Uh oh… here’s tech showboat, Cathie Wood: ‘The Reagan revolution extended through President Clinton’s administration, leading to lower taxes, stronger GDP growth, and a bull market rewarding active equity management that lasted nearly 20 years. We believe that this bull market has just begun to broaden out.’ Morning in America? Better check the clock. Donald […]
By Bill Bonner,
Last week, we looked at the likelihood of a genuine turnaround in the US. Many people expect it. Many hope for it. And many believe Donald Trump is the man to do it. The best case is a solid boom…like the one set off by Ronald Reagan in 1980…that lasted for 40 years. But if […]
By Bill Bonner,
‘Don’t accept your dog’s admiration as conclusive evidence that you are wonderful.’ Ann Landers Sitting next to us in a Bedford Street coffee shop was a large middle-aged woman with a small dog on a leash. ‘Here darling… have some of this.’ She was feeding the dog a ham and cheese croissant… the same thing […]
By Bill Bonner,
‘The plum falls from the tree when it is ready’ A long-dead Chinese philosopher? We return to the question: What if Donald Trump really could turn things around? Recall that the Primary Political Trend in the US, at least since the end of the Carter Administration, has been toward more concentrated power in Washington, bigger […]
By Bill Bonner,
When Mr. Trump spoke of a Golden Age in his victory speech, we immediately thought of the Golden Age of Greece…when Pericles delivered his famous funeral oration. Athens was at war, and many people thought they should give it up, sue for peace…and get back to work. Not Pericles. He saw an opportunity to Make […]
By Bill Bonner,
‘As democracy is perfected, the office of the President represents, more and more closely, the inner soul of the people. On some great and glorious day, the plain folks of the land will reach their heart’s desire at last, and the White House will be occupied by a downright fool and a complete narcissistic moron.’ […]
By Bill Bonner,
‘“I will not rest until we have delivered the strong, safe and prosperous America that our children deserve and that you deserve,” said Donald Trump in his victory speech. “This will truly be the golden age of America. That’s what we have to have. This is a magnificent victory for the American people that will […]
By Bill Bonner,
‘It should come as no great surprise that a Democratic Party which has abandoned working class people would find that the working class has abandoned them.’ Bernie Sanders Last weekend included long overdue visits with neighbours and cousins. ‘I started out growing tobacco, too’, said an old black man from across the road. We reminisced, […]
By Bill Bonner,
‘That’s it. I’m voting for Trump.’ Such were the words of [a member of our own household] when she got back from the grocery store on Monday. ‘I got a single bag of groceries. I’m sure it would have cost me about $50 a few years ago. Now, it’s $120. It’s no wonder Trump has […]
By Bill Bonner,
‘Yes, I know I’ve been untrue ‘And I have hurt you through and through ‘But please have mercy on this heart of mine ‘Take me back and try me one more time’ Ernest Tubb Finally, the election fever has broken. The sun still shines. The world still turns. Beer still goes flat. The nation has […]
By Bill Bonner,
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