It’s Not MAGA—-Crony Capitalism Meets Trade Protectionism

During the last few days, the Donald has gone stark raving mad on the trade front. Yet the bozos on Wall Street are already sounding the “all clear”, claiming this is some kind of brilliant Trumpian 3D chess maneuver or that it’s just a skirmish and it will all soon blow over. Indeed, the over night rally in equity futures was […]
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