It is a surprise that nobody has taken that novelty Christmas song about the Dr. Seuss character who did not like the Who having Christmas and simply substituted ‘Mr. Trump’ for ‘Mr. Grinch.’
But here it is Christmas and it is the proper thing to find something nice to talk about. We simply cannot have Grinchy topics over our turkey dinner. It would not be appropriate. And it could cause indigestion.
So, we have searched hard and long and we finally found something nice to say about Mr. Trump. He might be a greedy bugger but his greed is paying off for me. Have you seen the stock market recently?
I think I finally got some improved earnings in a surprisingly robust market. It is my first substantial raise in earnings in the last 30 years. I used to think I had the anti-Midas touch when it came to the stock market. Anything I touched immediately changed to dust.
You really got to hand it to that slimy bastard Trump. He insults world leaders, toys with despots, defies Congress and scares the Fed. He thinks he can bully the bankers to keep down interest rates.
And it worked, we have a hot market heading for the election in the United States in November 2020. After that, all bets are off. All that Trump is focussed on is getting re-elected. A hot market up to then can help him.
He promised those dummies who supported him that he would make America great again. So far it has been fabulous for multi-millionaires and not-so-bad for us retirees. (And I’m only really getting the spillover to the Canadian market.)
But as a consequence, he has also got more people working in America and he has had to cool it on the trade wars because it finally got through to him that trade wars stifle growth.
Mind you, don’t let the Christmas spirit get you saying anything you might regret next year. Americans still have to get rid of that cretin Trump next November.
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Copyright 2019 © Peter Lowry
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