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US Gov. Debt: $35 Trillion & Counting?
David R. Kotok, July 23, 2024 (The following was first published on Cumberland Advisors’ website and via LISTSERV. For details, visit https://www.cumber.com/.) The US debt aggregate is about to cross $35 trillion; the vocal anti-debt Republicans have become silent; the Republican platform and the Republican National Convention essentially ignored government debt. Does anyone remember the…
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Readers Respond to Tariffs, by David R. Kotok, May 21, 2024
(The following was first published on Cumberland Advisors’ website and via LISTSERV. For details, visit https://www.cumber.com/.) In last week’s commentary “Tariffs and EVs” (https://www.cumber.com/market-commentary/tariffs-and-evs), I wrote: IMO, tariffs are counterproductive except for a direct wartime usage. How many readers can point to a single successful outcome from the Trump tariffs? If you can and will…