When you think about President Trump, one of the things on top of the list will not be he is a great administrator of government. If you read or listen to people who try to understand what goes on with the President, he seems more interested in “vanity” projects that proper functioning of government. Some people are big picture folks, some are very detail oriented, and there is a lot in between, but President Trump seems to focus on furnishings of the White House and a small part of Washington, DC. Unfortunately for the President, there are large swaths of the City of Washington that could use his “developer” mindset.

In an article by Clyde Russell of Reuters, one of the clever ways to deal with the President Trump is to make up acronyms using Mexican food.

TACO – Trump Always Chickens Out – reflects President Trump to escalate a situation before retreating once the economic and political costs became too heavy.

EMPANDA – Everyone Makes Promises And Nobody Actually Delivers Anything – used to describe countries make outrageous promise (invest trillions of dollars) and achievable trade promises in the hope of avoiding the worst of Trump’s tariffs. (the trade deficit is still going up, where is the domestic manufacturing that the President talks about?)

NACHO – Not A Chance Hormuz Opens – after the US started the war with Iran, the Iranian military shut down the Strait of Hormuz and no one knows if it is open or not? certainly the shipping traffic is down and far from where it was before the war started.

TAMALES – Trump Always Messes Around, Leaves Everything Shafted. The sector most affected is commodity trade. The trade disruptions have led to supply chain disruptions which led to higher prices which increased inflation. The danger is the world always, once in a blue moon, something actually works.

If there is a consistent pattern to President Trump’s presidency, it is he creates volatility and unintended consequences through policies and actions that largely fail to achieve their stated goals.

Linking to dividend paying stocks, there are all types of CEOs, some promise disruptions and one could argue that is what is needed, but after they leave the next CEO all they have to do is promise competence and normalcy. The longer you live, the more you will see what happens after the person leaves.

There are more questions than answers, till the next time – to raising questions.