This might seem like a chart of political polarization, and superficially that's clear, but the real polarization is economic-financial: there are two economies in America, and there's very little commonality in the two economies.
The Defense Department has not acted with the sense of urgency demanded by the president... if US-China relations plummet to the point where conflict appears imminent, America's military would be disadvantaged...
"We expect Congress to approve $700bn in additional fiscal support (vs. $1 trillion previously). If Democrats win both of the Senate seats in the Jan. 5 Georgia runoff elections - a 23% probability - our expectation would increase substantially."
"We have focused the short book on companies that have benefited from low bond yields and low commodity prices - utilities, private equity and infrastructure assets."
...after three years screaming about "Russian collusion" it appears the Evil Empire is about to regain its lost ground, championing new wars and more interventionist expansionism...
