Wry & Dry #35-25 Trumpster blinks. “… ask a woman.” Albo washes his hands.
The election postmortems continue. And Wry & Dry is exhausted, but feels duty bound to add his tuppence worth.
However, inevitably, Trumpster dominates the literature. And has added a new meaning to “token gifts from overseas.” A gift of a $400m 747-800 aircraft to use as Air Force One, until the much-delayed new kit from Boeing is built. No strings attached, of course.
Wry & Dry #35-24. Budget spin-time. Government grants meets Hitler youth. Covid responsibility.
It only comes once a year: budget spin time. Spinners opening at either end.
At the Victorian end, the spin will be in the hands of the well upholstered treasurer of Victoria, who has to somehow explain what he did with the money. Over the last 10 years.
At the Canberra end, the spin will alternate between Grim Jim and Albo (wearing a hi-vis vest, instead of the traditional creams).
Wry & Dry #27 of FY-24. Navalny. Border dogs. Barnaby.
The world was distracted by the Trumpster’s court-imposed penalty, the Super Bowl and the mess in Gaza. Then the murder of Aleksei Navalny awoke the world to the evil that is Tsar Vlad. At least for a short time.
The circumvolutive explanation of Navalny’s death from ‘sudden death syndrome’ would be laughable if it didn’t turn back the clock to the awful era of Stalin.
Wry & Dry #16 FY-24: Trumpster: diary. Anti-Semitism mask. Albo’s straining belt buckle.
Saturday: Florida. Played golf with some champion golfers. An Irish fella called McIlroy, a chick from South Korea, Jin Young Ko and a bloke named Tiger something. I WON!
Sunday: New Hampshire. Spoke at a rally. Told them “I don’t mind being Nelson Mandela.” I am willing to GO TO JAIL to defend democracy. Mandela was a patriot, like me. India should be proud of him.
Monday…
Wry & Dry #5 FY-24. Trumpster smashes own record. Phoenix Team. US credit downgrade.
What proud citizen of the USA would not want a president who admitted to a business relationship with a porn start? Really, it’s about free speech. And free trade.
Or one whose high intellect and sense of history meant that building a personal library of really historic documents was really understandable.
And now, conspiracy. Really? What’s the fuss? Who in politics hasn’t conspired before, during or after office?
Wry & Dry #13: Trumpster subpoenaed – they don’t care. Invade between the flags. The votes are in.
The Trumpster can defy the order and be charged with contempt of congress. Or he can appear. And create big theatre. He will sit with his arms folded and refuse to answer any questions.
Liberation Day and Bank Portfolio update
It’s been arguably the most volatile week for investments since the depths of the GFC. But I’ll let others provide the details for market records that have been broken.
Yesterday’s big rebound in the ASX was due to a reduction in ‘uncertainty’. Markets will always fall sharply in times of considerable uncertainty. Recall that the ASX fell over 30% at the start of Covid. Before that, during the GFC, it fell by over 50%.
Read as Craig continues to cover the market outlook after Trump’s announcement on Wednesday ( New York Time) and outlines potential impacts on your portfolio.
Plus, we followed up on last week’s, not about clients’ holding in Challenger Limited.
Trump’s Tariffs and the market rebound
It’s been arguably the most volatile week for investments since the depths of the GFC. But I’ll let others provide the details for market records that have been broken.
Yesterday’s big rebound in the ASX was due to a reduction in ‘uncertainty’. Markets will always fall sharply in times of considerable uncertainty. Recall that the ASX fell over 30% at the start of Covid. Before that, during the GFC, it fell by over 50%.
Read as Craig continues to cover the market outlook after Trump’s announcement on Wednesday ( New York Time) and outlines potential impacts on your portfolio.
Plus, we followed up on last week’s, not about clients’ holding in Challenger Limited.