up he will be uncerimoniously booted out and we can get back to business. The loonie lefty liberals will/are making such a mess of this country..unbelievable.

On another note what a great night and a beautiful new day. Obama and Clinton with egg all over their faces, the news media sucking so hard it is embarassing. And my market investments are doing fantastic.

#380 Looney Baloney on 11.09.16 at 1:50 pm

@Smokey

Love how the dawgs were all “We better not see you here if Trump loses”. And now that he has won, it’s “oh you just flipped a coin, it was 50/50 anyway.” That is one lucky coin if it came up the same way every time your posted about Trump.

#381 debtified on 11.09.16 at 1:50 pm

Garth, thank you for continuing this thankless chore of a blog. I must admit I have not been reading it as religiously as I used to but rest assured I will continue to follow. Nothing against you, I always appreciate your effort and I know reading what you took the time to write is the least I can do to show my appreciation – I am simply currently focusing on more important things in life.

I must say that, with almost double the population of Canada voting for Trump, I have lost faith in humanity. Or maybe my understanding of humanity is simply misguided. Maybe the almost 60 million that voted for Trump are right and I am wrong. I know, more people that voted didn’t vote for him but that is still a lot of people that did. How can I say 60 million are wrong and I must be right? Who gets to claim the moral high ground in this case? I always try to be right and avoid being self-righteous.

I am not afraid of Trump. I am afraid of the millions of people that found it okay to vote for him.

Lastly, I made fun of my idol Smoking Man for predicting that Trump would win. I was wrong and he was right. I had faith in humanity and he obviously had a better understanding of it. To show my respect, I will read his book that I had no desire and intention to read. If someone can provide a link to a free pirated copy I would appreciate it. Thank you.

#382 IHCTD9 on 11.09.16 at 1:50 pm

#357 Love My Kia on 11.09.16 at 12:25 pm
Why is Smoking Man not banned here?

I was appalled at the amount of deletions and slip throughs that passed the censors to see his awful behavior last night.

A more anonymous person would have been permanently removed much sooner by you.

Given his penchant with alcohol and boasting that in his words, ‘I’m not going anywhere’ unfortunately makes you an enabler Garth.

You will take offense at that statement but it doesn’t make it any less true. I’ve been married to an alcoholic and have learned hard lessons. Allowing him to continue to post lowers the quality of your blog and wonderful writing. Last night this blog was pathetic in more ways than one.

Unfortunately you will not post this, that I am certain and it will continue. You will make snide remarks making the situation sadder than it is.
_____________________________________

What a bully. Garth is an enabler? Good grief, he’s already threatened getting rid of the entire comments section more than once. IMHO Garth holds his nose and tolerates [just about] all viewpoints – including those that are opposite of his. Anonymity means we hear what is really going on in some folks heads. This is one reason I’m here.

Not everyone here is such a big fan of censorship as you.

#383 Doug in London on 11.09.16 at 1:51 pm

@Willy H, post #280:
That’s possible, but the opposite could happen. If a lot of Americans leave the USA and come to Canada, especially those with money, that could further boost demand and ultimately prices for Canadian real estate. Hard to say, we’ll have to wait and see.

#384 Looney Baloney on 11.09.16 at 1:52 pm

Absolutely stunned, disappointed, are there really THAT many people that honour this horrible excuse of a man and his frightening rhetoric.

When are people going to learn? The media use fear to generate consent. Cut your cable and turn off the TV.

Check out CNN Van Jones comment.
‘Nuff said.

#385 45north on 11.09.16 at 1:52 pm

Iconoclast: talking about the election of Donald Trump: I think there will be people relocating to Canada over this. Dozens, possibly. Dozens.

pretty funny

#386 straight six on 11.09.16 at 1:53 pm

re 357.. Why is Smoking Man not banned here?

simple explanation.. it’s the bonfire of the vanities my boy! and it’s Garth’s bonfire.

#387 Frank Blood on 11.09.16 at 1:54 pm

I felt a great disturbance in the Force, as if millions of liberals and elites suddenly cried out in terror and were suddenly silenced. I fear something fantastic has happened.

#388 Looney Baloney on 11.09.16 at 1:55 pm

#340 traderJim

Well said.

#389 Mc hymner on 11.09.16 at 1:59 pm

Am i the only one surprized that all those rappers and b list entertainers could not deliver the victory for hillary

#390 Mc hymner on 11.09.16 at 2:01 pm

Am guessing that climate change and other left wing initiatives will soon be declared illegal by the trumpers and replaced woth something like space exploration

#391 Nuke on 11.09.16 at 2:02 pm

That was worth the wait. I just set my Outlook calendar for 2nd week in November 2020. I’ll take a look at US again in four years. So much free time, I am enjoying catching up on smooth jazz and Canadian literature.

#392 Chaddywack on 11.09.16 at 2:03 pm

I wish I could have seen Trudeau’s reaction to this win. Just imagining it makes me beyond happy.

Trump will act as a counterbalance to the lunacy that we have here in Canada.

#393 iffy_immigrant on 11.09.16 at 2:12 pm

BRAVO! AMERICA!

#394 Greecy on 11.09.16 at 2:14 pm

#319 zee on 11.09.16 at 11:18 am
Dat means it is slightly higher zan yesterday. put zee umbrella back in zee stand, zee sky is not falling

#395 IHCTD9 on 11.09.16 at 2:16 pm

#373 Context on 11.09.16 at 1:48 pm
#313 Numb: – Perhaps we should change places as am surrounded in rooms by attractive young women day after day who benefitted from their gender but have not resented this in the least.
_____________________________

LOL excellent post! :)

#396 mark on 11.09.16 at 2:18 pm

Wow what a market turnaround.

#397 Gulf Breeze on 11.09.16 at 2:22 pm

This was a vote against the status quo, by many, not necessarily FOR Trump. The demographic the democrats foolishly thought they could hold onto we’re the pro Sanders democrats and also black voters. Say whaaaatttt?

They thought blacks, who have been hunted for sport and tossed in private prisons, en masse, in the U.S under both administrations (ramped up under Bill Clinton, with the three strikes law) were going to vote for Hillary? What so many whites don’t get is that it couldn’t be worse for the poor the former middle class and blacks of all classes, RIGHT NOW.

If a black person is shot while walking down the street now, the only difference might be that under Teump, he might just be on his way to work!

Trump is a super scary fascist and yet, I understand why he was voted in and hope he does some good even if it is for all the wrong reasons

#398 IHCTD9 on 11.09.16 at 2:23 pm

Just chatting with one of my customers:

From India
28 year old immigrant
Devout Hindu
Been in Canada 5 years or so, living/working in the GTA
Works for peanuts

TRUMP man thru and thru. Looks like economics “trumps” all else.

#399 Smoking Man on 11.09.16 at 2:26 pm

#357 Love My Kia on 11.09.16 at 12:25 pm
Why is Smoking Man not banned here?
.

It’s obvious, I own a plasma flier that travels 10 times the speed of light with a big red button on it lighten up, or I’ll turn you into star dust.

#400 Greg on 11.09.16 at 2:28 pm

#357 Love My Kia
“Unfortunately you will not post this, that I am certain and it will continue.”

What else are you certain about?

#401 Smoking Man on 11.09.16 at 2:34 pm

#368 NEVER GIVE UP on 11.09.16 at 1:03 pm
#357 Love My Kia on 11.09.16 at 12:25 pm
Why is Smoking Man not banned here?
———————————————————
Smoking Man is 40% of the reason I read this blog!
Gartho is 60% of course!

Smoking Man we are all in awe!…. How could you have known?
…..

It’s all in my book. But by the good grace of Garth I was only allowed one commercial.

So you got to figure out were to get it yourself. Note if you find it want to save some time. Right before the end two sentences that sum it up.

Remeber it was published Nov 7th a day before independence day.

#402 Why he won on 11.09.16 at 2:42 pm

https://i.imgur.com/nMXG5SG.jpg

#403 Smoking Man on 11.09.16 at 2:42 pm

#394 Gulf Breeze on 11.09.16 at 2:22 pm
Trump is a super scary fascist and yet, I understand why he was voted in and hope he does some good even if it is for all the wrong reasons.

If you believe that you watch to much TV. That narrative was painted by the evil and violent left loons.

Example he said ban all Muslims with out proper vetting. MSM he wants to ban all Muslims. The Internet has surpassed MSM.

As far as it being a landslide. It was, take away Soros voting machines, stuffed ballots and illegals voting it was a huge landslide.

#404 Henry Morgan on 11.09.16 at 2:43 pm

Smoky is the Top Dog!

Cheers’

*But remember , avoid the hard stuff, drink fresh Becks and smoke Belmonts, the healthier choices.

#405 The Technical Analyst on 11.09.16 at 2:47 pm

Stock Markets up +288 points. S&P500 up 27 points. This from a 5% down (- 800 DOW fail stop) overnight.

Looks like the market love Trump now.

But don’t believe the hype, it is mostly short covering as the bond market is crashing behind the scenes.

As always, WAIT FOR CONFIRMATION before trading.

Timing the market DOES work or there would be no Technical Analysis’ around.

#406 n1tro on 11.09.16 at 2:50 pm

Cone of Silence:

How did we know of a potential upset?

Easy….3 steps. Read/Watch, think, decide.

Trump rallies have thousands of supporters.
Hillary rallies have hundreds. Even with high “contributing” people like Jay Z, his spouse beating wife, lady Gaga, and Katie Perry, and all the other well to do entertainers living off the masses giving their free concerts in support of Hillary…still low attendance. Everyone endorsing Hillary are well off (eg. Lebron James…you may be black but you haven’t represented the urban Clevland voter in quite sometime).
Add in all the negative Trump stories while wikileak stories are barely mentioned.

People are not stupid. They see the double standard.

Clinton rally had 33,000 people Monday night. — Garth

#407 Camel on 11.09.16 at 2:53 pm

Wynne and Trudeau vs Trump
Starting January 20th, 2017.

I predict all of Canada’s workforce will be migrating to the US gradually, and Canada will collapse soon thereafter.

#408 IHCTD9 on 11.09.16 at 2:53 pm

#364 Ace Goodheart on 11.09.16 at 12:48 pm

No it actually wasn’t. The make up of the country’s political landscape itself is based on Greek principles mostly. There is really nothing about the US government and political set up that has anything to do with “Christian Principles” (whatever that is).

It is even harder to figure out what “Christian Principles” actually are. The book that they rely on was written by people who lived hundreds of years after the death of their “Christ” figure (who may or may not have actually existed). It is more of an allegory than a historical record and the Christian “Christ” myth draws directly on earlier such myths, taking from them almost exactly. Anyone who has a look into it usually comes to the conclusion that likely no such person existed and the “Christian” religion is actually an ancient political set up which used a set of pre existing allegorical events to “govern” a primitive group of people, most of whom could not read or write and who understood things based on pictorial representation and oral presentation.

So no, the USA is not set up on “Christian” principles. It is set up to mirror Greek political principles and has nothing to do with the “Christ myth” allegorical system.
_____

LMAO, there’s always at least one historian/theologian “expert” in every group. I thought folks gave up on revisionist $hit like this in the late 90’s.

Hey, while were on the topic of historical revisionism, why don’t you tell me about how black African Negros built the pyramids?

#409 Context on 11.09.16 at 2:58 pm

I have looked at videos concerning Hitler’s rise to power promising the Germans what they wanted to hear and the crowds went wild with expectations for a New Germany. A few nights ago watched Trump and the crowds carefully as he promised them everything for the New America under his leadership. Does history repeat itself? I don’t know as guess we will have to wait and see.

#410 Billy Bob James on 11.09.16 at 3:04 pm

What’s disgusting is separating by their spiritual beliefs. “Donald J. Trump today called for a ban to all Muslims entering the US…” — Garth

Sharia Law is incompatible with western culture. Period.

Believing in Islam does not mean being a Sharia Law adherent. All Jews are not orthodox. All Christians are not bible-thumping literalists. Ignorant. — Garth

#411 IHCTD9 on 11.09.16 at 3:05 pm

#205 Ace Goodheart on 11.09.16 at 6:51 am

…The religious right view him as a deity.
______________________

You need to ram your head into a concrete post asap.

Just a suggestion, to help you.

#412 Goober on 11.09.16 at 3:05 pm

#384 Frank Blood

The force is strong in this one. Thanks for the well-timed levity

#413 LifeXpert on 11.09.16 at 3:18 pm

UVXY didn’t really work out the way it was supposed to, should have done forex like Smoking Man said to.

Btw where do we get a copy of this long awaited book?

#414 250K Got Schooled on 11.09.16 at 3:18 pm

HAHA ILL HAVE A GREAT PAY DAY TOMORROW…….
#144 250k inverse etf s&p on 11.07.16 at 11:24 pm
tomorrow around 2pm
250k inverse etf s&p

——————-

HAHAHAHA you have to pay the piper now. Ouch, 250k on an inverse S&P ETF with a 300 point rally today must really, really hurt. So much for being a braggart – lol.

#415 Playing Monopoly on 11.09.16 at 3:31 pm

RE
#357 Love My Kia on 11.09.16 at 12:25 pm

Why is Smoking Man not banned here?

I was appalled at the amount of deletions and slip throughs that passed the censors to see his awful behavior last night.

A more anonymous person would have been permanently removed much sooner by you.

Given his penchant with alcohol and boasting that in his words, ‘I’m not going anywhere’ unfortunately makes you an enabler Garth.

You will take offense at that statement but it doesn’t make it any less true. I’ve been married to an alcoholic and have learned hard lessons. Allowing him to continue to post lowers the quality of your blog and wonderful writing. Last night this blog was pathetic in more ways than one.

Unfortunately you will not post this, that I am certain and it will continue. You will make snide remarks making the situation sadder than it is.
**************************************
Fortunately Freedom of Speech TRUMPS censorship
unless there is a VERY GOOD reason.

#416 Looney Baloney on 11.09.16 at 3:32 pm

@ #196 Soviet Capitalist

Hey someone has gotta pay for all the socialist welfare programs. Quit whining, man up and pay the tax. See my link to research in a post above.

@Smokey
Instead of wasting digital ink on books, you should use your writing skills to come up with catchy slogans like “Lock her up!” for our Canadian politicians. How about “can you say cheeesy” with a pic of T2 taking a selfie? Wynne till you’re green. You get the idea, I’m sure you could do better. Maybe print them on t-shirts and sell them to the blog dawgs.

#417 Keith in Calgary on 11.09.16 at 3:32 pm

Sitting in small town northern Michigan right now.

Went to a large local bar last night for some adult beverages to watch the nights events unfold. The hangover was worth it. Between patrons chanting “lock her up” when Hillary’s mug was on the big screen, to raucous cheering and screaming every time Trump’s lead grew, it was a fun night.

At my client’s office this morning everyone is in an awesome mood……high fives all around, and an air that a new day has dawned seems apparent in everyone’s jaunt as they move thru their workday.

The best part of my day however, has been watching the apoplectic left wing liberal media talking heads literally explode all over the airwaves and internet.

Schaudenfreude baby…………..

#418 IHCTD9 on 11.09.16 at 3:41 pm

#404 Camel on 11.09.16 at 2:53 pm
Wynne and Trudeau vs Trump
Starting January 20th, 2017.

I predict all of Canada’s workforce will be migrating to the US gradually, and Canada will collapse soon thereafter.
__________________________________________

It’ll be a good show for sure.

I see Wynne is setting up a pilot program for a basic income. A single mom with 2 kids gets 35K a year and can work on top with no clawback. I think T2 really cranked the CCB for the “one parent, two kids” segment as well. These single moms with 2 kiddies could be making out like bandits here shortly.

I doubt Wynne is making any adjustments to spending to compensate, so this side of beef will be another tax and billions more a year in debt.

I’m glad I’m slashing my tax remittance thru various efforts. Everyone should be looking at doing something to pay less.

#419 RocDoc on 11.09.16 at 3:41 pm

#357 Love My Kia,

You are obviously unaware that Smoking Man is from outer space. He knows things the rest of us don’t. Listen to him and learn.
I think Garth needs to give Smoking Man a paid position just like the other two guys that write on weekends.
Congratulations Smoking Man! Your prognosticator is sharp!

#420 Rick Havanah on 11.09.16 at 3:51 pm

The bond market is taking a pounding which is good because rates are rising.

Ready to pay an extra $1,000 to $2,000 a year in the short term and an extra $5,000 to $10,000 a year for your mortgage and other debts. It is coming.

This way the lefties all in debt will have to pay more. Mortgage rates and other lending rates will rise in the next few days to weeks. They hate Trump anyway so it does not matter.

#421 Doghouse Dweller on 11.09.16 at 3:58 pm

#395 IHCTD9
RE: your comment on France from the other day.-

http://wolfstreet.com/2016/11/08/france-tes-biometric-database-by-decree/

https://www.armstrongeconomics.com/international-news/europes-current-economy/france-using-radar-to-ticket-bikers/

There is going to be some serious fireworks over there . 1789 ver.2.0

#422 Love My Kia on 11.09.16 at 4:00 pm

379 IHCTD9 on 11.09.16 at 1:50 pm

#357 Love My Kia on 11.09.16 at 12:25 pm
Why is Smoking Man not banned here?

I was appalled at the amount of deletions and slip throughs that passed the censors to see his awful behavior last night.

A more anonymous person would have been permanently removed much sooner by you.

Given his penchant with alcohol and boasting that in his words, ‘I’m not going anywhere’ unfortunately makes you an enabler Garth.

You will take offense at that statement but it doesn’t make it any less true. I’ve been married to an alcoholic and have learned hard lessons. Allowing him to continue to post lowers the quality of your blog and wonderful writing. Last night this blog was pathetic in more ways than one.

Unfortunately you will not post this, that I am certain and it will continue. You will make snide remarks making the situation sadder than it is.
_____________________________________

What a bully. Garth is an enabler? Good grief, he’s already threatened getting rid of the entire comments section more than once. IMHO Garth holds his nose and tolerates [just about] all viewpoints – including those that are opposite of his. Anonymity means we hear what is really going on in some folks heads. This is one reason I’m here.

Not everyone here is such a big fan of censorship as you.
++++++++++++++++++++++++
You obviously didn’t read Smokey’s comments that were deleted by Garth shortly after I flagged his attention.

Garth was busy also censoring last nights’ comments by Smokey in case you hadn’t noticed.

I made the choice not to let an alcoholic control my life before and I can do it again. Up to Garth now if he wants to use someone’s illness to the benefit of his own numbers. I’d like to think he has more decency than that. Garth’s talent is enough to get numbers without irrelevant profanity being thrown in. It has nothing to do with the topic at hand.

Garth has threatened but never follows through, not a deterrent if you ask me.

To quote Trump, its ‘just sad’ to see someone with a serious problem being egged on by the masses and Garth allowing it to happen.

#423 espressobob on 11.09.16 at 4:01 pm

After choking on the morning coffee hearing the Trumpster hit pay dirt, still have some bets to cover at the local pub. Yeesh.

#424 Johnny Boy on 11.09.16 at 4:04 pm

#373 Millennial_86 on 11.09.16 at 1:38 pm

The people who voted Trump in are:
white, uneducated, rural, and lower middle class.
And there’s a lot of them.

http://www.bloomberg.com/politics/graphics/2016-how-trump-won/
…………………………………………………………….
And I thought they were just plain old idiots!

#425 Blacksheep on 11.09.16 at 4:04 pm

This election was never about Hilary or Donald.

These two were mere vehicles representing: ‘More of the same’ or ‘Radical change’. This is about the top .0001% pushing their luck and just getting, to bloody greedy. The serf class will only take so much abuse before the start to push back.

So congratulations to the citizens of the US of A!

Not quote. Half of Americans supported Clinton. Half supported Trump. So much for the .0001% against the rest. Funny. — Garth

#426 genxbiz on 11.09.16 at 4:04 pm

for the people, by the people…told ya

what’s good for some is bad for others…that’s democracy…

#427 Bytor the Snow Dog on 11.09.16 at 4:07 pm

Trump wins. Women offended. Why is that?

#428 BobC on 11.09.16 at 4:09 pm

#394 gulf breeze

You get my vote. Your the biggest idiot on here. Good job, I assume that’s what you were shooting for.

#429 Bytor the Snow Dog on 11.09.16 at 4:12 pm

@Cone of Silence-

We would have been better off hand you stayed there.

Trump’s win is a victory against the oppression of the PC Crowd. The PC Crowd doesn’t get it. Their shtick has grown old and it no longer has any effect.

Signed,

Poopyhead.

#430 Johnny Boy on 11.09.16 at 4:13 pm

Nov 28th is going to be Donald Trump’s best show when he has to go to court for the Trump University case.
He has dozens of lawsuits stacked up against him for his businesses as well. All due to come up in the next months to year. In total 75 separate lawsuits pending. Here is the best part, he can not defer them! His presidential immunity does not extend to civil suits that predate his presidency and or are not related to the realm of the oval office. So the next four years you are going to see a lot of suits in and out of the oval office, and not for the benefit of America.
Oh to be a fly on the wall of that room for the next four years. Then again probably it will be more like come here baby, oh your a ten, oh ya my hot mama give the Donald some lovin before Melania gets back. Let me grab your @#$sy.
Yuck! I think I’m going to throw up now.

#431 DON on 11.09.16 at 4:17 pm

#338 Ronaldo on 11.09.16 at 11:59 am
#187 DON on 11.09.16 at 3:46 am

So it’s official we can no longer trust the media polls or 538.
—————————————————————-

You didn’t just realize this did you Don? Polls have been forever wrong and the media is bought and paid for.
*****************

I just came to the realization….just kidding. Time to break up the media – had to watch CNN last night to see them squirm.

#432 bdwy sktrn on 11.09.16 at 4:21 pm

#397 Greg on 11.09.16 at 2:28 pm
#357 Love My Kia
“Unfortunately you will not post this, that I am certain and it will continue.”

What else are you certain about?
———————–
agreed.

and kia screw off with your censorship bullcrap.

YOU married a drunk and somehow that is OUR problem???

#433 bdwy sktrn on 11.09.16 at 4:32 pm

Clinton rally had 33,000 people Monday night. — Garth
————————
seriously? she had one crowd the night before the election??? the night before.

you seem like you are purposefully not looking.

Merely pointing out the fiction. — Garth

#434 Don Der on 11.09.16 at 4:33 pm

I hope they’re serving turkey for dinner tonight because I have been eating crow all morning long.

I too, must expose yesterday’s blog comment I made about Grandma Nixon winning a pre-determined election. Tsk Tsk. She is Satan incarnate.

I wake up this morning to Trump’s V, a free ticket to the Beach Boys tonight, and I dropped 3 lbs. You can’t wipe that grin off my face.

#435 Dual Citizen In Canada on 11.09.16 at 4:36 pm

What will be Trump’s legacy? Well, he’s managed to divide an entire nation. At least he can put it back together before he is done. If he does this we need not admit that the terrorists have won.

#436 bdwy sktrn on 11.09.16 at 4:40 pm

#407 Billy Bob James on 11.09.16 at 3:04 pm
What’s disgusting is separating by their spiritual beliefs. “Donald J. Trump today called for a ban to all Muslims entering the US…” — Garth

Sharia Law is incompatible with western culture. Period.

Believing in Islam does not mean being a Sharia Law adherent. All Jews are not orthodox. All Christians are not bible-thumping literalists. Ignorant. — Garth
————————–
Respondents were asked if Sharia should be the official law of the land in their country.

In Afghanistan, 99 per cent said yes, with Iraq (91 per cent), the Palestinian Territories (89 per cent), Malaysia (86 per cent) and Niger (also 86 per cent) the countries next most in favour.

sharia is REALLY popular in some places – comparing this to christian religion(which i also find distasteful) is just as ignorant as the assumptions above.

#437 Wrk.dover on 11.09.16 at 4:43 pm

Markets all FOMO, that’s what!

#438 bdwy sktrn on 11.09.16 at 4:56 pm

He has dozens of lawsuits stacked up against him for his businesses as well. All due to come up in the next months to year. In total 75 separate lawsuits pending. Here is the best part, he can not defer them! His presidential immunity does not extend to civil suits that predate his presidency

————————————
waaa!

stop sniveling.

CIVIL suits , his lawyers quietly throw some cash at it and it’s gone. he’s now the PRESIDENT OF THE USA , he doesn’t give a flop about the lawsuits.

#439 NoName on 11.09.16 at 5:04 pm

Where is my 15% pull-back ???

#440 chopstix on 11.09.16 at 5:07 pm

maybe hillary dodged a bullet….reading lately that many analysts feel a serious bear market will be coming into play over the next 4 yrs…so let Trump deal with it.
…and maybe this is what the molotov cocktail tossers needed: you were taken in by a conman who sold you a bill of goods in his wanting to ‘help the people and make america great again’…lmao, esp one born with no relation at all to the middle class….so when the scandals happen (i read he can keep his private business and yet also govern: how does that not scream conflict of interest?) and the crowds get a severe reality check and start to doubt themeselves for voting him in it’ll be delightful: hope they all enjoy the crow mcnuggets.

#441 chopstix on 11.09.16 at 5:14 pm

trump and his kin is really an orwellian spin: ‘animal farm comes to washington’

#442 D.D. Corkum on 11.09.16 at 5:15 pm

Incredible that Nate Silver (538) basically called it again, in total defiance of many other pollsters. Sure, he said Hillary had a >50% of winning. But his probabilistic assessment gave Trump a larger chance than any of the others did.

#443 WalMark of Sadkatoon on 11.09.16 at 5:21 pm

Clinton rally had 33,000 people Monday night. — Garth

just too little much too late

#444 Nemesis on 11.09.16 at 5:24 pm

#ATimelyQuantumOfSolace… #ForDisconsolateHosts…

https://youtu.be/O6cfYS-LVEQ

[NoteToMagnanimousHost: It was released in ’73, but Paul wrote that in ’72 in the early hours of the morning of November 8th, in the aftermath of the 47th Presidential election… and we all know how that one ended.]

#445 Looney Baloney on 11.09.16 at 5:27 pm

Why is Love my Kia not banned here?

Comic relief. — Garth

#446 owll on 11.09.16 at 5:35 pm

well….seems like the comments here more accurately reflect the outcome of the election than the poll did.

#447 millenial1982 on 11.09.16 at 5:35 pm

Garth I want to thank you for your work on this blog which is full of priceless information and insight that is valuable to many of us. I’m sure this is one of those days that are really testing your patience. Hang in there…

#448 The dude on 11.09.16 at 5:42 pm

After the election, even Wall St traders are now chanting “Lock her up!”

Which side are you on, Garth?

http://money.cnn.com/2016/11/09/investing/wall-street-traders-boo-hillary-clinton/

#449 Matsebula on 11.09.16 at 5:44 pm

Trump mobilized former non-voters in a way that the pollsters didn’t expect. I did the survey, and I said Trump would win. I am stoked at the amount of ridiculous hand-wringing that the Liberal/SJW politically correct crowd is doing right now. The shots from Hillary’s event last night with crying staffers were gold. The fact that the Orange One beat her is testament to how deeply flawed she is personally as a candidate, and how sick Americans are of the establishment. I occasionally break into laughter thinking of all the sadness of HRC supporters. What a night.

#450 NEVER GIVE UP on 11.09.16 at 5:46 pm

#357 Love My Kia
——————————————–
Everyone wants to be a DICTATOR!

My father was an alcoholic. I went to Alateen as a young boy.
I learned not to blame everyone else for the bad situation I was in.

Get over it!
Have a beer and Chill! Its a wonderful drink and calms the nerves.

The reason your Husband is an alcoholic is because of the addictive personality, not the alcohol or because Smokey enjoys his brew!

#451 Context on 11.09.16 at 5:46 pm

#357 Love My Kia:- That is nothing as one night was at Eglinton and Mount Pleasant visiting a friend in an apartment building. All of a sudden a war upstairs broke out and said what is going on. Gal said every weekend the wife upstairs gets bombed and throws dishes at her husband for an hour or so.

#452 the other white meat (pork) on 11.09.16 at 5:49 pm

406 Context on 11.09.16 at 2:58 pm
I have looked at videos concerning Hitler’s rise to power promising the Germans what they wanted to hear and the crowds went wild with expectations for a New Germany.

The same could be said for T2 or any other elected official. It’s called “democracy”.

#453 Yuus bin Haad on 11.09.16 at 5:50 pm

When it comes to things I have no control over, I let everybody else do all the fretting.

#454 Bytor the Snow Dog on 11.09.16 at 6:10 pm

Things I just don’t understand re: the easily offended.

1) If a blog post offends you, scroll past. Don’t read it. Leave.

2) If someone’s way of life offends you, but doesn’t harm you or anyone else, ignore it. It’s none of your business.

3) You cannot control the thoughts or opinions of others. If you are offended by those opinions, so what? You do not have a right to go thru life unoffended.

Frankly, the fact that so many are offended over trivial issues offends me. :-)

#455 Goldie on 11.09.16 at 6:15 pm

“Feels good being a rock star with no fans in the yard, just me and uncle jd. and a few random tumb typers…”

I called Trump’s victory on this blog in sept. 2015 right at the beginning of the primaries. It even elicited an unhappy response from our dear host.

#456 Pete on 11.09.16 at 6:26 pm

“All Christians are not bible-thumping literalists. Ignorant. — Garth”

If you are not a literalist when it comes to the bible, you are not a Christian. You can’t be partly Christian.

#457 Barb on 11.09.16 at 6:36 pm

The only TV to watch this week: Bill Maher, Friday night.

He’ll be spitting nails.

#458 IHCTD9 on 11.09.16 at 6:39 pm

You obviously didn’t read Smokey’s comments that were deleted by Garth shortly after I flagged his attention.

Garth was busy also censoring last nights’ comments by Smokey in case you hadn’t noticed.

I made the choice not to let an alcoholic control my life before and I can do it again. Up to Garth now if he wants to use someone’s illness to the benefit of his own numbers. I’d like to think he has more decency than that. Garth’s talent is enough to get numbers without irrelevant profanity being thrown in. It has nothing to do with the topic at hand.

Garth has threatened but never follows through, not a deterrent if you ask me.

To quote Trump, its ‘just sad’ to see someone with a serious problem being egged on by the masses and Garth allowing it to happen.
—–

Correct, I did not read all the SM posts, I did notice several deletes, but that happens with SM every night.
I think many here do not view sm as you do, to me he’s having some fun, Garth hasn’t given him the boot yet, and he met the guy in person. Garth’s numbers would be unaffected by the absence of sm.

I understand it’s a little different for you, but hey, I married a feminist, and I don’t try and get Garth to silence any of the misandrist feminazi dogs on here. In fact, I’d rather hear what’s really on their mind. You’re much better off finding a way to deal with your triggers on your own than to try and push others to do it for you.

#459 IHCTD9 on 11.09.16 at 7:03 pm

#418 Doghouse Dweller on 11.09.16 at 3:58 pm
#395 IHCTD9
RE: your comment on France from the other day.-

http://wolfstreet.com/2016/11/08/france-tes-biometric-database-by-decree/

https://www.armstrongeconomics.com/international-news/europes-current-economy/france-using-radar-to-ticket-bikers/

There is going to be some serious fireworks over there . 1789 ver.2.0
——-
Speeding tickets for bicycles? They may as well just have the cops walk up to folks waiting in line to pay for their groceries and have them just grab a handful of cash right out of their wallets. Obviously they’ve got a serious revenue problem.

The eventual reality in France is probably going to be terminal decreases in labour participation rates, and an unstoppable spiral downwards for government revenue. The economy is total crap, government owns the voting base, and benefits for the unemployed are very generous.

The Ontario libs are soon to start a pilot project on a basic income scheme. Details are slim, but a single parent (coughmothercough) with two kids would get 35,000.00/yr. any disability payments would go on top. Plus you can work some too with minimal to no clawback. The median individual income in Canada right now is less than 30,000.00. You can see where this is headed. But the Libs would never expect that a plan like this could be abused.

Ontario is much like France, two lead lined bingbat governments headed for a deep lake in parallel.

#460 Braj on 11.09.16 at 7:05 pm

#260 };-) aka Devil’s Advocate aka Devil’s Advocate on 11.09.16 at 9:11 am
Why are so many surprised to learn what George Carlin explained long ago; “Your average person is really quite stupid and if you stop and think about it that means that half of them are dumber than that”.

Trump did not win, education failed. We have only ourselves to blame. Our fat assed Kardashian ways are biting us in the ass. This is a reflection of the downward spiral of North American society (Canada included).

—–

Seems like a self corrective mechanica. Kinda like climate change when it forces agricultural issues and mass refugee movements.

#461 Paul on 11.09.16 at 7:49 pm

Brexit 3 – Make Canada Great Again!

In 3 more years. Bring it on!
TruDumb is crapping in his pant right now.

#462 250k inverse etf s&p on 11.09.16 at 7:53 pm

HAHA ILL HAVE A GREAT PAY DAY TOMORROW…….
#144 250k inverse etf s&p on 11.07.16 at 11:24 pm
tomorrow around 2pm
250k inverse etf s&p

——————-

HAHAHAHA you have to pay the piper now. Ouch, 250k on an inverse S&P ETF with a 300 point rally today must really, really hurt. So much for being a braggart – lol.
———————
I Know sad day, thank god i had a stop loss. 6.5k

#463 SiteTree.com on 11.09.16 at 8:34 pm

The increase that has happened today probably will erode in next couple of days or weeks. Trump might end up saying or doing something damaging. Or people might have become too optimistic today – that probably might change or swing this way or the other in short time

#464 Tudval on 11.09.16 at 9:05 pm

@ IHCTD9 Late reply, but it’s been a busy two days.
When you say the 250k 2 bdrm in T.O is even worse investment than the 1 mil detached, I agree with you , but do you catch the faulty logic? Those who complain a ‘roof over their heads’ costs too much also deny the value of R.E. as an investment. So they should be happy taking the roof that costs 75% less. To accept the value of RE as investment, necessarily leads you to accept current prices as a result of that thinking.

#465 Chris on 11.09.16 at 10:37 pm

WTH happened? Now bullying, racism, bigotry and misogynism have been legalized in America.

#466 RocDoc on 11.09.16 at 10:48 pm

SmokingMan and Love My Kia,
You two need to meet up and swap stories.

#467 Kia lover on 11.10.16 at 9:38 am

Traded my Honda CR-V for a Kia 1917 Sportage. Just love it. Smooth quiet ride and lots of extras.

#468 Mr. Frugal on 11.10.16 at 1:00 pm

I found it impossible to believe tens of millions of people would fall for political policies articulated in tweets and hastags, from a guy who brags about not paying taxes, admits to being a groper and promotes racial and religious intolerance. Trump has made outsiders feel like insiders because he legitimizes human prejudice and mainstreams bigotry. He became a powerful leader by being a meticulous follower. I did not think this was possible. I underestimated him. I overestimated humanity.

________________________

This is Garth’s idea of humility. Wow!!!

Frame it. Only happens once. — Garth

#469 Liberty on 11.10.16 at 1:43 pm

“I overestimated humanity.”

Isn’t this statement a little on the judgmental side? I didn’t vote for Trump because he frankly scares me; I voted instead for Gary Johnson. But I know people who did vote for Trump, not because they liked him, but because they objected so much to Hillary’s policies that they in all good conscience felt they had to do everything they could to keep Hillary out of the White House, and in their minds that meant they had to vote for Trump, the lesser of two evils.

By the way, Jill Stein, the presidential candidate of the Green Party, said that Hillary was the more dangerous candidate of the two because she was calling for a no-fly zone in Syria, which means essentially declaring war on Russia. She said with 2,000 nuclear weapons between the U.S. and the Russians, this would be a mushroom cloud waiting to happen…
http://www.dailymail.co.uk/news/article-3914778/This-mushroom-cloud-waiting-happen-Jill-Stein-blasts-warmonger-Hillary-arguing-vote-lead-nuclear-war-Russia.html

Ever heard of Neville Chamberlain, son? — Garth