Courtesy of Nattering Naybob.
Once again, not to be mistaken for Tuesday's With Morrie, it's time for Tuesdays With Trump…
Discussion, critique and analysis of the potential impacts on equity, bond, commodity, capital and asset markets regarding the following:
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Executive Orders; Border Control; 4th Amendment; Detained
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Orwellian Parallel; New Kid in Town; Building Walls; Slapped Silly
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Where You Want to Be; The Color of Money; The Khan; Gridlock
Last Time Out
In our homage
Mary Tyler Moore? we mused about the potential macroeconomic and demographic effect on equity and asset valuations viz. lower spending and income growth…
We would not dismiss the underlying headwinds to a big pickup in earnings at this stage in the expansion… weak productivity and rising wages are a few of the many headwinds to profitability that probably aren't going away. – Macronomics
Above sage advice for those investing in equities and hoping for favorable financials. Weak productivity is symptomatic of a much larger problem. As for the illusion of rising wages, meaningful wage increases have not occurred in decades. The proof in that pudding
can be found in one chart where both personal income and spending growth are in a steady 36 YEAR downtrend. What would Mary Richards do?
Above, a 36-year decline, coupled with a growing GINI coefficient, where the 2% get richer while the 98% get poorer, much like Brazil?
It is likely that the word "Brazil" comes from the Portuguese word for brazilwood. In Portuguese, brazilwood is called pau-brasil, with the word brasil commonly given the etymology "red like an ember".
Brazil?
Terry Gilliam's (of Monty Python fame) wonderful mixture of science fiction, black comedy and fantasy created one of the most thought provoking, unique and visually stunning films of all time. In 1985, Gilliam's dystopian epic was hilarious, jaded, and wildly inventive, and decades later, it remains all those things. Unfortunately, Brazil's brilliant homage of Orwellian science fiction, has proven far sighted and sadly predictive.
Oscar nominated for Best Writing, Screenplay Written Directly for the Screen; and Best Art Direction-Set Decoration; the film won Best Production Design and Best Special Visual Effects at BAFTA; and Best Picture, Director and Screenplay at the LA Film Critics Association Awards.
Taglines from the film: Have a laugh at the horror of things to come. Suspicion breeds confidence. Don't suspect a friend, report him. It's only a state of mind. We're all in it together. Be safe be suspicious.
It's about flights of fantasy. And the nightmare of reality. Terrorist bombings. And late night shopping. True Love. And creative plumbing. If you haven't seen it, you don't know what your missing.
Cast: Jonathan Pryce, Robert De Niro, Kim Greist, Michael Palin, Katherine Helmond, Bob Hoskins, Ian Richardson, Peter Vaughan, Jim Broadbent, Barbara Hicks, Charles McKeown and Ian Holm.
Not wholly unrelated (and when is it?), tonight we muse about the potential macroeconomic and demographic consequences of political agendas and their modus operandi. Please try to exert some patience, as we ferret down this rabbit hole to find out where it leads, and what's at the bottom of it…
Executive Orders?
Monday, January 23, 2017 President Trump signed an executive order that will freeze federal hiring in every area of the government except for sectors involving the military, public safety and public health.
At the end of the day, the freeze is likely to impact a relatively small number of people-probably 10,000 to 20,000 individuals who will either not enter federal jobs they might otherwise have obtained, or who will be delayed in entering those jobs. – The Daily Signal
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