Wednesday, February 8, 2017

This is the Day the Markets Made Fun of The Emperor.

Earlier today, The Emperor thought unwisely to make use of his bully pulpit to knock Nordstrom for dropping his daughter's line.

Big mistake. Instead of bullying Nordstrom, Nordstrom and their stockholders made money off of The Emperor's attacks.



That, alone, would have sufficed to show how the markets now treat The Emperor's actions with much disdain, but there's more.

Later in the day, The Emperor trotted out Intel CEO Brian Krzanich so that Intel could announce a $7B investment in Arizona, at its Fab 42 (which had essentially been mothballed for years).


But things did not go as planned. Intel got a short boost in its stock price, only to lose money.



The markets are just toying with The Emperor at this point.

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