QOTD: A total fiasco, but…

“Total fiasco, utter circus!” cried the CIO. “KGB videos, golden showers, kompromat, and his temper tantrum over that CNN reporter,” he continued, breathless. “Single worst press conference for a world leader in history. The $2bln Dubai deal. That random pile of manila folders. The dopey lawyer. Gimmicks, conspiracies, rambling bluster. We didn’t learn a single thing about policy. For the sake of our nation, pray The Donald sticks to Twitter.”

And he paused, collected himself. “But the thing that upsets me most is that it didn’t spark a big enough correction to let me back into all my favorite Trump trades.”

- Eric Peters, One River Asset Management

Eric’s guy nails it here. I was at a party Saturday night and a friend of mine in real estate development told me that everyone in the game has just had their pulse quickened, the collective risk appetite is now shooting through the roof. Even the people who are horrified by all the stupid things he says – they want in on it too.

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