Echo’s of Watergate…

These days I am embarrassed at what is important to analyze the markets. When I look back at my college classes of the mid-1960’s I find that the industrial psychology, logic, and marketing courses have been far more significant than the economics courses I took. Going back to the early 1970’s Chicago Trading floor days brings back the Chaos of the later Nixon Years, when stupid stuff like Price Controls were tried, much like the Tariff stupidity of today. One had to keep one eye on Washington in terms of market recommendations, just as you do today.

But this will all end, probably more spectacularly than Watergate, maybe it will be called Mar-a-Lago Gate, but the underlings like Stephen Miller will end up in prison, and the instigator will hide in disgrace.