The Trump Stock Market Slump — Just Started?

US stock markets are off by more than one and a half percent today (actually tw and a half percent by the close), which coincides with realization that Hillary lost the Commander-in-Chief tele-thingy whatever it was. I didn't watch, but I see one poll indicating that Trump was judged the winner by a margin among viewers of two to one.

That follows a series of polls of voting intention showing Trump either even with Clinton or marginally ahead. Considering the anti-Trump media bias and the incentive the media therefore have to skew the poll results, the implication is that Trump is now well out in front. And that's ignoring the shy Trump supporter phenomenon, which manifests as Trump supporters telling pollsters that they support one of the no-hope third-party candidates, although in the event they intend to put their X next to Trump's name.

For investors, the message is clear. It's time to pay attention to Trump's economic plan, which is that: Interest rates have to go up.