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President Trump's Stock Tip: "Smoke 'Em If You Got 'Em!"

We are through the looking glass.

Donald Trump really wants to be the President of the United States...and its garbage fire economy that he wouldn't invest in with your money.

Trump.Burning Money

During a long interview that reads at times like a lost Hunter S. Thompson story of a discussion with a maniac, Washington Post reporters Bob Woodward and Robert Costa talk to Trump about topics ranging from his reason for running (unintelligible after 12 paragraphs), his thoughts on acting presidential (disinterested) and his feelings about Mitt Romney (he sucks eggs).

But what might be the most galling and bizarre section of the interview centers around Trump's take on the economy.

Here's the first exchange:

BOB WOODWARD: What is it now? Is it a good time to invest now?

DONALD TRUMP: Oh, I think it’s a terrible time right now.

BW: You really do?

DT: Yeah.

ROBERT COSTA: Why is that?

DT: Because the dollar is so strong. Our country is in – you know, it’s very interesting. There’s a couple of things good about strong dollars, but there’s some...

A leading candidate from a major party saying that people shouldn't be investing right now? That's..."novel."

But Trump is learning, he'll pull out of this.

BW: So your tip, stock tip, is to get out of the market? Or avoid it now?

DT: Oh, my stock tip is that the market – I believe we’re sitting on a big bubble. So you take a look at what’s going on. You have — think of it — you have cheap money that nobody can get unless you’re rich. You have the regulators are running the banks. Not the guys that are being paid $50 million a year to run the banks. I mean, when you look at many of your friends that are running banks that are being paid $40 and $50 million, yeah, they’re not running the banks. The regulators are running the banks. You have a situation where you have an inflated stock market. It started to deflate, but then it went back up again. Usually that’s a bad sign. That’s a sign of things to come. And yeah, I think we’re sitting on a very, very big bubble.

Now there's a meandering thought capable of pissing off both Elizabeth Warren and Jamie Dimon. Additionally, telling people to keep their money in the mattress is the kind of thing that will endear you to Wall Street like your name is Bernie Sanders.

Doesn't Trump understand that?

BW: So the Wall Street people are going to — when we publish this — are not going to like to hear the possible president say . . . .

DT: Yeah, I don’t care about the. . . . I know the Wall Street people. I know the Wall Street people probably better than anybody knows them. You know, the Wall Street . . . 

President Trump knows the Wall Street people the best, so he understands better than all of us that using his leading position in a presidential primary to tell people that they should avoid investing in a pre-disastrous market is the kind of thing that the Wall Street people love.

But, hey, he's got some good news.

BW: So you are really pessimistic, to say the least?

DT: I’m pessimistic. Unless changes are made. Changes could be made.

BW: Could you fix it? Next year, if you became president?

DT: Yes, I can fix it. I can fix it pretty quickly.

If you think this is nutty, click through and take in Trump's thoughts on paying off the national debt.

Transcript: Donald Trump interview with Bob Woodward and Robert Costa [WaPo]



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