by Mish

Before the first debate, I thought Trump would win. After the first debate, I was pretty confident Trump would lose.

In the final week, I changed my mind and thought the election was close. However,  late polls suggested a Hillary victory, and I wrongly went with the break.

Biggest Upset in History


This was the biggest upset in US political history. Trump won on precisely the rationale I suggested over a year ago: disenfranchised workers, rust belt economics, and Wall Street bailouts under both parties.

Best Speech of Trump’s Life

In his victory speech, Trump made the best speech of his life in which he pledged I Will Be President for All Americans’

“I come to this moment deeply humbled, grateful to God for his amazing grace,” he continued, before thanking his family and the American people. “I’m mostly grateful to our President-elect, whose vision and leadership will make America great again,” he said. Pence then introduced Trump.
The soon-to-be-president started out thanking Hillary for her service to the country and saying that it was time for the country to “come together as one united people.”
“I pledge that I will be president for all Americans,” he said. He talked about “reaching out” to people who hadn’t supported him in the past, before praising those who did.
“It’s a movement comprised of Americans…who want and expect our government to serve the people, and serve the people it will… I’ve spent my entire life in business looking at the untapped potential of projects and people all over the world. That is what I want to do for our country… The forgotten men and women of our country will be forgotten no longer.”

Mike “Mish” Shedlock

Deep Silliness: Half-Right vs Trump-Wrong

Economist Robert Shiller accurately describes why Trump tariffs are wrong, Then Shiller dives into deep silliness.

Biggest Political Scandal in History: Why? Blame Mainstream Media and the Likes of Bill Maher

I confess. Bill Maher can be funny. And he certainly is successful.

Key Brexit Question: Is Cameron the Biggest Liar in History?

Please recall that Prime Minister David Cameron repeatedly stated there will be no second vote.

Celebrating Life: I Got Married on Friday

As most of you know, I lost my wife Joanne on May 16 last year to ALS, Lou Gehrig’s disease. We were happily married for 27 years.

Trump’s Speech: Good, Bad, and Ugly Point-by-Point; Was Trump Preempted by the Fed?

There was much to like and dislike in President Donald Trump’s Address to a Joint Session of Congress. Here are the good, bad, and ugly highlights.

Kudlow Admits the Obvious: Trump is Wrong

It's not easy to openly accuse your boss of being wrong, especially in politics. Trump's economic advisor just did.

History and Headless Chickens: Brexit Odds Change (But Not Enough)

Five of the last eight polls taken on Brexit were in favor of “leave”, two in favor of “remain”, and one was neutral.

Nate Silver’s Self-Serving Confession; Reflections on Being Wrong

While Silver admitted an error, he also tried to sweep it under the rug as a once in a lifetime event.

Recreational Pot: Is Trump a State Right Advocate or Not?

On February 23, Trump’s press Secretary Sean Spicer raised quite a stir when he stated the federal government could step up enforcement against recreational marijuana use in states.