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Category Archives: Uncategorized
T-Shirt Of The Day: We Want One!
Is Blue Horseshoe the secret service’s code name for President Trump? Just askin’. Then there is this on Uncle Carl Whoops! Hat Tip: Tom Hearden
Posted in President Trump, Uncategorized
Tagged Anacott Steel, Blue Horseshoe, President Trump
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How President Reagan Tried To Help The Steelworkers
In general, trade benefits the great majority of the population by increasing real incomes, and creates many more jobs than it destroys, but a small minority become losers from increased trade. The winners should, or have a duty to compensate … Continue reading
Posted in Economics, Uncategorized
Tagged Free Trade, Reagan, Steelworks, Tarrifs, Trump
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[Dangerous] Tweet of the Day
Yikes! Buckle up, folks. When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with … Continue reading
Posted in Politics, President Trump, Uncategorized
Tagged President Trump, Trade War, Tweets
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Steel Yourselves
We almost got the Jackie Moon moment – i.e., a panic sell-off – which we warned about in our early morning post if trade tariffs were announced today. We believe a five percent one day downdraft would constitute a Jackie Moon … Continue reading
Posted in Equities, Uncategorized
Tagged 1962 bear market, JFK, S&P500, Trump Tariffs
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Feels Like Jackie Moon Moment Coming
Markets are going to start to fret over potential trade wars after steel and aluminum tariffs are announced by Trump Administration. Our Steel and Aluminum industries (and many others) have been decimated by decades of unfair trade and bad policy … Continue reading
Posted in Uncategorized
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Charles Dickens 2.0
This is a f**ling outrage! Straight out of a Dickens novel. Don’t these idjits understand they are sowing the seeds for a mega-mega political backlash? Can you hear Karl calling? Or is that Marie trolling us? Rex Iverson committed suicide … Continue reading
Posted in Uncategorized
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POTD: DoJ Flipping Off The President?
It is heating up, folks. Keep it on your radar. Scoop: Besieged Sessions dines with Rosenstein If Donald Trump finally follows through on his rage and fires Jeff Sessions, the image with this story will be printed in history books. Tonight … Continue reading
JFK-Trump S&P500 Analog – Five Basis Points On Day 328
After 328 trading days since election day, the Trump S&P500 sits right on top of the JFK S&P500. That is the performance of the index, 328 trading days after the election day of each president, is less than five basis … Continue reading
QOTD: On Fed Chair, Jay Powell
Larry Kudlow just on CNBC quoting President Trump after interviewing Jay Powell for the Fed chair: “The guy looks like a central banker.” – President Trump (via Larry Kudlow) (QOTD = Quote of the Day)
Posted in Monetary Policy, Quote of the Day, Uncategorized
Tagged Jay Powell, Larry Kudlow, President Trump
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