The economy is strong and the stock markets continue their frenetic upward journeys. This is not very likely to change over the next 10 months, which means that it will prevail at and up to the 2020 Presidential election. What started as a recovery from the worst economic recession since The Great Depression during the 2nd half of Barak Obama’s first term, continued on into the 2016 election, which graced us with Donald Trump as our 45th President, as a full-on Bull Market. His tax cuts on corporate profits laced bull’s feed with copious amounts of amphetamines, which shifted the recovery into hyperdrive. The markets will, as they always do, correct themselves to more appropriate values, but like a speeding train, it takes some time to harness enough gravity for them to slow down. Trump’s economic policy pushed the Financial Markets to levels which far exceed the values of their underlying constituents, giving them much further to fall when the bubble bursts. The challenge is how to c
These are amongst the events that demonstrate how the Trump Presidency seeks to dismantle the tenents of our Democracy piece by piece, kinda' like being plucked to death by ducks. I'll point to them when my children and grandchildren ask me what I did to oppose this vicious attack on our Republic.