We have in front of us a big week. This may determine the course of the next year or so in the stock market, the economy, and in politics.
A lot is about to happen. Let’s run it down, day by day.
Monthly Archives: March 2018
I’ll Thrash the Economy For You! (?)
Over the weekend, financial markets were sleeping. They awoke on Monday as if the weekend was a bad dream, filled with chatter about a trade war and how it was actually a good idea.
It’s not a dream, it’s reality. But is this all a stupid attempt to promote a candidate in a tariff-loving industrial district that should be winning a lot bigger? Nevermind the unreality of it, including the fact that the Pennsylvania 18th is certainly going to go away with court-ordered redistricting. There’s a special election on 13 March, and losing it would be very embarrassing.
This might all be a show to avoid losing a place where Trump should be winning bigly.
Yes, But How is It All Screwed Up?
We’ve made the Barataria position very clear – that current federal policy is doomed to trash the stock market and somewhat damage the overall economy. That wasn’t talking about new tariffs, however. As the mechanism for screwing things up shifts, the predictions as to how it will all go down have to shift.
So here we are, trying to make some sense of the senseless. It’s more of a crapshoot every day.
Barataria - The work of Erik Hare 