Ultimately, the question is not whether there will be a disaster during Mr Trump’s time in the White House. It’s what kind of a disaster it will be.
Politics and History
Our editors look back to previous periods in politics and history to discover the parallels with today’s market and how this can help your investing.
History doesn’t repeat, as writer Mark Twain once wrote, but it rhymes. For an entertaining and informative romp through financial disasters and bull markets of yesteryear, plus the legendary investors who made a fortune and the foolish knaves who lost their shirts, read on…
It is almost as though they never intended to win. They know that the longer the war goes on, the more money flows into the swamp…and stays there.
The entire world has a debt problem — with $223 trillion in debt, about three times global GDP. The US has a big piece of that — $63 trillion of the debt.
Apply the Reagan administration as a frame of reference to compare president-elect Trump. Doing so we can see what expectations might be for the economy.
Fidel Castro was regarded as a revolutionary and a ‘change agent’. But he is better understood as a throwback, more of a counter-revolutionary than a real revolutionary.
In a country where roots meant almost nothing…Thanksgiving served to provide a unified, national myth…
The middle class got lower wages and more debt. The system is rigged in favour of the Establishment that runs it. Voters couldn’t sort out exactly how…
Election trading strategies ran into a pair of billion-dollar buzz saws, wielded by legendary stock trader Carl Icahn and hedge fund man Stan Druckenmiller.
By our estimate, we have about $35 trillion in excess debt. It’s a ‘debt bomb’ that will probably blow up in Mr Trump’s face.
Donald J Trump has promised to get the economy growing at a 4% annual pace. To do so, he will have to stimulate it somehow.
In an election, the majority vote tends to go to the highest bidder. What’s in it for me? Who promises to take less and give me more?
And now cometh to Washington Mr Donald J Trump. He has promised to ‘Make America Great Again,’ with an annual GDP growth rate of 4% a major part of the greatness, redux.
Trump based his economic program on deregulating the economy to create middle class jobs. In contrast, Clinton’s vision is built on technology and finance.
Mr Trump may be impetuous and unpredictable. But the economic policies of his administration are not. In fact, he has little choice…