“I wanna tell you a story”, case of wine for the first two with whose catch phrase that was, my story involves a, he says, successful property developer who expanded into TV and Politics and has, he says, been incredibly successful bringing world peace making his country great again and most recently conquering a Global Pandemic. There are doubters who point to a number of bankruptcies in his previous life, a few upset Global Leaders and the fact that his overseas relationships have left his two sworn foes in even stronger positions, I refer of course to China and North Korea. His bestist foreign friend Mr Putin seems to be a happy bunny now that the other leader of the free world, President Xi Jinping, has moved onto the spaces left by our great ally. My anguish with Mr Trump is that he seems to have totally forgotten what his role is and has moved into a fantastical world of his own. If you have the time to look at what he has really achieved for his people, for example the farming community, who were a major part of his base, he has decimated many of their businesses.
I should make it clear that my musings are not meant to be giving political advice or indeed trying to influence anyone’s political views, they are merely my slightly jaundiced elderly codgers reflections on the political class as a whole. Having said that I must confess that if I were given the opportunity to try and run a country and make the sort of decisions that our leaders have to make in todays world, I would run a mile.
You will recall that last week I said that the USAs markets had not reacted too badly to Mr Trumps illness, well this week they have done well with all three US indices moving ahead. In fact, as you will see all of the main markets had a good week with the NASDAQ leading the way.