Trump, The Long Con and the Great Con
The proper way to start a conversation in San Francisco during the past couple of weeks has been to ask "how are you holding up?" A palpable sense of pain, disbelief and fear has captured the city since the recent and historic upset in the presidential election. To those outside the city this may seem like an excessive comparison, but I honestly haven't felt a sense of shared loss and mourning like this in the 15 years since the national tragedy of 9/11.
I knew this outcome was a possibility, especially given the trends of the previous few weeks and the dangers of voting between such deeply unfavorable candidates. On the trading floor, you have to develop a healthy appreciation for clear signals that "the market" is trending away from what you consider to be "the fundamentals". In this election, it felt like sentiment was divorcing aggressively from fact but, until the very end, it still seemed like the results would be forgotten as just a painful close call.