My title today derives from a quotation attributed to rear admiral David Farragut during the 1864 Battle of Mobile Bay. The actual sequence went more like this: “From his high perch, where he was lashed to the rigging of his flagship, USS Hartford, Farragut could see the ships pulling back. “What’s the trouble?” he shouted through…
Tag: Impeachment
Impeachment: Precursor and Aftermath
Introduction In this discussion the potential market impact of the run-up to an impeachment proceeding and the impact of an impeachment trial and removal from office of president Trump, I will do my best to keep it apolitical and factual. I will be speculating about possible outcomes and their impact on the market and the economy. I…
This market has never been about Donald Trump!
I have said this repeatedly in past kortsessions.com posts. What the strong market has been about is a growing economy (albeit not fast enough for some folks), low inflation, low interest rates, accelerating corporate earnings growth and a world-wide, synchronized economic recovery … oh, yes, for better or for worse, reduced regulation … something…