#Hillary and #Trump proposed massive deficit spending. Thus I have no idea what people were hoping for betting on for lower and lower bond rates post election. I guess they were betting Republicans held the House and Senate still (which they did) or that the #Fed would announce the end of raising rates and the US or even go back to #zirp. One can't realistically blame Trump alone for any of this.

We will get more #QE when the economy falters. Thus the hope is not to get more QE.

"I’ve already witnessed it here in the Silicon Valley, where prices started slipping this summer" Real estate in the bay area is absurd to start with and not indicative of the US. That said, there is clearly a #bubble, but it is not caused by #Trump, but by the Federal Reserve. Sadly, the next President will have to deal with their bubble popping. The Federal Reserve's power needs to be curtailed or they should be publicly elected or both.

Don't fault people for not being able to predict politics. If you manage money you should focus on what can be managed not bet on what may or may not be, besides taking into account probability which is usually factored into the market.

As we can see, it was factored in and the victory was largely a non event. That's the advantage of capitalism. Government doesn't completely run the stock market or the economy. Good President or bad President the US can survive, just better or less well. That's the power of a well formulated Republic.

No stocks love the Republicans controlling both houses of Congress. The jury is still out on what exactly Trump means given even he seems at a loss about what he will do.

Watch out, they are on their way to discovering monetary uranium.

Watch out. They are on their way to discovering monetary uranium.

No one seems to care as long as asset valuations keep expanding much like the last big Fed induced crash. It's good to see a few people focus on the economy rather than just how homes and stocks rise.

Housing is a zirpish QE inflating bubble. It is a decent hedge if the existing policies continue until they collapse. It is a horrible bet if the existing Federal Reserve policies end. The recent past is not a good indicator for the future here. This is merely a bet that the bubble will continue to grow long enough for you to be ok for a while. In reality, betting now is probably too late just like it was for the late housing bets in the last cycle.

It is great to see others point out the same thing I have been stating for so long. Capital goods inflation is low, but housing and healthcare inflation along with education (the things that really count are crushing the middle class and baby boomers). The Fed's policy is also decimating baby boomer retirement income and undermining capitalism thereby killing young people with stagnant growth.