The Not-So-Deep State

By -

Late in 2016, there was this widely-disseminated canard that proposed the “deep state” arranged Trump to get elected so that the economic collapse could be blamed on him. Although I’m not a conspiracy kook, in a fever of confirmation bias, I sort of “bought” that claim as well. Let’s see how the Deep State is doing, shall we? Here’s the Dow Industrials..….
0922-indu

Up over 5000 points since the election. My goodness. OK, how about the S&P 500?

0922-spx

Urf. OK. Well, let’s go broader still. What about the Russell 2000?

0922-rut

I see. Closing at the highest levels in the history of humanity.

Either the Deep State really, really sucks at what they do…………or else this whole notion of a secret, sinister committee was a big load of horseshit, kind of like how the Rothschilds control all the media and banking.

I’m guessing it’s the latter.