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Please excuse the absence of The Dismal Optimist over the last few months. I have been on my back “meditating” while recovering from a full knee replacement. I don’t recommend the latter. I confess to having voted for Trump in 2016. Year one of Trump brought all kinds of business-friendly measures including a tax cut, […]
The black swan theory is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. Old metaphor popularized by Nassim Nicholas Taleb For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars […]
If there is a deal [with China], it will be on Trump’s terms, not on Wall Street’s terms…Trump has done an amazing job. He doesn’t need the help of Wall Street, he doesn’t need the help of Goldman Sachs. The mission of these unregistered foreign agents [Wall Street types like Hank Paulson], that’s what they […]
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