We have a simple thesis that is being reinforced by each new appointment or policy utterance of the nascent Trump Administration. Namely, there's going to be a fiscal bloodbath in 2017, not a giant Trump Stimulus. And it is in the vasty deep of the ultimate beltway swampland----the Pentagon----where the Trump Reflation fantasy will sink into oblivion.
Trouble In Trump World---Too Many Generals When The Pentagon Is The "Swamp"
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.