tag:blogger.com,1999:blog-6616959642391988608.post5490320261995598361..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Tracking Trump with themes and chartsScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-6616959642391988608.post-86946937812959903722016-11-24T09:18:58.546-08:002016-11-24T09:18:58.546-08:00Ooops, I meant that over the long-term bond price ...Ooops, I meant that over the long-term bond price and stock price moved in same direction.Bryonhttps://www.blogger.com/profile/02712221999184674232noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55445053145623933352016-11-24T09:03:53.733-08:002016-11-24T09:03:53.733-08:00I am biased when it comes to policies that affect ...I am biased when it comes to policies that affect the economy. Republicans and Democrats can both advocate policies that detract from growth. And they can both do smart things as well from time to time. Unfortunately Obama made about every mistake in the book when it comes to the economy. I worry that Trump will make a mistake on trade policy. Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-28268844230716907772016-11-24T06:59:57.121-08:002016-11-24T06:59:57.121-08:00Long-term (decade period) interest rates and stock...Long-term (decade period) interest rates and stocks moved in same direction. Why should we expect this to change?Bryonhttps://www.blogger.com/profile/02712221999184674232noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-13225047563499617042016-11-24T06:48:52.250-08:002016-11-24T06:48:52.250-08:00I like reading your blog, but political bias casts...I like reading your blog, but political bias casts doubt on economic analysis.Bryonhttps://www.blogger.com/profile/02712221999184674232noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-28613974350740641052016-11-23T02:42:46.382-08:002016-11-23T02:42:46.382-08:00"Debt-cutting measures need to be a considera..."Debt-cutting measures need to be a consideration for President-elect Donald Trump, as he prepares to execute on campaign promises to boost infrastructure spending, rebuild the military and slash taxes, according to the bipartisan co-chairs of the Campaign to Fix the Debt.<br />Trump policies, without red ink-reducing components, "[by] our estimate would explode the debt by $5 trillion Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-85905306333735836922016-11-22T16:27:16.802-08:002016-11-22T16:27:16.802-08:00Matthew--
As Scott G. has pointed out, Trump is a...Matthew--<br /><br />As Scott G. has pointed out, Trump is a business opetator.<br /><br />We can hope he brings a gimlet eye to federal agency spending and overseas entanglements.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-21964928049897277832016-11-22T12:40:00.155-08:002016-11-22T12:40:00.155-08:00William: That's a mighty bold call, Dow 6000. ...William: That's a mighty bold call, Dow 6000. Do you honestly believe the Fed would be that unrelentingly tight, to bring about $500 gold and $10 oil? I mean, few have less faith in the Fed than yours truly but your call is a whole other level of calling for Fed incompetence. Is there more to your call than mere "structural problems"?Grechsterhttps://www.blogger.com/profile/08898953158865778397noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29269349998510656322016-11-22T10:41:13.628-08:002016-11-22T10:41:13.628-08:00Excellent post, Scott. One of your best.
Benjami...Excellent post, Scott. One of your best.<br /><br />Benjamin, as always, your comments re: "defense" spending are spot on. I've done a lot of reading on military spending since 9/11 and it's an absolute horror show just from a financial standpoint. As for morals and traditional Americanism, well, I'm just hoping Trump rejects neocon thinking completely. (The first three Grechsterhttps://www.blogger.com/profile/08898953158865778397noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-78607857437649117892016-11-22T09:06:06.455-08:002016-11-22T09:06:06.455-08:00I hate to be the naysayer, but the US has serious ...I hate to be the naysayer, but the US has serious structural problems pending. Blowing up trade, immigration, and cities will have consequences. Before the end of 2022, I predict a DJIA of 6,000, gold $500, oil $10. I also predict the USD will be many times stronger than we see today. Add the concomitant effects of the four horsemen riding across America, and well, we are all in for it. I McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-76919651777605281222016-11-22T01:44:24.202-08:002016-11-22T01:44:24.202-08:00Scott, what do you think would be the joint effect...Scott, what do you think would be the joint effect of a liberal and supply-sided policy combined with an increase in protectionism by the Trump administration? Would it be stronger the negative effect of starting trade wars, especially with China?<br /><br />Thanks for your insight.Vespasianushttps://www.blogger.com/profile/08430697851208423321noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-11789563129311138972016-11-21T22:45:44.796-08:002016-11-21T22:45:44.796-08:00It is my understanding that Trump's infrastruc...It is my understanding that Trump's infrastructure spending plans do not involve the federal government borrowing money. The plans rely on private sector funding. If that turns out to be the case, I'd be willing to bet that the spending will be more efficient—and more productive—than if it had been funded by borrowing. The private sector is always more careful with how it spends money Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-49269219650618482032016-11-21T21:03:57.530-08:002016-11-21T21:03:57.530-08:00Another comprehensive and superb wrap-up by Scott ...Another comprehensive and superb wrap-up by Scott Grannis. <br /><br />I do worry about the quote below and about people who now say Trump's infrastructure plans are too ambitious. <br /><br />"American taxpayers borrowed $840 billion only to learn that the payoff was only a small fraction of the additional debt incurred. We wasted almost a trillion dollars of the economy's scarce Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-45091531302390192472016-11-21T19:20:43.970-08:002016-11-21T19:20:43.970-08:00Damn, that's a lot of good stuff to digest!
...Damn, that's a lot of good stuff to digest! <br /><br />I have never heard Trump condemn or criticize FREE trade. He has said over and over he loves the idea of free trade, but that we never seem to get it. Instead, we have gotten bad trade deals rigged by special interests and mishandled by incompetent bureaucrats. He has said repeatedly that he wants to re-negotiate trade deals to Johnny Bee Dawghttps://www.blogger.com/profile/06836875640973245734noreply@blogger.com