US polls worry markets; NZ shines amongst the gloom; China doubles down in investment-led growth; US Fed signals December rise; UST 10yr yield at 1.80%; oil down, gold up; NZ$1 = 73 US¢, TWI-5 = 76.7

Vote against status quo, that I understand, that it's manifesting in Trump I most certainly do not. It is just barmy stuff, and part of me wonders if it goes no further than the US right wing unable to accept a female president following a black one. In fact, I would hazard a guess and say much of Trump's vote comes from precisely that attitude.

@ kiwimm
The next cycle will be too late, its now or never. In fact now maybe too late... it needs a number of years to fully change direction if they leave it too late it will never happen, they will be too far gone. Trumps not ideal but its a freak an outsider got this far, its unlikely to happen (or be permitted to happen) again.

..for some it can get no worse...so making it worse for the establishment give them some comfort.

Exactly what will happen here unless this govt does not wake up to the fact its not here just to support farmers and landlords.

email I just got from family member living in the US ...

" Im just ready for it to be over! I cant handle the stupidity of the people here. X's friend went and voted the other day. X asked her who and she didn’t know. She said “I voted for the republic”….what the hell does that mean? X asked her about other candidates and she said “but they are democrats?”. Basically her mom told her to go vote republican and Trump. She is 25 "

Yes, but in an OBR event, you own the car but the valet can withhold your use of it until they become solvent again.

This might be ideal but the fact is that putting your money in a bank is not a bailment, the simple fact is that it ceases to be your money, . As has been long established (from Foley vs Hill):
“Money, when paid into a bank, ceases altogether to be the money of the principal; it is by then the money of the banker, who is bound to return an equivalent by paying a similar sum to that deposited with him when he is asked for it. The money paid into a banker’s is money known by the principal to be placed there for the purpose of being under the control of the banker; it is then the banker’s money; he is known to deal with it as his own; he makes what profit of it he can, which profit he retains to himself, paying back only the principal, according to the custom of bankers in some places, or the principal and a small rate of interest, according to the custom of bankers in other places. The money placed in custody of a banker is, to all intents and purposes, the money of the banker, to do with it as he pleases; he is guilty of no breach of trust in employing it; he is not answerable to the principal if he puts it into jeopardy, if he engages in a hazardous speculation; he is not bound to keep it or deal with it as the property of his principal; but he is, of course, answerable for the amount, because he has contracted, having received that money, to repay to the principal, when demanded, a sum equivalent to that paid into his hands.

...and they know Trump will receive media scrutiny. Hillary couldn't even have a debate without cheating. Still waiting for someone in MSM as to why she even accepted the town hall questions in advance and didn't just do the honourable thing.

https://www.washingtonpost.com/lifestyle/style/cnn-drops-donna-brazile-…