NO KINGS useful idiots

A few months ago pundits were asking “why is Mr Trump escalating a trade war by threatening high tariffs on major trading partner’s imported copper and pharmaceuticals?” My thinking is, “why not?!” The economy, the market, and policy developments have been a wind in the President’s back. The threatened downslides have not materialized and the naysayers look pretty silly. Three months ago the stock and bond markets were in a free fall. We were told a recession is coming we should empty the sto...