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Things already getting better: stocks, Trump unity (Ryan, Schumer, Romney), cabinet picks, calm Trump, consumer confidence way up, econ confidence way up WAPO: 59% confident econ will improve under Trump, 52% confident higher living standards. Gallup econ confidence index soared 13 points last week. End war on biz & capital. End war on energy. Pence replaces Christie in Transition Comm.
Cabinet picks: what have we learned? Jeff Sessions A-G; Mike Flynn NSC; Mike Pompeo CIA. Priebus & Bannon.
Steve Bannon predicts "entirely new political movement." ADC backs off bigotry charge.
Kevin Brady wants deficit-neutral tax reform.
Trump impact on stocks & bonds & dollar: Jason Trennert. Buy stocks, sell bonds? Growth is coming. Trump is under-owned.
Fed rate hike in December? Certain. Follow long rates higher. 70% long rate rise from real rate ( tax cuts increase capital returns).
Trump could appoint 5 Fed governors!! Remake board.
Melanie Kirkpatrick on real meaning of Thanksgiving. This year a good one?
Trump on bank reform? Wall Street or regulation? |