Did Mueller Buy or Sell Trump?

He said what?

Whatever you want him to say.  After all, we now live in a world of Orwellian doublespeak.

Making Money In The Political Minefields

We’re not afraid of the political minefields if our analysis is going to help us make money.  We warned way ahead of time about the risks to a China trade deal and that the U.S. negotiating team was too optimistic about what was ultimately doable. See our February post here.

We also warned of the coming domestic political instability coming warning of the Summer of Discontent in both the U.S. and the United Kingdom.

In both cases, we took incoming that we are not on the home team’s side or that our analysis was all partisan nonsense.   To that, we say nonsense to the nonsense comments.   We now speak in double negatives.

What Do Mueller Say Today

So what was it that Mueller said today?

There are three major takeaway issues from the Mueller presser, which are very clear and unambiguous.

1.  The Russian military launched a concerted attack on the 2016 presidential election “to damage a presidential candidate,”
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   I will close by reiterating the central allegation of our indictments — that there were multiple, systematic efforts to interference in our election. That allegation deserves the attention of every American.  – Robert Mueller, May 29, 2018

2. Mueller never believed, ex-ante and ex-post the investigation,  he and his team could conclude or charge President Trump of committing a crime and were the “principles under which [they] operated.”  He stated,
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   We did not, however, make a determination as to whether the president did commit a crime. The introduction to the volume two of our report explains that decision. It explains that under long-standing Department policy, a President cannot be charged with a federal crime while he is in office. That is unconstitutional…The special counsel’s office is part of the Department of Justice and by regulation it was bound by that Department policy. Charging the president with a crime was, therefore, not an option we could consider- Robert Mueller,  May 29, 2019

Seeing Mueller As A Financial Analyst 

Because we see almost everything from an economic and financial perspective let us set up how we see it.    We interpret Mueller with the following financial analogy,

For illustrious purposes, assume we are analysts and have just completed an exhaustive two-year study of Bestla, a domestic motorcycle manufacturer.  The investment community is becoming very impatient, greatly anticipating our buy or sell recommendation.

Our conclusion,

Since the policy at Shitibank is that we cannot issue sell recommendations, we conclude that the Bestla is not not a sell.  

There you have it, folks, it’s up to you and Congress to interpret the double negative doublespeak.

The impeachment market continues its march higher.  Stock market volatility is picking up and the S&P is breaking down.

The Summer of Discontent is here.  You were warned.