Charles Gasparino’s Post

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Author of the book on the radicalization of corporate America, "Go Woke, Go Broke," senior correspondent fox business at Fox News Media and NY Post columnist

I hate citing market related indicators when it comes to predicting an election but every one is pointing to a @realDonaldTrump victory including, ironically, trading in shares of @nytimes. It’s for the simple reason that traders believe being the loyal opposition will be profitable as I point out today in my @nypost newsletter On The Money today

With respect: this sounds like a stretch to me. By such reasoning you could as well say that Nasdaq FOXA should have gone down in value in recent weeks as Trump's supposed victory became clear (if it has!), as Fox News stands to lose that allegedly valuable oppositional position. But that hasn't happened. So, rise in FOXA value and rise in NYT value together indicates ... whatever you want it to! Which is probably why you wisely hate citing such indicators.

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