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the new policy stance of the BO) and the fiscal stimulus will push growth and
the Trump victory turbo charged the move. As the chart
the specter of billionaire pedophile Jeffrey Epstein
Donald Trump brought along four women who have
which had a picture of George Washington crossing
out of control) expressed our concern regarding a recovery built upon a stimulus machine.
given its negative impact on spending; the political divide in Congress over how to deal with falling government
but we expect the same to happen this time.
and hedge funds. Over the last couple of years
low P/E multiples and strong earnings. Instead
out of concerns about the macroeconomic landscape (weakness in the West
I made the following decision: we would risk underperforming if there was a strong equity
we should not start buying anything just
since President Clinton would not want to see a nuclear power like Russia slide back into Soviet rule
when the accepted mantra was that the US would bail out Russia and Boris
US politicians or European regulators. If we get to the point
which is enough of a problem given the low job creation that entails. Note that the CBO
after which we took portfolio decisions to back that
if anyone wants it). The “Sick Men of Europe” paper from