The Impeachment Circus Begins with a Known Outcome

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In-Brief

1. Try not to get stressed as both the Rs and Ds create political theater in the Trump impeachment trial. The trial has no likely outcomes other than dismissal of the charges or “not guilty.”
2. The Democratic debate last week was a circular firing squad with BB guns, boredom, and a small audience.
3. The US and world have had a remarkable week in terms of economics, politics, and policy that will have major consequences for years. The US – China trade deal and the passage of NAFTA II remove serious near-term risks to US and world economic growth.
4. Big Picture Context: Fake news, spin, and low trust by the people now characterize the US media. Straight accurate journalism is almost impossible to find except in a few individual journalists. The people do not think the media is fair, honest, or accurate. They are correct. That jeopardizes the country’s future.