{"id":14919,"date":"2018-03-24T11:20:07","date_gmt":"2018-03-24T16:20:07","guid":{"rendered":"http:\/\/huewhite.com\/umb\/?p=14919"},"modified":"2018-03-24T11:20:07","modified_gmt":"2018-03-24T16:20:07","slug":"the-market-seems-jumpy-ctd-7","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2018\/03\/24\/the-market-seems-jumpy-ctd-7\/","title":{"rendered":"The Market Seems Jumpy, Ctd"},"content":{"rendered":"<p>A reader remarks on <a href=\"https:\/\/huewhite.com\/umb\/2018\/03\/23\/14887\/\" target=\"_blank\" rel=\"noopener\">John Bolton&#8217;s appointment<\/a> as National Security Advisor:<\/p>\n<blockquote><p>It\u2019s become abundantly clear that 45 abhors dissent or any resistance to his political or economic ideas. He is surrounding himself with \u201cyes men\u201d who blindly subscribe to his agenda. That\u2019s his MO. It&#8217;s why his businesses have failed and so eventually will his presidency.<\/p><\/blockquote>\n<p>Yes, to some extent it makes dependence on the intelligence of the person on the top of the pyramid overly critical. And yet, if &amp; when the failure comes, Trump&#8217;ll blame someone else.<\/p>\n<p>That said, I was reading somewhere, I can&#8217;t remember where, that while Trump has clearly signaled his protectionist instincts, Bolton is supposedly an avid free-trader. How much this matters in the context of the post of National Security Advisor is unclear to me, but it does suggest Trump has some tolerance for dissidence, at least when it&#8217;s not front and center.<\/p>\n<p>That said, we&#8217;ve seen how much Trump is influenced by what he sees on TV. Perhaps Bolton just comes across real well on the airwaves, what with pronounced views and a big mustache.<\/p>\n<p>I forgot to post the latest market performance. Yesterday, the <em><strong>Dow<\/strong><\/em> was down 1.77%, while the <em><strong>S&amp;P<\/strong><\/em> and <em><strong>NASDAQ<\/strong><\/em> were down more than 2%. Here&#8217;s the chart <a href=\"http:\/\/www.nyse.com\/quote\/index\/DJI\" target=\"_blank\" rel=\"noopener\">from<\/a> the <em><strong>NYSE<\/strong><\/em>:<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/03\/DJI-3-23-2018.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-14921\" src=\"https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/03\/DJI-3-23-2018.jpg?resize=800%2C385&#038;ssl=1\" alt=\"\" width=\"800\" height=\"385\" srcset=\"https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/03\/DJI-3-23-2018.jpg?w=1225&amp;ssl=1 1225w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/03\/DJI-3-23-2018.jpg?resize=300%2C144&amp;ssl=1 300w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/03\/DJI-3-23-2018.jpg?resize=768%2C369&amp;ssl=1 768w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/03\/DJI-3-23-2018.jpg?resize=1024%2C492&amp;ssl=1 1024w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/03\/DJI-3-23-2018.jpg?resize=250%2C120&amp;ssl=1 250w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/03\/DJI-3-23-2018.jpg?resize=150%2C72&amp;ssl=1 150w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<p>This suggests there is little confidence among investors in President Trump&#8217;s recent economic policies. However, the investment community hardly qualifies as <em>all knowing<\/em>, so I think we&#8217;ll just have to wait and find out if this is going to turn out poorly &#8211; or well. Keep an eye on the agricultural sector, especially the family farmers, as they&#8217;re exhibiting a lot of anxiety about a trade war, from what I hear.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A reader remarks on John Bolton&#8217;s appointment as National Security Advisor: It\u2019s become abundantly clear that 45 abhors dissent or any resistance to his political or economic ideas. He is surrounding himself with \u201cyes men\u201d who blindly subscribe to his agenda. That\u2019s his MO. It&#8217;s why his businesses have failed \u2026 <a class=\"continue-reading-link\" href=\"https:\/\/huewhite.com\/umb\/2018\/03\/24\/the-market-seems-jumpy-ctd-7\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14919","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/14919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/comments?post=14919"}],"version-history":[{"count":1,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/14919\/revisions"}],"predecessor-version":[{"id":14922,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/14919\/revisions\/14922"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=14919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=14919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=14919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}