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Tag Archive for ‘budget’

Suckered

American voters got suckered again. Whether they voted for Republicans or Democrats. Doesn’t matter. The result is the same as it always is. Right after the election in “America’s Dirty Little Secret” I concluded: “And perhaps this is America’s real dirty little secret: The establishment always wins no matter who is president.” Consider both political blocks of mental permafrost: People who voted for Donald Trump to see the US retreat from the […]

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Empty Promises

Markets have been on a tear since election night. The principle reason: The perceived notion of another set of stimulus packages hitting markets during the next presidency. Specifically the notions of corporate tax cuts and increased infrastructure and military spending have sent financial and industrial stocks flying higher resulting in new highs on many indices. The global central bank inspired multiple expansion that has transpired in 2016 as a result […]

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