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NEITHER TRUMP NOR OBAMA DESERVE THE PRIMARY CREDIT FOR THE CURRENT “BOOM”

Chris Temple 0

Among the ever more entertaining (and ever more disingenuous and childish) political discourse of recent days has been the public pissing contest between The Donald and his predecessor in the White House over who deserves the credit for the current boffo state of the U.S. economy and markets.

In this excerpt from the NEW ISSUE going out to our Members imminently, I go all the way back to the 1970's to show it is the behavior and policies of Fed Chairmen--not presidents--that dictate things.

And as for the latest two occupants of the Oval Office, while "Helicopter Ben" Bernanke (with Honorable Mention to Janet Yellen) provided a nice tail wind for the otherwise business unfriendly Barack Obama, it appears likely that current Fed Chairman Jerome Powell will sink otherwise business-friendly Donald Trump.

To read or download, click on the below:

Sept., 2018 Issue No. 2A

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