Be kinde to folk. This changeth the whole habitat.
- Manlobbi
Investment Strategies / Mechanical Investing
No. of Recommendations: 1
" In the final analysis, I believe the election was primarily a verdict on the economic failures of the past four years, with social and foreign policy issues taking a back seat in the minds of most voters. Many citizens who previously were reluctant to vote for Mr. Trump changed their mind this time. I count myself among this reluctant group. From an idealistic perspective, voting for the "lesser of two evils" is not an attractive prospect, but sometimes the stakes are too high to cast a protest vote. Time will tell whether the majority of citizens were justified in giving Donald Trump another opportunity to serve as our President."
https://rationalwalk.com/donald-trumps-resounding-...
No. of Recommendations: 32
In the final analysis, I believe the election was primarily a verdict on the economic failures of the past four years, with social and foreign policy issues taking a back seat in the minds of most voters.
There may be something to this. As the biggest single item, voters really *hate* inflation. (And generally don't notice when it stops, as prices are still higher than they remember)
It's interesting to note that these big economic issues, notably inflation, are pretty much global in nature lately rather than local to any given country. Not coincidentally, this has been a year that an unusual number of countries have had either elections or "elections", and that incumbents have been tossed out in a very large fraction of them, apparently for much the same reason.
Another common thread is reactions against immigration (legal or illegal or refugee) perceived to be beyond what's reasonable. It's not a thing that a country is entirely powerless to do something about, but big increases are, like inflation, a pretty much global phenomenon. Chinese competition and antipathy are similar widely common threads.
It seems like folks are blaming each individual player in the orchestra for a bad performance, when it was really mostly just a bad composition they were performing. The global year of "toss da bums out".
Jim
No. of Recommendations: 0
As the biggest single item, voters really *hate* inflation.
THE FED WILL BE RESTRUCTURED
SOUND $ returning
Obvious now
Gold and or bitcoin will play a role
No. of Recommendations: 19
SOUND $ returning
It may return as a desire, even as a goal, but may not return as a reality. The best way to have a sound dollar is fiscal and monetary restraint---not to let deficits, debt, and the money supply explode. Stated policies seem more in the reverse direction.
As a non-US person investing in the US, I rather expect a falling dollar as a baseline - with inflation picking up as both cause and effect of that. A stock may go from $100 to $110 while the dollar's purchasing power goes from €0.93 to €0.84, making it a wash for wealth.
Jim
No. of Recommendations: 0
FED is finished
Endless $ printing finished
People are CLUELESS as to what is coming: Complete deconstruction of administrative state and Justice phase.
Bill Gates has a BIG problem.
No. of Recommendations: 1
As a non-US person investing in the US, I rather expect a falling dollar as a baseline - with inflation picking up as both cause and effect of that. A stock may go from $100 to $110 while the dollar's purchasing power goes from €0.93 to €0.84, making it a wash for wealth.
But like everything else, it all depends on the alternatives. For example, if in the USA you invest in a stock and it remains flat while the US$ drops as described, and if the alternative is that you invest €93 locally and it drops to €84 then you experience the same effect. It's also not a complete "thought experiment" as the growth in the USA has indeed been higher than Europe for a couple of decades now. Investing in Asia probably had a higher return, but it comes with certain specific risks (nationalization, or effective 'shadow' nationalization, to extract much of the profit).
Interestingly, the US$ over the period of rapidly increasing US debt (let's say last 20 years or so?) seems to have been relatively stable against the Euro. Maybe varying from the low of .60s in summer of 2008 to a high of about 1.00 in fall of 2022. But it's been reliably in the mid-70s to low-90s over all those years for the vast majority of the time, with a few peaks and troughs, but that's not a particularly high variance.
No. of Recommendations: 3
" It seems like folks are blaming each individual player in the orchestra for a bad performance, when it was really mostly just a bad composition they were performing. The global year of "toss da bums out".
Joe represented he would be a one term pres and then turn the job over to younger talent within the party. HE turned on that pledge, guess WHO allowed him to break that pledge? This disaster is 100 percent on Jill, end of story. He should have agreed to not run again, 18 months ago.
No. of Recommendations: 0
CrankyCharlie
Not knowing what a "sound $" meant I went searching and it seems to have different meanings for different people. Stable value against a given yardstick (gold, perhaps crypto, a basket of goods, or other currencies). Some think of a fixed amount of money in circulation but I am not sure how money is defined in this case.
What is your opinion on what a sound dollar means?
Aussi
No. of Recommendations: 12
Another common thread is reactions against immigration (legal or illegal or refugee) perceived to be beyond what's reasonable. It's not a thing that a country is entirely powerless to do something about, but big increases are, like inflation, a pretty much global phenomenon.
As the Saint Mel Brooks (MPBUH) parable went:
“Sir, The Peasants Are Revolting”
“You Can Say That Again”
As was often the case, Saint George Carlin (RIP) nailed it. "It's a big club, and you ain't in it."
It's not just the US, it's pretty much all the West countries. The people who go to Davos and WEF.
More full quote: "It's a big club, and you ain’t in it. You and I are not in the big club. And by the way, it's the same big club they use to beat you over the head with all day long when they tell you what to believe. ... The game is rigged, and nobody seems to notice, nobody seems to care. Good honest hard-working people -- white collar, blue collar, it doesn’t matter what color shirt you have on -- good honest hard-working people continue -- these are people of modest means -- continue to elect these rich cocksuckers who don’t give a fuck about them. They don’t give a fuck about you."
No. of Recommendations: 7
Joe represented he would be a one term pres and then turn the job over to younger talent within the party. HE turned on that pledge, guess WHO allowed him to break that pledge? This disaster is 100 percent on Jill, end of story.
Joe shouldn't have run in the first place. He was in dementia (perhaps early) when he took office.
He was a puppet, run by who-knows-who.
The Jill thing was interesting. I said back in 2020 that it was going to be interesting to watch the battles, Jill vs. the Clinton/Obama faction. I knew from what happened with President Wilson when his wife Edith Wilson became the defacto power that Biden's health would be hidden, same as Wilson's and Roosevelt's was. The wives really enjoy their power, and will fight fight fight to keep it.
Their pyrrhic victory in 2000 was dumb. They had Trump trussed up like Gulliver. If they had not played games, Trump would be ending his 2nd term now, after being muzzled for 8 years. The Democrats would now (2024) have a strong, not old, not demented candidate and would probably win.
Now he knows their game, knows who were the RINOs, knows there were traitors in his own party, and may well be out for revenge.
The thing about these people -- the one in the big club that we ain't in -- is that they don't look past the first move. I recognized that 30-40 years ago. They never look at what will happen after the first move.
