As you watch the video above a dark contrast emerges. (Watch and decide).
President Trump spoke for 10 minutes about the US infrastructure and his plans to streamline or speed up the approval process. I think any reasonable person would agree, more or less, with everything he had to say.
When the floor was opened for questions, the media proceeded to spend the next 10 minutes turning Mr. Trump into a some sort of a Neo-Nazi slave owner. As crazy as that might sound.
For our purposes, an important question emerges.
Considering today's environment, will President Trump be able to get his tax cuts and budget plans through, and if not, what does that mean for the stock market?
Well, just look at the fallout already.
Republicans turn on Trump as the White House insists he is a 'voice for unity' who is 'entirely correct' to blame both sides for violence at neo-Nazi rally and defend 'fine people' among white supremacists
- 'There's blame on both sides,' President Trump said Tuesday of a deadly Nazi rally in Virginia
- Some Republican lawmakers quickly shoved back at Trump, criticizing him for saying left-wing counter-protesters shared the blame
- 'White supremacy groups will see being assigned only 50% of blame as a win. We can not allow this old evil to be resurrected,' Sen. Marco Rubio wrote
- Florida Republican Rep. Ileana Ros-Lehtinen: 'Back to relativism when dealing with KKK, Nazi sympathizers, white supremacists? Just no'
- Texas Republican Rep. Will Hurd told CNN that he had a head-hanging single word of advice for Trump: 'Apologize'
- Despite the backlash, the White House is standing by the president, saying he was 'entirely correct' to blame 'both sides,' according to a talking points memo
- Trump's words were quickly denounced by Democrats as an attempt to draw moral equivalence between Nazis and liberal activists
- White House Chief of Staff John Kelly was photographed with hunched shoulders, arms crossed, and standing stony-faced during his boss' bizarre display at Trump Tower
You can just about summarize all of the above with crazy and sad.
In other words and for the reasons discussed here before, there is no snowball's chance in hell that Mr. Trump gets his agenda through. That means a fiscal bloodbath over the budget over the next few months and no tax cuts. We only imagine what that would mean for the stock market selling at a Shiller's S&P Adjusted P/E Ratio of 30.
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here.