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Whether you voted for Trump or not, you had to expect some fireworks. This was something I was very concerned about—he’s going after newspapers, the courts that ruled against him, and the TV news networks. Sure, the stock market rallied sharply after he was elected, but I’m not sure he cares about that because it’s revenge time. Some say he’s simply getting some well-deserved payback, but there’s too much at stake for him to be doing some of the things he’s doing.
Here are a few noteworthy links from ZeroHedge:
Paul Tudor Jones on Rising U.S. Deficits and Debt:
Jones discusses how increasing interest rates and mounting U.S. deficits could lead to a fiscal crisis. His perspective reflects the long-standing fear that sustained government borrowing will trigger inflation, elevate interest rates, and eventually overwhelm the government's ability to manage its debt obligations. Read more here.Robert F. Kennedy Jr. as Secretary of Health and Human Services:
Vaccine stocks slid further after Trump announced Robert F. Kennedy Jr. as his pick to lead the Department of Health and Human Services (HHS). Details here.