In individuals, insanity is rare; but in groups, parties, nations, and epochs, it is the rule.
– Friedrich Nietzsche, Beyond Good and Evil: Prelude to a Philosophy of the Future (1886)
You can feel it in his tweets.
The Donald is passing into distraction.
He was, strangely, on presidential-point for a spell late Wednesday night. He offered support to victims of fire on the West Coast, even noting that he “spoke to Governor Jerry Brown to let him know we are with him, and the People of California, all the way!”
He touted “Hire American” legislation that promises to put people – including those leaving prison – back to work: “new job, and new life.”
And then – just shy of 7:00 a.m. White House time – it all broke loose… In a series of five tweets ending around 10:00 a.m., the Donald seemed to reveal what Bubblevision’s politics outlets have been buzzing about for cycles now:
Meanwhile, if this keeps up, Prosecutor Mueller is going to take it as his time to save the republic for which he claims to stand from the president elected by the people in 2016 but definitely not by the House Dems of post-2018.
Attention will be his.
Indictments and reports will be filed.
And the Deep State will have its prey.
If the Donald didn’t sleep well last night, perhaps it’s because he gave himself over to Imperial Washington and, still, they’re turning him out.
And he’s frustrated he’s not getting the “easy money” Obama got.
Perhaps it’s just as well.
MAGA was never the answer – especially not after the Tweeter-in-Chief signed off on the GOP’s Fiscal Debauch. The Donald is actually making both the Warfare State and the Welfare State bigger, faster.
Indeed, pretty soon we’re going to be paying more to service our debt than we will on either the military or Medicaid.
As The Wall Street Journal so intrepidly notes, “Rising interest costs could crowd out other government spending priorities and rattle markets…”
As John McClane said in “Die Hard,” “Welcome to the party, pal!”
It is some dramatic irony, of course…
Here’s what I mean by that…
Had Imperial Washington allowed Wall Street to suffer the bleeding cure it desperately needed in September 2008, the Everything Bubble might not have happened, and the condign justice of a Trumpified White House might not have materialized.
Are You Insane?
Is it getting better? Do you feel the same?
If you’re suffering this losing streak for stocks, you’ve got no one to blame, not even Bubblevision.
About a decade ago Wall Street was desperate for a bailout. Imperial Washington gave it up, again.
The Federal Reserve is fixing to do the same on behalf of its ultimate masters – to save Wall Street that is, again… but only after the asset prices it inflated implode and CEOs and CFOs it enabled hack off jobs and factories to get back in line with expectations…
That means you’re in the crosshairs again, Main Street… This 3.9% unemployment will not last. History suggests it’s going higher, and soon.
It’s going to play out, wildly, on Wall Street. Don’t pay attention to what pops up on Bubblevision.
Do pay attention to how the people you elected to represent you actually perform once they get to Imperial Washington. Watch what they do. Do not watch what they say.
Let’s not repeat mistakes, again.
Our “survive and thrive” strategy includes an investment model with specific asset types and allocations by percentage. It’s intended to be flexible to suit your approach to the market.
And we will include tactical notes on particular investment vehicles that we surmise will help us accomplish our twin goals of protecting wealth and profiting opportunistically.