Trump’s economy sits on the slopes of a rumbling volcano of debt And on the slopes of this Vesuvius stands the whole US capital structure, overpriced, overextended, and overdue for a correction.
I don't think Trump will be able to accomplish what he wants in his 4 years. The Dems are going to do as much damage to America as they can until Inauguration Day to spite Trump. I remember when W Bush beat Gore and teh CLinton Admin removed all the "W" keys from the White House keyboards, just childish. They don't care about the 99% that will suffer. Evidence of this is biden finally allowing zelenski to escalate the war with Russia leading to possibly WW3. Why didn't he do this before they lost the election, we all know the answer to that. Its simply to make Trump's task of bringing peace and stopping the deaths that only enrich the relites and zelensky that much more difficult so they and their mindless minions in the media can score points against Trump..
Well, Bill, your rant against DJT continues in earnest. At least you have quit picking on poor Kamala [you know you secretly voted to DJT, didn’t you]. Nevertheless, DJT is around for the next 4 years, if they don’t kill him in the interim, and you will have plenty of opportunity to take cheap shots at him. I’ve said this before, Bill, but once again: “How about dropping your disdain for DJT and give us perspective and advice on what you predict will be consequences of the upcoming administration. Do you think chopping off the Education Department is wise? How about other major cuts like in the Energy Department, Transportation, etc.? If any of these happen, what consequences might we expect? Any investment opportunities or reactions might we consider? You know, stuff like this that might actually have some positive impact on our financial status. Additionally, you mock the DOGE effort. Do you see any reality in cutting $2T from the federal budget? If so, why or why not? Do you think this is a scam just to get DJT elected or is there something positive to come from Musk and company’s promises? Do you think the debt will be reduced by their promised cuts or that that nasty DJT will just spend the extra money on other stuff? Frankly, I see lots for you to discuss with the proposed changes in government, and little to be gained by you just continuing your diatribe on DTJ. Come on man, give us something besides vitriol.
As Trump & Team start to force fruition in all the things they have promised, it is obvious that BPR is one SURE place where we won't hear about it. Pathetic and not why most of us are here. Bill, it would serve you well to remember that your core audience is not as uninformed, indoctrinated or stupid as the typical dimocrat voter...
Well said. Bonner does make some good points when not addressing Trump's positions, but he can't help inserting his sophomoric TDS TDS TDS TDS TDS as you so aptly point out.
Real quick (it's 12:30am here in Tokyo Japan )& my wife want me to "hit the hay!"
For some REAL insight into "what's going on" & what to expect from Trump's agenda & much bandied about Plan #... check out Adam Taggart's "Thoughtful Money" interview with Michael Every or <X@themichaelevery>. Very smart guy IMHO talks about Mercantilism (which has been around for several hundred years) & Balance of Trade (2,000 yrs) & is about not only Tariffs, but it's a 3 legged stool of Tariffs, Monetary Policy, Interest Rates (FX) , and TRADE. He also goes into the question everyone should be asking themselves (not only us but the Trump Secretaries) which is "What really is GDP?" If you think about the changes coming both positive & negative....you will understand the importance of this simple question. Hint also look at Balance of Trade & LOGISTICS...being particularly impacted by MAGA.
True. Not so simple. But in My mind simple is simple. Get rid of 99 percent of government and thing s become really simple. Then win , win deals will come. Freedom and liberty will take place . I see that in one hand money comes in and the other hand money goes out. Usually some where in between a little money stays in My "mattress". Sounds to simple ,but it is the elite that like to keep You and I under thumb. Will DJT be able to do this? One can only hope. But as has been said on the pages "hope" is not an investment!
It really seems to go well beyond that. BB has literally NOTHING positive to say about Trump. I can get that before the Election (maybe) - but with all of the specific Policy actions and Personnel selections we have seen since 05NOV24, there is really no reasonable excuse to remain so very, very negative. Bill doesn't need to sing DJT's praises, but for him to not even acknowledge the necessity, positivity and feasibility of some of the stated Actions to get us to worthy Goals (not to mention the People onboard the effort) - well, something is SERIOUSLY amiss here...
SE: We all see things differently. I think you go way too far with your Trump statements. Bonner isn’t strictly a Republican. You seem to definitely be one. I think disagreements are good. Who knows, I may be a Republican in the next election, if we ever have one.
Bill, the worst case scenario is WW3. You can always rebuild a new financial system. Once you escalate yourself to nuclear war there's no going back.
"By authorizing long range missiles to strike inside Russia, Biden is committing an unconstitutional Act of War that endangers the lives of all U.S. citizens. This is an impeachable offense, but the reality is he’s an emasculated puppet of a deep state."
Despite all the recent criticism of Bill he really nails it with this writeup. Just perfectly in my opinion !
Trump read the vast majority of the American populous in a clairvoyant fashion. He put together a brilliant team which should be able to dismantle the leviathan Deep State if ever it could be dismantled at this time in political space. But will it be dismantled? The Traitorous Democratic governors of failed states don't want to give up their lucrative and carefully constructed empires of elite disbursement. Who would, as they amass millions, of easily funneled money in their direction? They still have 30% of society wearing masks and willing to send their children off to war as true believers. Hey it took them years to build this well oiled machine so their certainly not going to give it up just due to their children. It is their God-given right to everyone else's money.
At the same time Biden gives Zelensky permission to launch missiles at Russia. I can see the Davosians sitting back with a bourbon this evening. These people are greedy psychopaths and no one expected they would stop their gravy train just because they were voted out of power. They might have to double their swiss army protection to 4000 troops next Davos congregation. Expect more absurd cards to be played. The irony of the DOGE name should inspire artists to create masterpieces that sell for millions.
So there are some clairvoyant investors that see what Bill sees, Warren Buffett being one of them. Sort of a strong recommendation for the Big Loss considering the best investor in the world puts his money directly out of the way of the Big Loss "possibility". It was considered note worthy when Warren put 125B out of the way but then he raised it to 165B and now again to 325B. Maybe a couple of the "always keep your money in stocks" Wall Street parade might take notice? Certainly with Wall Street's CFPlanner crowd supporting the "always higher" crowd the bull might carry on a bit higher. You know "It just needs a trigger" but I've seen situations where there was no apparent trigger in my estimation.
So when the lava covers the homes of the FOMO crowd it might just trap the participants inside, to be found by posterity. Which will most likely will completely miss the financial aspects of archeological analysis.
As I noted in another reply, Bonner does make some good points today as you note, but only when the upcoming Trump administration is not involved in his comments. Once he goes over that line, it's pure TDS - totally unbalanced, irrational, and a mishmash of incoherent thought - all for the sole purpose of trashing anything Trump. So, we will have to see what Trump does and evaluate it in a balanced, rational and coherent way. Trump has a mountain to climb for sure. I don't know if he is capable of climbing it, but I would say that looking at his cabinet appointments, he is on the right track. Will he follow through. Stay tuned as TDS Bonner would say.
Yes what will actually happen? I suspect and hope Bill is bringing attention to the difficulty of the situation the US is in. Something like this has certainly never been solved before, this amount of debt, and given the history of Congress it only seems like they will spend more incessantly. Furthermore my personal guess is that the debt will collapse i.e. stocks will collapse before Trump provides a solution. More likely that a stock collapse will come soon and the only "solution" will be to drive debt higher due to a society that desparately wants more spending artificial or whatever but more. That's what happened to Hoover.
Just a note about the Israelites and their journey into the promised land. They did fight the inhabitants of the land and conquered them. Why did they defeat them ? Because they were more evil than the Israelites, and a promise is a promise. These people, the Israelites were to be a "showcase" for lack of better words. Our Creator would teach them to be Holy and just. But like mankind , they thought they know better. There is more to this than what meets the "eye". I will not go further than this as this points out the folly of not understanding Our Creators plan.
I am long TSLA, BTC, SOL and many others, however, in a nod to the doom and gloom Bonner Team, a investment advisor yesterday pointed that NVDA is now worth $1 trillion more than the entire German stock exchange. This news sent a shiver down my spine. He thought this was a good thing.
For those not old enough to remember, the Japanese market had a single stock (NTT) in 1989 worth more that the entire Germany stock exchange. Germany was the leading export country in the world, a title it gave up in 2009 to China.
After this peak, the Japanese market decline 80%. 35 years later and the Japanese market is still lower than it was in 1989.
NTT was valued at $367 billion in 1989 and is valued today at $90 billion.
Buyer beware.
It's always "different this time." Yes, NVDA is a cutting edge AI powering company not a Telegraph and Telephone company, but this may still be a case of history does not repeat but rhymes.
Well I don't see what is "downright ugly" about Trump's team. Seems you should back that one up, Bill. First off none of them have been approved yet and all of them have some probability of being assassinated.
Now as to whether or not any of Donald's promises will come true? Well that's got the same probability that the stock market will incur the Big Loss given the past 30 years of history.
A recession is how a sick economy heals itself. Prolonging the treatment (i.e. Recession) just allows the illness to get worse. The sooner the deep recession arrives the better. Yes, the Boomers will bear the brunt of this recession. Tough shit, this is what indifference and indecisiveness gets you. Try to think pragmatically; this will be a great gift for your kids and grandchildren. Did you really think you'd live forever :-)
Not a prayer, it’s a song and a stare, a dance here and there, and much energy spent posturing without fostering favorable results for “we the people.” Please excuse my negativity. I do have hope, but, as I’m wont to recall, “hope is not a strategy.”
Lying, gaslighting and standing in the way are not "strategies" either. For the first time in DECADES we have given a mandate to a politician and group of professionals that actually want to put America First and see our Country prosper. Yet all some people can do is throw mud.
PS - I have to ask - why does the left hate America and Americans so fervently? Have they not been able to take advantage of Freedom and our Bill of Rights, just like the rest of us? Serious question...
"Why does the left hate America and Americans so fervently" you ask. Ayn Rand had an answer many decades ago - she said that they "hate the good for being the good". In other words, they hate virtue, they hate productivity, they hate success, they hate perseverance, hard work, etc., and explain it away as privilege or as luck, or as anything that does not require any effort. They do not give a flying f*ck about the Bill of Rights. They are philosophically collectivists, not individualists, and believe in the "Common Good" - which in reality means the good of some at the expense of others and also means that any particular individual can be sacrificed for the "common good" because the "common good" is what is important, not any particular individual. Hence, the carnage under communist, socialist, authoritarian and fascist regimes where millions have been murdered so that the nation, state, or society, etc. can benefit (supposedly). Under these regimes, the individual is disposable.
SB. This is why there is a sound off board in these pages. So You and I can state "our" opinions . I like to hear all sides . That way The blinders are taken off. You do know what blinders were used for?
Yes, I was talking to you, rKf (though I don't think you are necessarily a leftist - the PS was more rhetorical than aimed at you and I have edited the original post - apologies for getting personal) and you are right, Don - I let my emotions get away from me. The FREE EXCHANGE of ideas and opinions is what makes us the greatest Country on earth.
I am just beyond fed up with the near-constant negativity toward Trump and his policies from people/groups that either hate him or hate his supporters. There is an arrogant ignorance coming from so many before Trump has even had a chance to get started, but it is every Citizen's and Newsletter Author's Right to show those attributes if they choose...
Yes You and I are human. "darn". We do let Our emotions get in the way many a time. I agree , give DJT time. But Our patience will have to outlast the negatives. Change can come , look at Argentina. It is happening. Maybe not as fast as You and I would like, but it is happening.
Thank you. For a moment I thought you had fallen overboard; if so, my hope was that you were wearing your life jacket. I was poking fun at the generally stormy seas of political discourse. Often the bodies of water are more like sloughs or bayous of discontent. I’m more cynical or skeptical than negative, and I’m grateful for the results of the election. I’ll stop. As PM would say, “all the best.”
I'm the first to admit I suffer from extreme negativity bias when it comes to the U.S. Government. The problem with negativity bias is you end up manifesting your own destiny. To my knowledge we've never had a President bring something like DOGE to the table. This is our only option to proactively get out in front of the steamroller. Four years of Harris would have been an unmitigated disaster. Realistically speaking, Trump was our only option. Trump has my support, but I'll call him out when he ventures off the reservation. American's are celebrated for their tolerance. However, tolerance has a couple evil siblings; indifference, and indecisiveness. We always wait till we're at the precipice before reacting. DOGE is the only proactive option we have to get out in front of the oncoming credit crisis. Yes, the odds seem insurmountable. If Trump can deliver on just 25% of his promises we'll be way ahead of the game. This will give the country the taste of success and give them something to build upon.
Judging by the critics of Trump's administrative nominees he's off to a fantastic start.
I agree 100%. The more the media, the Democrats, the RINOs, and BB, say how much they don't like the people that DJT selected, the more we should be falling in behind them. DJT got the mic right now. The time for being friendly and social is over. Every stupid thing the current administration does between now and January 20th needs to be called out and exposed to the American People so they don't forget. The same group that has been torturing us the last 4 years, want to rub our faces in it as long into Trumps's term as they can. An of course as we all know, DJT will be blamed for everything after 1/20/25, by the same group.
I have no idea Mr Roberts about Mr Market. I think Mr Market will churn equities and be lure fishing for longer than I can remain solvent.
The Treasury bond vigilantes are entering the trade chasing interest move ups. The benchmark for small-cap stocks which reflects the economic health and performance of smaller businesses has about 47% of the Russell 2000 companies experiencing negative earnings or losses.
Trump was fooled by Fauci and Co. and sowed the seeds of his own demise with mail in voting fraud etc. but I think he has surrounded himself with better people this time. At least loyal people. None are DEI hires or woke so far so surely that's a good thing. Having that fat bloke who dresses up in an Admirals uniform as a health adviser must have some effect on you Bill, because it embarrasses the hell out of me as a display of American decline and I'm not an American! Perhaps in the spirit of improving things you could submit a list of choices that you would make if given the opportunity rather than knock someone else's. I mean, he has to start somewhere.
Don't worry, Bill, at some point somewhere down the road, you'll be correct in calling your bear market. But, markets thrive on liquidity, and the Fed has the market's back! Remember when they were raising rates in order to stifle inflation - to drive it back to their arbitrarily-decided just-right target of 2%? Hmmm...they never made it to that target before embarking on rate cuts again. Cheaper money is always an elixer to the stock market. It's very apparent that we're in a risk-on environment.
BILL, PERHAPS I AM WRONG, BUT I PERCEIVE YOU TO BE WALLOWING IN CYNICISM. THAT IS, TUNNELING THROUGH MOUNTAINS OF DUNG SEARCHING FOR THE DIAMOND. PLEASE LATCH ONTO YOUR POSITIVITY---WHICH YOU CLAIM TO HAVE, AND INSPIRE THE MINENGFES OF YOUR BRAIN AND THE BRAINS OF YOUR READERS TO FIRE WITH BRILLIANT IDEAS WHICH MAY MEANDER UP, DOWN, AND SIDEWAYS UNTIL THEY REACH THE BRAINS OF THOSE SOON TO BE RUNNING THE SHOW. PERHAPS WE CAN PRODUCE ANOTHER MODERN DAY MIRACLE, AND SAVE THE U.S. A., "ONE NATION , UNDER GOD", FROM THE ABYSS.
THE POWER OF POSITIVE THINKING, NORMAN VINCENT PEALE. IF A MAN CAN CONCEIVE IT, AND HE CAN BELIEVE IT, HE CAN ACHIEVE IT. AND, WE HAVE NOTHINF TO FEAR, BUT FEAR ITSELF, BOTH ORIGINALLY PENNED BY NAPOLEAN HILL. AND, BE OF SERVICE TO YOUR FELLOW MAN, BY WALTER HAANEL. AND, DO UNTO OTHRERS AS YOU WOULD HAVE THEM DO UNTO YOU, BY JESUS CHRIST.
GOD BLESS YOU ALL REAL GOOD. DO YOU REMEMBER LOUIE GOLDSTEIN FROM YOUR NECK OF THE WOODS? OR DO YOU REMEMBER RED SKELTON'S WEEKLY SIGN OFF? IT WAS SIMPLY, "GOD BLESS".
PERHAPS AMERICA IS RETURNING TO THAT FAITH OF OUR FATHERS. PERHAPS IT IS, "LIVING STILL". AND PERHAPS OUR YOUNG ARE TURNING FROM THAT GODLESSNESS OF MINDLESS ATHEISM WITH WHICH THEY HAVE BEEN SHAMEFULLY AND SINFULLY INDOCTRINATED SINCE AT LEAST 1965. ORA PRO NOBIS.
YES, MY FRIEND. WITH FAITH IN THE CREATOR, GOD, WHATEVER YOU PERCEIVE HIM TO BE. WE CAN FIND FAITH IN OUR FELLOW MAN. FAITH IN THE TRIUMPH OF GOOD OVER EVIL IN THE ETERNAL STRUGGLE. AND FAITH IN OUESELVES TO ASK THE RIGHT QUESTIONS AND TO RECEIVE THE RIGHT ANSWERS, AND THEREBY GARNER THE KNOWLEDGE AND TRUTH FROM WHICH TO ATTAIN THE WISDOM LEADING TO SALVATION OF OUR ETERNAL SOULS
FOR, "WHAT PROFITS A MAN IF HE GAINS THE WHOLE WORLD, BUT LOSETH HIS ETERNALSOUL?
IF Milei turns out to be the wise coxswain & messiah, it's a mystery why Argentina, a few months ago, transferred their Au to jolly old England, with the sun having set upon their empire after WW II?
I hope he counted his fingers after shaking those particular Limey hands - not to mention the necessary Forensic Audit of the Shiny when he goes back to retrieve it...
I don't think Trump will be able to accomplish what he wants in his 4 years. The Dems are going to do as much damage to America as they can until Inauguration Day to spite Trump. I remember when W Bush beat Gore and teh CLinton Admin removed all the "W" keys from the White House keyboards, just childish. They don't care about the 99% that will suffer. Evidence of this is biden finally allowing zelenski to escalate the war with Russia leading to possibly WW3. Why didn't he do this before they lost the election, we all know the answer to that. Its simply to make Trump's task of bringing peace and stopping the deaths that only enrich the relites and zelensky that much more difficult so they and their mindless minions in the media can score points against Trump..
Well, Bill, your rant against DJT continues in earnest. At least you have quit picking on poor Kamala [you know you secretly voted to DJT, didn’t you]. Nevertheless, DJT is around for the next 4 years, if they don’t kill him in the interim, and you will have plenty of opportunity to take cheap shots at him. I’ve said this before, Bill, but once again: “How about dropping your disdain for DJT and give us perspective and advice on what you predict will be consequences of the upcoming administration. Do you think chopping off the Education Department is wise? How about other major cuts like in the Energy Department, Transportation, etc.? If any of these happen, what consequences might we expect? Any investment opportunities or reactions might we consider? You know, stuff like this that might actually have some positive impact on our financial status. Additionally, you mock the DOGE effort. Do you see any reality in cutting $2T from the federal budget? If so, why or why not? Do you think this is a scam just to get DJT elected or is there something positive to come from Musk and company’s promises? Do you think the debt will be reduced by their promised cuts or that that nasty DJT will just spend the extra money on other stuff? Frankly, I see lots for you to discuss with the proposed changes in government, and little to be gained by you just continuing your diatribe on DTJ. Come on man, give us something besides vitriol.
Instead we get biased, irrational, unfounded and demonstrably 𝗨𝗡𝗧𝗥𝗨𝗘 statements like this:
"𝙏𝙧𝙪𝙢𝙥’𝙨 𝙥𝙤𝙡𝙞𝙘𝙮 𝙥𝙧𝙤𝙥𝙤𝙨𝙖𝙡𝙨 𝙖𝙧𝙚 𝙖𝙣 𝙞𝙣𝙘𝙤𝙝𝙚𝙧𝙚𝙣𝙩 𝙟𝙪𝙢𝙗𝙡𝙚 𝙤𝙛 𝙛𝙖𝙣𝙩𝙖𝙨𝙞𝙚𝙨, 𝙛𝙖𝙡𝙡𝙖𝙘𝙞𝙚𝙨 𝙖𝙣𝙙 𝙛𝙧𝙖𝙪𝙙𝙨 (𝙩𝙖𝙧𝙞𝙛𝙛𝙨, 𝙩𝙖𝙭 𝙘𝙪𝙩𝙨, 𝙚𝙛𝙛𝙞𝙘𝙞𝙚𝙣𝙘𝙮, 𝙬𝙖𝙧, 𝙙𝙚𝙥𝙤𝙧𝙩𝙖𝙩𝙞𝙤𝙣𝙨). 𝘼𝙣𝙙 𝙝𝙞𝙨 𝙩𝙚𝙖𝙢, 𝙤𝙧 𝙬𝙝𝙖𝙩 𝙬𝙚’𝙫𝙚 𝙨𝙚𝙚𝙣 𝙤𝙛 𝙞𝙩 𝙨𝙤 𝙛𝙖𝙧, 𝙞𝙨 𝙖𝙣 𝙪𝙣𝙧𝙪𝙡𝙮 𝙘𝙤𝙡𝙡𝙚𝙘𝙩𝙞𝙤𝙣 𝙤𝙛 𝙩𝙝𝙚 𝙜𝙤𝙤𝙙, 𝙩𝙝𝙚 𝙗𝙖𝙙 𝙖𝙣𝙙 𝙩𝙝𝙚 𝙙𝙤𝙬𝙣𝙧𝙞𝙜𝙝𝙩 𝙪𝙜𝙡𝙮."
As Trump & Team start to force fruition in all the things they have promised, it is obvious that BPR is one SURE place where we won't hear about it. Pathetic and not why most of us are here. Bill, it would serve you well to remember that your core audience is not as uninformed, indoctrinated or stupid as the typical dimocrat voter...
Well said. Bonner does make some good points when not addressing Trump's positions, but he can't help inserting his sophomoric TDS TDS TDS TDS TDS as you so aptly point out.
Real quick (it's 12:30am here in Tokyo Japan )& my wife want me to "hit the hay!"
For some REAL insight into "what's going on" & what to expect from Trump's agenda & much bandied about Plan #... check out Adam Taggart's "Thoughtful Money" interview with Michael Every or <X@themichaelevery>. Very smart guy IMHO talks about Mercantilism (which has been around for several hundred years) & Balance of Trade (2,000 yrs) & is about not only Tariffs, but it's a 3 legged stool of Tariffs, Monetary Policy, Interest Rates (FX) , and TRADE. He also goes into the question everyone should be asking themselves (not only us but the Trump Secretaries) which is "What really is GDP?" If you think about the changes coming both positive & negative....you will understand the importance of this simple question. Hint also look at Balance of Trade & LOGISTICS...being particularly impacted by MAGA.
Sounds simple, but it's not!
True. Not so simple. But in My mind simple is simple. Get rid of 99 percent of government and thing s become really simple. Then win , win deals will come. Freedom and liberty will take place . I see that in one hand money comes in and the other hand money goes out. Usually some where in between a little money stays in My "mattress". Sounds to simple ,but it is the elite that like to keep You and I under thumb. Will DJT be able to do this? One can only hope. But as has been said on the pages "hope" is not an investment!
I recently discovered Adam Taggart’s “Thoughtful Money” interviews on YouTube. Excellent. Well worth my time.
Nice post, Bill can't control himself like the rest of the dims. Sad place to get investment advice
Absolutely scathing rebuttal to Bonner. Unfortunately, Bonner is not remotely capable of answering any of your well thought out questions.
JG: Bonner is just being cautious!
Hi Dottie -
It really seems to go well beyond that. BB has literally NOTHING positive to say about Trump. I can get that before the Election (maybe) - but with all of the specific Policy actions and Personnel selections we have seen since 05NOV24, there is really no reasonable excuse to remain so very, very negative. Bill doesn't need to sing DJT's praises, but for him to not even acknowledge the necessity, positivity and feasibility of some of the stated Actions to get us to worthy Goals (not to mention the People onboard the effort) - well, something is SERIOUSLY amiss here...
SE: We all see things differently. I think you go way too far with your Trump statements. Bonner isn’t strictly a Republican. You seem to definitely be one. I think disagreements are good. Who knows, I may be a Republican in the next election, if we ever have one.
Bill, the worst case scenario is WW3. You can always rebuild a new financial system. Once you escalate yourself to nuclear war there's no going back.
"By authorizing long range missiles to strike inside Russia, Biden is committing an unconstitutional Act of War that endangers the lives of all U.S. citizens. This is an impeachable offense, but the reality is he’s an emasculated puppet of a deep state."
-Thomas Massie (November 18, 2024)
Bill, if you're listening (I can dream) please read this:
https://www.dailywire.com/news/heres-how-elon-musks-department-of-government-efficiency-will-work
It's astounding how when Trump starts to implement things that Bill says are crucially necessary, Bill can only mock and besmirch Trump.
It goes to show, once again, that money and/or experience don't equal Class...
Unfortunately, Bonner has a severe case of Trump Derangement Syndrome. When it comes to Trump, he cannot think rationally and logically.
JG: If you knew more about your “savior” Trump, you might think a little differently too.
Pffffffttttt. Strawman Alert - most of us here definitely know MORE about Trump than you, and perhaps even more than Bonner...
SE:
Pfffftttt: If you really knew more about Trump, you wouldn’t have voted for him!
Despite all the recent criticism of Bill he really nails it with this writeup. Just perfectly in my opinion !
Trump read the vast majority of the American populous in a clairvoyant fashion. He put together a brilliant team which should be able to dismantle the leviathan Deep State if ever it could be dismantled at this time in political space. But will it be dismantled? The Traitorous Democratic governors of failed states don't want to give up their lucrative and carefully constructed empires of elite disbursement. Who would, as they amass millions, of easily funneled money in their direction? They still have 30% of society wearing masks and willing to send their children off to war as true believers. Hey it took them years to build this well oiled machine so their certainly not going to give it up just due to their children. It is their God-given right to everyone else's money.
At the same time Biden gives Zelensky permission to launch missiles at Russia. I can see the Davosians sitting back with a bourbon this evening. These people are greedy psychopaths and no one expected they would stop their gravy train just because they were voted out of power. They might have to double their swiss army protection to 4000 troops next Davos congregation. Expect more absurd cards to be played. The irony of the DOGE name should inspire artists to create masterpieces that sell for millions.
So there are some clairvoyant investors that see what Bill sees, Warren Buffett being one of them. Sort of a strong recommendation for the Big Loss considering the best investor in the world puts his money directly out of the way of the Big Loss "possibility". It was considered note worthy when Warren put 125B out of the way but then he raised it to 165B and now again to 325B. Maybe a couple of the "always keep your money in stocks" Wall Street parade might take notice? Certainly with Wall Street's CFPlanner crowd supporting the "always higher" crowd the bull might carry on a bit higher. You know "It just needs a trigger" but I've seen situations where there was no apparent trigger in my estimation.
So when the lava covers the homes of the FOMO crowd it might just trap the participants inside, to be found by posterity. Which will most likely will completely miss the financial aspects of archeological analysis.
As I noted in another reply, Bonner does make some good points today as you note, but only when the upcoming Trump administration is not involved in his comments. Once he goes over that line, it's pure TDS - totally unbalanced, irrational, and a mishmash of incoherent thought - all for the sole purpose of trashing anything Trump. So, we will have to see what Trump does and evaluate it in a balanced, rational and coherent way. Trump has a mountain to climb for sure. I don't know if he is capable of climbing it, but I would say that looking at his cabinet appointments, he is on the right track. Will he follow through. Stay tuned as TDS Bonner would say.
Yes what will actually happen? I suspect and hope Bill is bringing attention to the difficulty of the situation the US is in. Something like this has certainly never been solved before, this amount of debt, and given the history of Congress it only seems like they will spend more incessantly. Furthermore my personal guess is that the debt will collapse i.e. stocks will collapse before Trump provides a solution. More likely that a stock collapse will come soon and the only "solution" will be to drive debt higher due to a society that desparately wants more spending artificial or whatever but more. That's what happened to Hoover.
Just a note about the Israelites and their journey into the promised land. They did fight the inhabitants of the land and conquered them. Why did they defeat them ? Because they were more evil than the Israelites, and a promise is a promise. These people, the Israelites were to be a "showcase" for lack of better words. Our Creator would teach them to be Holy and just. But like mankind , they thought they know better. There is more to this than what meets the "eye". I will not go further than this as this points out the folly of not understanding Our Creators plan.
I am long TSLA, BTC, SOL and many others, however, in a nod to the doom and gloom Bonner Team, a investment advisor yesterday pointed that NVDA is now worth $1 trillion more than the entire German stock exchange. This news sent a shiver down my spine. He thought this was a good thing.
For those not old enough to remember, the Japanese market had a single stock (NTT) in 1989 worth more that the entire Germany stock exchange. Germany was the leading export country in the world, a title it gave up in 2009 to China.
After this peak, the Japanese market decline 80%. 35 years later and the Japanese market is still lower than it was in 1989.
NTT was valued at $367 billion in 1989 and is valued today at $90 billion.
Buyer beware.
It's always "different this time." Yes, NVDA is a cutting edge AI powering company not a Telegraph and Telephone company, but this may still be a case of history does not repeat but rhymes.
Well I don't see what is "downright ugly" about Trump's team. Seems you should back that one up, Bill. First off none of them have been approved yet and all of them have some probability of being assassinated.
Now as to whether or not any of Donald's promises will come true? Well that's got the same probability that the stock market will incur the Big Loss given the past 30 years of history.
Judging by the critics, I'd say he's off to a fantastic start.
good point
Unfortunately, he’s going to be the next Hoover but with an inflationary depression instead.
A recession is how a sick economy heals itself. Prolonging the treatment (i.e. Recession) just allows the illness to get worse. The sooner the deep recession arrives the better. Yes, the Boomers will bear the brunt of this recession. Tough shit, this is what indifference and indecisiveness gets you. Try to think pragmatically; this will be a great gift for your kids and grandchildren. Did you really think you'd live forever :-)
Not a prayer, it’s a song and a stare, a dance here and there, and much energy spent posturing without fostering favorable results for “we the people.” Please excuse my negativity. I do have hope, but, as I’m wont to recall, “hope is not a strategy.”
Lying, gaslighting and standing in the way are not "strategies" either. For the first time in DECADES we have given a mandate to a politician and group of professionals that actually want to put America First and see our Country prosper. Yet all some people can do is throw mud.
PS - I have to ask - why does the left hate America and Americans so fervently? Have they not been able to take advantage of Freedom and our Bill of Rights, just like the rest of us? Serious question...
"Why does the left hate America and Americans so fervently" you ask. Ayn Rand had an answer many decades ago - she said that they "hate the good for being the good". In other words, they hate virtue, they hate productivity, they hate success, they hate perseverance, hard work, etc., and explain it away as privilege or as luck, or as anything that does not require any effort. They do not give a flying f*ck about the Bill of Rights. They are philosophically collectivists, not individualists, and believe in the "Common Good" - which in reality means the good of some at the expense of others and also means that any particular individual can be sacrificed for the "common good" because the "common good" is what is important, not any particular individual. Hence, the carnage under communist, socialist, authoritarian and fascist regimes where millions have been murdered so that the nation, state, or society, etc. can benefit (supposedly). Under these regimes, the individual is disposable.
Well written. Thanks .
SB. This is why there is a sound off board in these pages. So You and I can state "our" opinions . I like to hear all sides . That way The blinders are taken off. You do know what blinders were used for?
Yes, I was talking to you, rKf (though I don't think you are necessarily a leftist - the PS was more rhetorical than aimed at you and I have edited the original post - apologies for getting personal) and you are right, Don - I let my emotions get away from me. The FREE EXCHANGE of ideas and opinions is what makes us the greatest Country on earth.
I am just beyond fed up with the near-constant negativity toward Trump and his policies from people/groups that either hate him or hate his supporters. There is an arrogant ignorance coming from so many before Trump has even had a chance to get started, but it is every Citizen's and Newsletter Author's Right to show those attributes if they choose...
Yes You and I are human. "darn". We do let Our emotions get in the way many a time. I agree , give DJT time. But Our patience will have to outlast the negatives. Change can come , look at Argentina. It is happening. Maybe not as fast as You and I would like, but it is happening.
Thank you. For a moment I thought you had fallen overboard; if so, my hope was that you were wearing your life jacket. I was poking fun at the generally stormy seas of political discourse. Often the bodies of water are more like sloughs or bayous of discontent. I’m more cynical or skeptical than negative, and I’m grateful for the results of the election. I’ll stop. As PM would say, “all the best.”
Are you talking to me StarboardEdge?
Stup[d question !
I'm the first to admit I suffer from extreme negativity bias when it comes to the U.S. Government. The problem with negativity bias is you end up manifesting your own destiny. To my knowledge we've never had a President bring something like DOGE to the table. This is our only option to proactively get out in front of the steamroller. Four years of Harris would have been an unmitigated disaster. Realistically speaking, Trump was our only option. Trump has my support, but I'll call him out when he ventures off the reservation. American's are celebrated for their tolerance. However, tolerance has a couple evil siblings; indifference, and indecisiveness. We always wait till we're at the precipice before reacting. DOGE is the only proactive option we have to get out in front of the oncoming credit crisis. Yes, the odds seem insurmountable. If Trump can deliver on just 25% of his promises we'll be way ahead of the game. This will give the country the taste of success and give them something to build upon.
Judging by the critics of Trump's administrative nominees he's off to a fantastic start.
I agree 100%. The more the media, the Democrats, the RINOs, and BB, say how much they don't like the people that DJT selected, the more we should be falling in behind them. DJT got the mic right now. The time for being friendly and social is over. Every stupid thing the current administration does between now and January 20th needs to be called out and exposed to the American People so they don't forget. The same group that has been torturing us the last 4 years, want to rub our faces in it as long into Trumps's term as they can. An of course as we all know, DJT will be blamed for everything after 1/20/25, by the same group.
What goes up will go down. I wonder how long Mr. Market will stay aloft?
I have no idea Mr Roberts about Mr Market. I think Mr Market will churn equities and be lure fishing for longer than I can remain solvent.
The Treasury bond vigilantes are entering the trade chasing interest move ups. The benchmark for small-cap stocks which reflects the economic health and performance of smaller businesses has about 47% of the Russell 2000 companies experiencing negative earnings or losses.
Spectating from the Cheap Sideline Seats,
Mark
Trump was fooled by Fauci and Co. and sowed the seeds of his own demise with mail in voting fraud etc. but I think he has surrounded himself with better people this time. At least loyal people. None are DEI hires or woke so far so surely that's a good thing. Having that fat bloke who dresses up in an Admirals uniform as a health adviser must have some effect on you Bill, because it embarrasses the hell out of me as a display of American decline and I'm not an American! Perhaps in the spirit of improving things you could submit a list of choices that you would make if given the opportunity rather than knock someone else's. I mean, he has to start somewhere.
Don't worry, Bill, at some point somewhere down the road, you'll be correct in calling your bear market. But, markets thrive on liquidity, and the Fed has the market's back! Remember when they were raising rates in order to stifle inflation - to drive it back to their arbitrarily-decided just-right target of 2%? Hmmm...they never made it to that target before embarking on rate cuts again. Cheaper money is always an elixer to the stock market. It's very apparent that we're in a risk-on environment.
Maybe the DOGE can get rid of the Fed!
https://www.tbwns.com/2024/11/18/the-bears-lair-should-we-follow-ron-paul-and-end-the-fed/
FORGIVE CAPS--ALMOST BLIND
BILL, PERHAPS I AM WRONG, BUT I PERCEIVE YOU TO BE WALLOWING IN CYNICISM. THAT IS, TUNNELING THROUGH MOUNTAINS OF DUNG SEARCHING FOR THE DIAMOND. PLEASE LATCH ONTO YOUR POSITIVITY---WHICH YOU CLAIM TO HAVE, AND INSPIRE THE MINENGFES OF YOUR BRAIN AND THE BRAINS OF YOUR READERS TO FIRE WITH BRILLIANT IDEAS WHICH MAY MEANDER UP, DOWN, AND SIDEWAYS UNTIL THEY REACH THE BRAINS OF THOSE SOON TO BE RUNNING THE SHOW. PERHAPS WE CAN PRODUCE ANOTHER MODERN DAY MIRACLE, AND SAVE THE U.S. A., "ONE NATION , UNDER GOD", FROM THE ABYSS.
THE POWER OF POSITIVE THINKING, NORMAN VINCENT PEALE. IF A MAN CAN CONCEIVE IT, AND HE CAN BELIEVE IT, HE CAN ACHIEVE IT. AND, WE HAVE NOTHINF TO FEAR, BUT FEAR ITSELF, BOTH ORIGINALLY PENNED BY NAPOLEAN HILL. AND, BE OF SERVICE TO YOUR FELLOW MAN, BY WALTER HAANEL. AND, DO UNTO OTHRERS AS YOU WOULD HAVE THEM DO UNTO YOU, BY JESUS CHRIST.
GOD BLESS YOU ALL REAL GOOD. DO YOU REMEMBER LOUIE GOLDSTEIN FROM YOUR NECK OF THE WOODS? OR DO YOU REMEMBER RED SKELTON'S WEEKLY SIGN OFF? IT WAS SIMPLY, "GOD BLESS".
PERHAPS AMERICA IS RETURNING TO THAT FAITH OF OUR FATHERS. PERHAPS IT IS, "LIVING STILL". AND PERHAPS OUR YOUNG ARE TURNING FROM THAT GODLESSNESS OF MINDLESS ATHEISM WITH WHICH THEY HAVE BEEN SHAMEFULLY AND SINFULLY INDOCTRINATED SINCE AT LEAST 1965. ORA PRO NOBIS.
SINCERELY,
LIAM OF LIAM'S LADDER
Faith My dear friend "faith" . Not in man but Our Creator.
YES, MY FRIEND. WITH FAITH IN THE CREATOR, GOD, WHATEVER YOU PERCEIVE HIM TO BE. WE CAN FIND FAITH IN OUR FELLOW MAN. FAITH IN THE TRIUMPH OF GOOD OVER EVIL IN THE ETERNAL STRUGGLE. AND FAITH IN OUESELVES TO ASK THE RIGHT QUESTIONS AND TO RECEIVE THE RIGHT ANSWERS, AND THEREBY GARNER THE KNOWLEDGE AND TRUTH FROM WHICH TO ATTAIN THE WISDOM LEADING TO SALVATION OF OUR ETERNAL SOULS
FOR, "WHAT PROFITS A MAN IF HE GAINS THE WHOLE WORLD, BUT LOSETH HIS ETERNALSOUL?
SINCERELY,
LIAM
Yes, we do not want to lose Our soul!
IF Milei turns out to be the wise coxswain & messiah, it's a mystery why Argentina, a few months ago, transferred their Au to jolly old England, with the sun having set upon their empire after WW II?
London is where the LBMA is and I think it was to earn money from lending it out. I guess he is trying to reduce the interest on Argentinas loans...
I hope he counted his fingers after shaking those particular Limey hands - not to mention the necessary Forensic Audit of the Shiny when he goes back to retrieve it...