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Tumultuous Times

by Edward Snitzer

“Things are not always as they seem, but sometimes they are” Dean Acheson, Secretary of State to President Harry S. Truman.

It has certainly been a tumultuous, dramatic and turbulent end of 2018.

Consider the following facts:

1. The Democratic Party has retaken the House of Representatives.

2. There is a partial government shutdown that may go on for weeks.

3. Financial markets remain very volatile, given for example, an almost 1000 point dive in the Dow a few days before Christmas, and a 1,000 point rise in the Dow after Christmas.

4. The Federal Reserve continues to raise interest rates.

5. Both President’s Trump’s Chief of Staff and Secretary of Defense have resigned.

6. Is Brexit in, mostly in, slightly in, neither in nor out, mostly out, completely out, no change at all or absolute chaos.

7. President Trump’s contentious trade and tariff policies to China and every other country in the world continue to roil markets.

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