If you think you’re hearing a wee bit of a mixed message emanating from households and businesses, you’re not losing your marbles. If the stars don’t align perfectly, if the sequel doesn’t best the original, smaller investors might want to wise up to the fact that they’re being hustled by the equivalent of professional gamblers.
The core thread of next year's relatively downbeat "surprises" from Seabreeze Partners' Doug Kass is that the crowd is wearing Trump-colored glasses and that the single-biggest surprise is how quickly the bloom comes off the Trump flower.
“You go and file a complaint in the United Nations, I will burn down the United Nations if you want,” Duterte said, quoted by the New York Times. “I will burn it down if I go to America. You United Nations, you do not know diplomacy. You do not talk to me like that, you son of a bitch."
Now that the shoe is on the other foot, many liberals all over America have suddenly become extremely interested in prepping. Fearing that a Trump presidency could rapidly evolve into a “Trumpocalypse”, a significant number of leftists are now stockpiling food, guns and emergency supplies.
We live in a time and within a culture where the best among us are thrown in jail, demonized or destroyed, while the worst are celebrated, promoted and enriched. Nothing more clearly crystallizes this sad state of affairs than the U.S. government’s ruthless war on whistle-blowers.
Since Trump’s election, the US stock market has climbed unstoppably along a remarkably steep path to round off at a teetering height. Is this the irrational exuberance that typically marks the last push before a perilous plunge?
"Markets don’t have a purpose any more - they just reflect whatever central planners want them to. Why wouldn’t it lead to the biggest collapse? My strategy doesn’t require that I’m right about the likelihood of that scenario. Logic dictates to me that it’s inevitable..."
Israel lashed out at the Obama administration "friends don't act that way" after Ambassador Power abstained (refusing to veto) as The United Nations passed a resolution demanding Israel to stop settlement building on occupied Palestinian territory. As NYTimes notes, the administration’s decision not to veto the measure broke a longstanding American tradition of serving as Israel’s sturdiest diplomatic shield, and defied extraordinary pressure from President-elect Trump.
Is this a full-blown mutiny? Or did Democrats just reach the fifth stage of grief - "acceptance"? In a NYTimes op-ed, they begin by claiming that "President Obama will be remembered as a thoughtful and dignified president, but admit his legacy regrettably includes the more than 1,000 Democrats who lost their elections during his two terms. Republicans now have total control in half of America’s states...Why such political carnage?"