12/17/2024 Degrees of Bat-Shit Crazy

PLEASE REFER TO THE HEDGE AND TRADE STRATEGY PAGE FOR UPDATES!! President-elect DJT has been on the ball naming officials that he would like to have confirmed by the Senate into his administration. Some, such as Marco Rubio for Secretary of State and Scott Bessant as Secretary of the Treasury are non-controversial. Rubio has friends in the Senate and Bessent has friends on Wall Street. Bessent is a gay man with children so he is Trumps Buttigieg. He got the job by advocating for Trumps America First agenda. He once made a $billion shorting the British Pound which impresses his new boss. Trump tapped Mike Waltz as his National Security Advisor who is seen as a strong pick. Most all nominees have the primary quality of having a strong allegiance to Trump over having expertise in the department or agency that they will oversee. Both Waltz and Bessent have both. Nominees have proven that they will follow orders and he makes the major calls anyway. Other positions have nominees of more dubious competence. Matt Gaetz proved to be over the limit of how much bat-shit crazy that the GOP Senators were willing to accept for Attorney General. When it became…