America

Submitted by Jeff Brown via The Saker,

Trump and Roosevelt: two peas in a pod?

For the record, I voted for Donald Trump. Not that I was in love with the guy. It was really a matter of default. On the Oklahoma state ballot, I had the choice of Hillary “Crimes Against Humanity + Here Comes World War III” Clinton, the Libertarian candidate Gary Johnson and Mr. Trump. I chose Trump, a populist, sometimes demagogue and buffoon, but a real outsider who might shake the establishment up.

As investors and traders, if we want to be good at what we do, we need to be objective.  We can't get emotional.  We all know this, but - it's not easy!  Humans are emotional creatures and that's why we trade algorithmic systems.  We want to make money, and not have huge losses.  The best methods that everyone agrees with - mostly - is the scientific method.  This includes simple deductive logic and reasoning.  "Belief" is not profitable in the markets.  "Hope" is not a successful strategy.  However, these themes pervade our culture, and especially our politics.  Why?

When it comes to the future of the US economy, capital markets, the strength of the dollar, and tax policy in general, few proposals are likely to have as much of an impact as the border adjustment tax, or BAT, which as we profiled before, could have a significant impact on the value of the dollar, pushing it as much as 15% higher, and leading to dramatic changes in global trade patterns. As a reminder, House speaker Paul Ryan is the primary advocate of the BAT, arguing this effective $1.2 trillion tax on imports is the only way Congress can pay for Trump's proposed massive tax cuts.

By Chris at www.CapitalistExploits.at

Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing.

Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity.

Democratic Senator and Hillary Clinton running mate Tim Kaine has called for a civil war in America to “fight the Trump administration”. On Tuesday’s Morning Joe show on MSNBC, Kaine said that members of the public should take to the streets and do everything they can to force Trump out of the White House. Thegatewaypundit.com reports: Partial Transcript: MIKA BRZEZINSKI, CO-HOST “MORNING JOE”: So, broad question about the future of the Democratic Party, especially given your firsthand experience with what we’ve all been through.