At an Iowa rally earlier today, Donald Trump made the arrogant claim "I could stand in the middle of 5th Avenue and shoot somebody and I wouldn't lose voters."

CNN reported Trump refused to clarify what he meant.

Donald Trump boasted Saturday that support for his presidential campaign would not decline even if he shot someone in the middle of a crowded street.

"I could stand in the middle of 5th Avenue and shoot somebody and I wouldn't lose voters," Trump said at a campaign rally here.

After the event, Trump declined to answer when asked by CNN to clarify his comments.

Teflon Trump

At what point does making arrogant, seemingly idiotic statements matter?

No doubt his campaign is working on damage control now.

Here's the likely explanation: "Trump was obviously referring to being attacked and responding in kind."

Reaction So Far - Positive

Then again, perhaps Trump can just brush it off. NPR has this Report on Trump .

NPR's Don Gonyea reports that so far, the reaction to Trump's remarks has followed a familiar pattern.

"His audiences love it. His opponents try to use it against him -- but so far, to no avail," Gonyea reports. "I talked to some of his supporters and they say, 'Yeah, sometimes he makes me cringe, but I still like him and I still think he's the right thing for America.'"

One supporter, who spoke to ABC News, said he found Trump's point clear -- but mentioned Trump could have articulated it differently.

"He probably could've worded it a little bit better," campaign volunteer Brandon Fokkema said.

Fed Up

One thing's for sure: Former New York City mayor, Michael Bloomberg is so fed up with both Democratic and Republican candidates, that despite the longshot odds, Bloomberg Contemplates Running for President as Independent .

By Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

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Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management . Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Visit Sitka Pacific's Account Management Page to learn more about wealth management and capital preservation strategies of Sitka Pacific.

I do weekly podcasts every Thursday on HoweStreet and a brief 7 minute segment on Saturday on CKNW AM 980 in Vancouver.

When not writing about stocks or the economy I spends a great deal of time on photography and in the garden. I have over 80 magazine and book cover credits. Some of my Wisconsin and gardening images can be seen at MichaelShedlock.com .

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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