Look, I don't care if Wall Street disappears over the horizon and never comes back, but, the Trump administration needs a session with Chairwoman Yellen, like it or not.
This is not difficult; when the USA Dollar drops the national debt and deficit goes up without spending another dime.
One of the nonsense issues that always plays out with presidents and the media is the CONFIDENCE of Wall Street to make investments. Do I care about Wall Streets' confidence? No. What I do care about is the stability of the USA Dollar. The USA is a steadfast democracy with strong capitalism as it's economic basis. That should be enough to anchor the USA Dollar as a sound investment in any market. Our USA Bonds are the best in the world when it comes to stability, but, what can impact the dollar are stupid investors.
January 23, 2017