Debt Ceiling, Trump’s Problem & The New 119th House of Representatives
Let’s start the new year with an update and a math correction. But first, please remember that this commentary is released for a Sunday publication date on the Thursday before the Friday start of the new 119th House organization for the new Congress.
Lee Zeldin, HFCs & the New Year
I wish all readers a healthy and happy new year. Let’s get to a very specific item that may impact every one of us in 2025.
President-elect Trump has proposed former New York congressman Lee Zeldin to head the Environmental Protection Agency (EPA).
Fishing for Fed’s Independence
First, I want to wish all readers the very best and safest holiday celebrations. Our Congress celebrated, too, by giving the United States an added cost of about $50 billion a year in the nation’s interest rate burden.
Syria
Assad and company are now with his sponsor, asylum granting Putin (nickname is Putler), in Moscow.
4 Stock Market Perspectives
“Would A Recession Blindside The Market?” is the title of Doug Ramsey’s December 6th Advisor Newsletter.
Post-election Analysis, China, Tariffs
On the day after the election, Kathleen Hays was kind enough to invite me to interview with my initial thoughts about the election outcome as we knew it to be then. I subsequently published a transcript of the interview and the link to Kathleen’s Substack.
How Lame Are The Ducks?
We wish all readers a safe and successful Thanksgiving weekend. We’re about to enter the ‘’lame duck” congressional session. Will we have 3 weeks of chaos or clarity?
North Korea, Russia, and History
On Sunday, October 27, 2024, I cited the evolution of history in the WW2 era, in the 1930s and the 1940s, and got a lot of responses (“A History Lesson?” https://kotokreport.com/a-history-lesson/). We thank readers for those responses.
One astute reader had a sensible question about my October 27th missive. He asked, how could Stalin’s divisions that he sent into Germany have been combat-trained against the Japanese when the dates don’t work?
Changes Coming for Financial Services
Financial market agents are paying close attention to the coming reorganization of the new Congress – for good reason. Changes are coming and they may be big.
My Interview With Kathleen Hays on November 6, 2024
Kathleen Hays of Central Bank Central was kind enough to ask for my initial response to the election. Here’s the interview (edited for readability) which was recorded the day after Election Day.
