Post Monday: No Games from the Europeans and the Security Guarantees versus Territory Tradeoffs

Monday came and went uneventfully for market volatility in what is becoming another huge win for Trump. Let me de-compact some of the key macromarket factors at work here. First, and few people would have predicted this not so long ago Trump has not only not shattered the European--US alliance but strengthened it in ways … Continue reading Post Monday: No Games from the Europeans and the Security Guarantees versus Territory Tradeoffs

Checkmate: Trump Wins on Tariffs

I wrote in earlier posts about the genius of Trump's tariffs in turning globalism on its head reestablishing American hegemony, the swimming pool analogy of increasing private spending while decreasing public spending, and even the potential risks with tariffs if not correctly approached in posts on the counterfactuals and the potential "carpenter problem." Here I … Continue reading Checkmate: Trump Wins on Tariffs

Trump just might pull this off: The Genuis of Trump Tariffs, Part 3

In earlier posts we have discussed at a higher level many issues with tariffs. If you have been following this site you would have stayed far ahead of the curve in terms of the various events occurring and your understanding of these effects on the markets. You would also have known the counterfactuals that could … Continue reading Trump just might pull this off: The Genuis of Trump Tariffs, Part 3

Part 3: After Discussing the Genius of Tariffs, Now Let’s Consider the Counterfactuals

In two earlier posts I explained the genius of Trump's tariff strategy which are considerable. I also said this site was apolitical, though judging by some of the comments received you might not have believed me. I made the point repeatedly that wherever you fall on the political spectrum you need to understand the concepts … Continue reading Part 3: After Discussing the Genius of Tariffs, Now Let’s Consider the Counterfactuals

Turning Point Elections, the Overton Window, and the Great Manand Woman Theory of History

I recently read an excellent essay by a Hedge Fund CIO Eric Peters in which he correctly argues that Trump's election has thrown completely open the Overton Window and as I have been arguing for quite some time made politics or as this site calls it macro-politics essential for understanding market valuation. As he correctly … Continue reading Turning Point Elections, the Overton Window, and the Great Manand Woman Theory of History