The unconventional President Donald Trump lived up to his reputation Thursday. In a two-part interview with CNBC’s Joe Kernen, broadcast in its entirety Friday morning, Trump had tough talk for the US Federal Reserve about rising interest rates at a time the economy is showing signs of heat but wages still have not been growing. But political interference with a “neutral” central bank’s decisions wasn’t the only faux pas the leader of the free world uttered. He crossed numerous cultural lines and touched third rail issues US Presidents typically avoid – sending the world reeling as a surprise visit with…
Trump Uses a Carrot & Stick
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.