James Turk – What Donald Trump Faces Is Very Different From What Ronald Reagan Faced, Expect Major Market Moves…

James Turk – What Donald Trump Faces Is Very Different From What Ronald Reagan Faced, Expect Major Market Moves…

As we kick off the third week of trading in November, today James Turk spoke with King World News about why what Donald Trump faces is very different from what Ronald Reagan face, but here is the good news…

James Turk:  “Congratulations to Mr Trump. If his presidency is as remarkable as his election, Eric, he could go down in history as a great president. I expect that a lot of things will change because of Trump. That’s what voters want…

I’ve seen polls showing that 70% or more of the electorate believes the country is headed in the wrong direction. A result like that cuts across party lines.

The last time I felt like this about the potential for major systemic change was when Reagan became president in 1981. Coincidentally, a lot of people back then were shocked that Reagan would be president, just like the shock we are seeing today with Trump’s victory.  I hope that with his performance that Trump confounds his cynics just like Reagan did.

King World News -- Paul Volcker And The Ultimate Threat To The Global Ponzi Scheme

With Reagan the coming systemic changes were pretty obvious because Paul Volcker had already been appointed as Fed chairman and had unsettled the markets by increasing interest rates. That signaled a major inflationary cycle was ending.

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King World News

Interviews with market experts from around the world with a focus on precious metals.