Posted on Saturday, February 25th, 2017
The Trump Rally continues as we expected. Given our thesis in our January Letter the possibility of a policy error by the Federal Reserve and/or the Trump Administration looks to be increasing. We believe that a policy error could set the stage for a substantial rally and then fall ala 1987. 1987 should not be… read more.
Posted on Saturday, February 4th, 2017
All eyes are on Trump and Washington DC as the Trump Train rolls through our capital. Trump has been even more aggressive in using Executive Orders and in speaking to foreign leaders than most suspected and that has the Street on edge. Maybe we need to rename the Trump Train to the Trump Bulldozer. While… read more.
Posted on Saturday, January 21st, 2017
“Is Trump aggressive and thoughtful or aggressive and reckless?” – Ray Dalio Davos World Economic Forum 1/18/17 And we sit and we wait. How will Trump preside? The market and market players would have been more at ease with a Clinton presidency. She would have been easier to predict. Trump is different. He does not… read more.