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GET FREE ACCESS NOW!POITOU, FRANCE – Senator John McCain spoke for millions on Thursday. “I’m a pretty intelligent guy,” he said, speaking of President Trump’s sudden lurch to the left side of the aisle, “but I don’t understand this.” On the surface, the…
Continue ReadingBILL BONNER, CHAIRMAN, BONNER & PARTNERS POITOU, FRANCE – While Hurricane Irma whips up some of the strongest winds ever recorded, the fury of the storm breaking over Washington is intensifying, too. “For Conservatives, Trump’s Deal With Democrats Is Nightmare…
Continue ReadingPOITOU, FRANCE – On Tuesday, the Dow fell 234 points – or roughly 1%. No big deal. Commentators said investors were worried about disasters – both natural and man-made. Out at sea, another storm gathers force… threatening the sugar islands…
Continue ReadingWhat a month we’re in. It could shape up to be the turning point for markets for years to come. September is a bad month for shares, historically. American indices fell in 60% of Septembers since World War 2. And…
Continue ReadingPOITOU, FRANCE – A new Diary dictum: A new administration can only do good by undoing the good things that previous administrations claimed to do. That is, it does not do good by adding programs of its own. It can only make…
Continue ReadingPOITOU, FRANCE – “We live in a slow-growth world,” summarized a canny friend, “but with high-growth debt and high-growth asset prices.” Today, we turn to a report on Zero Hedge for further precision. But we’ll get to that in a minute. First,…
Continue ReadingPOITOU, FRANCE – We spent the weekend in our favorite place: the workshop. In the foreground is an old altar; we are preparing it for our tiny chapel. Bill’s workshop at his home in the French countryside The family chapel…
Continue ReadingPOITOU, FRANCE – “‘The Donald’ has been White House-broken,” was what we were trying to say, translating the phrase into something that may make sense to a French listener. But it was too clever and complicated. “Well, let’s just say…
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