Scott Sumner writes on Libertarian candidate Gary Johnson:
When he ran for governor as a Republican in heavily Democratic New Mexico. He had no prior political experience. He won by a 10-point margin. (By poetic coincidence, he beat a competitor for the GOP nomination named Dick Cheney.) Johnson spent his first term slashing taxes and reining in the growth of the state budget. Then he won a second term, and spent that crusading for school vouchers and marijuana legalization. He set a record for vetoing bills—750 of them, more than all other 49 governors combined during the same period—and left a budget surplus in his wake…..
via TheMoneyIllusion.
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.