America

Submitted by Michael Snyder via The Economic Collapse blog,

Submitted by Patrick Buchanan via Buchanan.org,

The never-Trumpers are never going to surrender the myth that Russian President Vladimir Putin ordered the hacking of Hillary Clinton campaign chairman John Podesta and the Democratic National Committee to defeat Clinton and elect Donald Trump.

Their investment in the myth is just too huge.

After saying in 2008 that, "for the first time in my adult life, I'm proud of my country," Michelle Obama, after spending 8 years in the White House, has declared to Oprah that Trump's election marks the end of "hope" for America and, as such, was an extremely "painful" experience for her to endure on November 8th. 

But before we progress, here is a short blast from the past to set the tone:

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.

Donald Trump has tabbed Andy Puzder to lead the Department of Labor. Puzder is the CEO of CKE, the restaurant outfit (read: Hardee’s and Carl’s Jr.). CKE, thanks to Puzder saving it from the bankruptcy hammer, employs 75,000 workers (read: jobs). Puzder knows that “high” minimum wages, such as the $15 per hour one thrown around by progressives, is a job killer for those with poor job skills.

For evidence that the market bears are all but extinct look no further than the latest letter from erstwhile bear Bob Janjuah, in which the Nomura strategist throws in the towel in a near-term correction and predicts that "the trends over H1 2017 should be higher (especially US) equities and yields, steeper curves, a stronger USD, and mixed performance in credit (especially in the IG sphere) and EM.