Janus' Gross says Trump will be one-termer, in failure for populism

[Yo_Mama_Been_Loggin]

President-elect Donald Trump will last no more than four years in the White House, a period when corporations and Wall Street will retain the upper hand over the struggling workers who helped elect him in a populist wave, bond manager Bill Gross of Janus Capital Group Inc (JNS.N) said on Wednesday.

In his monthly investment outlook, "Populism Takes a Wrong Turn," Gross also said "there is no new Trump bull market in the offing," and that global diversified investors should be "satisfied" with 3 percent to 5 percent annual returns.

"The Trumpian Fox has entered the Populist Henhouse, not so much by stealth but as a result of Middle America's misinterpretation of what will make America great again," Gross wrote.

"[Trump's] tenure will be a short four years but is likely to be a damaging one for jobless and low-wage American voters," Gross added. "I write in amazed, almost amused bewilderment at what American voters have done to themselves."

http://www.msn.com/en-us/money/markets/janus-gross-says-trump-will-be-one-termer-in-failure-for-populism/ar-AAkmVnG?li=BBnb7Kz

[DinahMoeHum]

1. The original, from Janus / Investment Outlook

https://www.janus.com/insights/bill-gross-investment-outlook

(snip)
To my mind, there are better solutions than either party's election platform, such as a Keynesian/FDR job corps or a Kennedyesque AmeriCorps that puts people to work helping other people.
(snip)
Populism is on the march and a Trump victory will do little to halt its advance in future decades. If anything, it is demographically baked in the cake.
(snip)

[Hortensis]

2. Meanwhile, he still has to avoid major scandal before the

electoral college votes and the vote is announced on January 9--to avoid giving the Republicans in Congress an excuse to choose someone else, like Ryan. Then he still has to avoid having his own party remove him from office--for four years. The former may be unlikely, but I wouldn't bet a nickle he serves out his term.

[Chakab]

3. If Bush got two terms, I don't see why Trump can't especially when you consider the fact that a

large portion of the party establishment refuses to recognize any of mistakes they made or the necessity of engaging the general public on economic issues.

Taking corporate money, paying lip service to social issues and saying "we're better than the animals on the other side of the aisle, so you have to vote for us" is not a valid strategy.

[geek tragedy]

4. he can win a second term, I think "can't" should be out of our vocabulary regarding

that orange beast for now.

We can beat him, by the same token.

[Chakab]

5. Assuming that they'll be so disastrous that people will vote the Republicans and Trump out is just

as ridiculous as assuming that Hillary was "inevitable."

The Democratic party needs a proper platform that will drive people to vote for them rather than against the Republicans.

[geek tragedy]

7. assume nothing, but be prepared to take advantage of opportunities as well as having

a strategic plan

[ThoughtCriminal]

11. Trump will need his "Reichstag Fire"

Bush had 9/11. With some help from Putin's agents, I'm confident he will find his.

[Chakab]

12. I just having a conversation about that possibility last night.

Bush looked like he was totally inept and on his way to being a one-term president during his first year in office pre-9/11.

If a major attack happens with this incarnation of the Republican party controlling Congress and the Supreme court, we're looking at the possibility of the US becoming a dictatorship.

[DirkGently]

6. Assumptions based on Trump being terrible

do not have a great track record at the moment.

[Eleanors38]

9. Noted. Trump has proposed a massive public infrastructure rebuild which might...

carry him through a second term, FDR-style. I also note that many elements in the Democratic Party are cool to these old populist measures, seeking instead counsel from very large financial institutions.

[Drahthaardogs]

8. Trump is a fascist not a populist

Just saying

[DirkGently]

10. Fascists play on populist sympathies much of the time.

Although the it's not clear what Trump actually is, other than a really bad idea.