The Trump – Biden Battle is On

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In-Brief

1. The Republican Convention was much more positive and upbeat than the Democratic Convention.
2. Both Donald Trump and Joe Biden gave good nomination acceptance speeches to the relief of their supporters.
3. Joe Biden clearly did NOT get a polling “bounce” from his convention. Early indications are that Trump might have gotten a bounce, but it is too early to say for sure.
4. Covid case rates had risen recently but are starting to fall again. The death rate has plummeted. Most of the new cases are among young people who have stopped social distancing. Some European countries are now starting to see a new increase in cases, a worrisome sign
5. Covid-19 is still extremely dangerous If you are in a vulnerable health situation, continue to protect yourself.
6. The US economy is being re-opened and began a strong recovery in June. That recovery is still on-track as measured by many indicators including existing home sales and the Purchasing Managers indices for manufacturing and services.  Almost all the indicators of economic growth are coming in stronger than expected. The economy is clearly rapidly growing now.

FDR’s 1st Inaugural Address - 1933... “So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...”

Abraham Lincoln – “You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.”

Trump’s Hurdles to Clear

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In-Brief

1. The Democrats held a mostly boring convention with an endless parade of recorded speeches from politicians and celebrities. Its TV ratings were weak, as was expected.
2. Joe Biden gave a good nomination acceptance speech to the relief of his supporters.
3. Covid case rates had risen recently but are starting to fall again. The death rate has plummeted. Most of the new cases are among young people who have stopped social distancing.
4. Covid-19 is still extremely dangerous. If you are in a vulnerable health situation, continue to protect yourself.
5. The US economy is being re-opened and began a strong recovery in June. That recovery is still on-track as measured by many indicators including existing home sales and the Purchasing Managers indices for manufacturing and services.  The economy is clearly rapidly growing now.
6. Like Biden, President Trump has many political hurdles to clear if he is to win on November 3.
7. Expect the Republican convention to be the polar opposite of the Democratic convention in tone, style, messaging, and substance.

FDR’s 1st Inaugural Address - 1933... “So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...”

Abraham Lincoln – “You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.”

Trump v. Harris for President?

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In-Brief

1. Kamala Harris is running for both VP and President in Waiting.
2. She brings some strong positives but many more negatives to the ticket.
3. Covid case rates had risen recently but are starting to fall again. The death rate has plummeted. Most of the new cases are among young people who have stopped social distancing.
4. Covid-19 is still extremely dangerous If you are in a vulnerable health situation. Continue to protect yourself.
5. The US economy is being gradually re-opened and began a strong recovery in June. That recovery is still on-track as measured by many indicators.  Almost two million jobs were added in July and the economy is clearly growing now.
6. Voters are increasingly concerned about the widespread violence in the country. It is becoming an important voting issue.
7. Peace in the Middle-East took one step forward and one backward last week.

FDR’s 1st Inaugural Address -- 1933... “So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...”

Abraham Lincoln – “You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.”

Does Biden Dare Skip the Debates?

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In-Brief

1. Can Biden politically afford to skip the Presidential debates?
2. President Trump has taken unprecedented actions to deal with the pandemic and recession.
3. Covid case rates had risen recently but are starting to fall again. The death rate has plummeted. Most of the new cases are among young people who have stopped social distancing.
4. Covid-19 is still extremely dangerous If you are in a vulnerable health situation. Continue to protect yourself.
5. The US economy is being gradually re-opened and began a strong recovery in June. That recovery is still on-track as measured by many indicators.  Almost two million jobs were added in July and the economy is clearly growing now.
6. Americans have turned against the widespread violence and crime that began after the George Floyd killing.
7. A large majority blames the media for the near-hysterical political divisions in the country.

FDR’s 1st Inaugural Address - 1933... “So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...”
Abraham Lincoln – “You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.”

Americans Blame China for the Covid-19 Pandemic

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In-Brief

1. Biden must clear numerous political hurdles to win the Presidency.
2. Covid case rates have risen lately, especially in southern and western states, but the death rate has plummeted. Most of the new cases are among young people who have stopped social distancing. They often get mild or asymptomatic infections but can spread the virus.
3. US doctors now have a much better understanding of how the virus kills and how to prevent that.
4. If you are in a vulnerable health situation, continue to protect yourself from the coronavirus.
5. The US economy is being gradually re-opened and began a strong recovery in June. That recovery is still on-track as measured by many indicators. The 2^nd quarter GDP decline was severe, but growth has resumed.
6. Americans turn against China on many levels and blame it from the Covid-19 pandemic.

FDR’s 1st Inaugural Address - 1933... “So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...”
Abraham Lincoln – “You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.”

The Cancel Culture Threatens Us

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In-Brief

1. The Cancel Culture of the left threatens freedom of expression in the US in dangerous, unacceptable ways.
2. Covid case rates have risen lately, especially in southern and western states, but the death rate has plummeted. Most of the new cases are among young people who have stopped social distancing. They often get mild or asymptomatic infections but can spread the virus.
3. If you are in a vulnerable health situation, continue to protect yourself from the coronavirus.
4. The US economy is being gradually re-opened and began a strong recovery in June. That recovery is still on-track as measured by many indicators.
5. Be prepared for twists and turns in the Presidential race, especially as we get to the conventions in August and the debates in September and October.

FDR’s 1st Inaugural Address - 1933... “So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...”

Abraham Lincoln – “You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.”

Covid Cases Stay High But Death Rate Plummets & Care Improves

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In-Brief

1. Covid case rates have risen lately, especially in southern and western states, but the death rate has plummeted. Most of the new cases are among young people who have stopped social distancing. They often get mild or asymptomatic infections.
2. But, if you are in a vulnerable health situation, continue to protect yourself from the coronavirus.
3. The US economy is being gradually re-opened and began a strong recovery in June. That recovery is still on-track as measured on many indicators.
4. Be prepared for many twists and turns in the Presidential race, especially as we get to the conventions in August and the debates in September and October.
5. Guest columnist Michael Moffit describes the ideology of the Black Lives Matter organization in their own words.
6. The World of Change series describes the future of interest rates and inflation.

FDR’s 1st Inaugural Address -- 1933... “So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...”

Covid Cases Soar, But Death Rate Plummets

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In-Brief

1. Covid case rates are rising rapidly, especially in southern and western states, but the death rate has plummeted. Most of the new cases are among younger people who have stopped social distancing. They often get mild or asymptomatic infections.
2. But, if you are in a vulnerable health situation, continue to protect yourself from the coronavirus.
3. The US economy is being gradually re-opened and began a strong recovery in June. That recovery is still on-track.
4. Be prepared for many twists and turns in the Presidential race, especially as we get to the conventions in August and the debates in September and October.
5. Pay special attention to how Joe Biden handles the crime and “Defund the Police” issue. Throughout Biden’s career he has emphasized his toughness on crime and criminals. That is not acceptable in today’s Democratic Party.

FDR’s 1st Inaugural Address - 1933... “So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...”

The Economy Turns the Corner to Growth

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In-Brief

1. A fearful silent majority builds in numbers and anger as the nation’s history, culture, and constitutional rights are attacked.
2. Covid case rates are rising, especially in some southern and western states, but the number of deaths is plummeting. Most of the new cases are among young people who have stopped social distancing. They often get mild or asymptomatic infections.
3. But, if you are in a vulnerable health situation, continue to protect yourself from the coronavirus.
4. President Trump launches a new campaign message at Mt. Rushmore.
5. The US economy is being gradually re-opened and began a strong recovery in June.
6. The stock markets continue to signal a strong rebound as do an increasing number of other economic indicators.
7. China takes full control of Hong Kong and begins a long slow decline for that city-state from a world-class financial hub to an also-ran city in the People’s Republic.

FDR’s 1st Inaugural Address - 1933... “So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...”

Good News on Covid-19 Death Rates -- Bad News on Cases

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In-Brief

1. Covid case rates are rising, especially in some southern and western states, but the number of deaths is plummeting. Most of the new cases are among young people who have stopped social distancing. They often get mild or asymptomatic infections.
2. If you are in a vulnerable health situation, continue to protect yourself from the coronavirus.
3. Between 63 and 67 percent of blacks, whites and Hispanics are all concerned about public safety in their neighborhoods.
4. Joe Biden’s senility and dementia is worsening and becoming increasingly obvious.
5. Do the current polls ensure President Trump’s November defeat? No.
6. The US economy is being re-opened and began recovery in June after a terrible mid-March through mid-May. Both government spending and Fed monetary actions against the economic crisis have been unprecedented. They continue to increase.
7. The stock markets continue to signal a strong rebound as do an increasing number of other economic indicators.
8. China increasingly expects the world to kowtow to its demands. Expect non-military conflict over this.

FDR’s 1st Inaugural Address, 1933 - “So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...”