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In the USA it seems like 'the worse the better'. Not much positive can be achieved with the malignant Trump Presidency dominating the scene. But the results of the 2018 election are a strong positive. The House of Representatives will be in Democratic hands in a week and the demise of the Trump Presidency becomes at least a possibility, depending on the results of the Mueller investigation and what comes out of House Committees, now that at least one branch of the federal government is out of Republican control. I will say this: at least it has been compelling to watch events unfold this year.

It is hard to know how the economy will fare in 2019. We have just avoided a full blown bear market by the rally today. On interday trading levels even the Dow turned bear, but a 1000+ pt rally saved the day. Dead cat bounce or the renewal of the bull? We may know by Friday. Stay tuned.

All else is truly unknown. Trump could do ANYTHING to distract from his own woes. Urgent situations could develop abroad that would be impossible to address coherently because TRUMP. So fasten your seat belts.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Dec 27th, 2018 at 01:10:55 AM EST

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