A Time Like No Other…

I will just list some key points to ponder:

1. This country has never seen a more manipulative White House. They will be very disruptive until more real market forces take hold, could be days, more probably months, or maybe even years.
2. Government economic over-reaction going back to the Bernanke QE’s have put a murky picture in the eyes of the investing public, especially the young public, those that turned 30 after 2008. They have seen nothing but over-reach, zero interest rates, loads of funny money, etc. To them the current White House is just bigger and better overreach.
3. All one can say is this will not end well, when real economics takes hold, but this will take time to evolve.
4. The current economist talk of current over-valued markets is true, but I think “you have not seen anything yet” is also true.
5. One other factor to ponder is that the current White House has a goal of moving money to the top. It behooves all investors to trade smarter than the manipulators. The investing public’s goal should be to move as much of the money to the bottom by riding and then exiting this chaos prior to the point at which the Big Guys try to exit. That is a tall order, but if successful the money to back the next political upheaval in a totally different direction is waiting to be secured.

On a totally different topic, Monetary Driver Research…

in my work on the monetary drivers for this stock market, the steep yield curves is by far the biggest driver, while gold is the biggest drag. In total the drivers are still sitting in the 2021-2025 quagmire, hoping for an upside breakout. This would most likely be based on a most improbable scenario, a collapse of gold.