I sincerely hope that even if by luck, this administration manages to get an acorn or two, and manages to pass somethin, anything that might help the economy.  However, I fear he will screw the pooch..  It is so arrogant, I continue to be baffled how he just lies so much and about everything.  They are lies that are so blatant and easily fact checked.

Yesterday, I believe, he accused Obama as the instigator/coordinator of the protests taking place around the country.

I found that so offensive when he accused Obama of that, and with zero proof. It was just like his birther crap, and just like his outrageous claim that 3 million illegal voters had voted for Clinton. Offensive, and no facts... but fake news!

Yeah, he has the audacity to ban news organizations from his News Conferences for distributing (in his own mind) fake news yet he lies about absolutly everything, talk about a double standard, let alone the fact that it is so self serving and hypocritical.  This guy never met a mirror he liked.  Terrible precedents will be his legacies.

Jester, lt cap,

I certainly share your views on Trump's speech and his behavior/words in general. The market seems to care not on the specifics of what will be spent, where and how, and how it will get passed. Market acts if as if all that is a 'done deal.' I think infrastructure may have a chance, given that it will appeal to Democrats. And to me, the shortness of memory isn't unexpected, but gross none-the-less: All of the Republican establishment (Paul Ryan, Mitch McConnell, etc.) either held Trump at (long) arm's length in the campaign, or openly said they couldn't support this dangerous clown. Not they're all sucking up to him, smiling and nodding at every remark. Yeah, I understand that power draws in everyone - the result is you get someone equivalent to Calingula running the show and horrific events ensue. I do hope that at 'town meetings', constitutuents continue to forcefully ask where their representatives stand on substantive issuess, such as Obamacare, giving the official some pause about what they'll support issues that affects their re-electability.  I'm somewhat afraid that the 'opposition' (the people, not the press) will dissolve into the same meaningless  state that the Wall St. protest  movement experienced.

One interesting comment I saw said that the huge 'infrastructure" proposal did not include anything about internet build-out. Not good for us. Altho I read another story where the govt. might subsidize ISP's to bulid out their networks.

As for the 'enemy of the people', I think that's self fulfillling prophecy, and wonder whether it is intentional or not: Trump vilifies the press with outrageous lies about them, and does, indeed, alienate most of the press outlets. When I read the Washington Post now, every story reads like an editorial, critical of Trump - right down to ridiculous stuff like Kellyann Conway 'disrespecting' the office of the President by lounging on a chair Please. I wonder if Trump has brought this on consciously, so that indeed, his constiuency believes the press is the continual liar, prejudiced, and out to 'get him.'

Personally, things aren't so great: My pick of PANW got a 25% haircut today, poor sales, poor strategy, perhaps losing customers to Cisco. Despite CSCO's  high price, I might consider moving out of PANW, and take the $ and put it in CSCO. This is the 2nd straigh quarter that PANW has basicallly said that their sales force lacks a strategy, and it reminds me a bit like INFN, which will languish for aperiod in working out their own problems.

Story today about ERIC partnering with CSCO on some (sounds like) big projects. I believe lt cap said the he thought that was a good match, even acquisition-wise. I'd rather not see ERIC getting into a viable competitive position with NOK. But NOK has been marching steadily north - my loss is half of what it was before. I really can't tell whether it's Suri managing good news coming out from NOK, or whether it's just rising with pretty much everything else in the market.

Okay - the money question - how to people see this market? Are we poised for a humongous drop, or can the market really support these valuations? I understand that Trump's language about business is a big driver, but as you've pointed out, it's sketchy non-tangible proclamations so far.

Jester,

Those European floats are absoutely priceless.  Gives me some hope that maybe other countries won't suck up to Trump. That Colbert was also great - as well as the repeat of his last night's stand up of Trump's speech.  Today's news is that Sessions spoke w/the Russian Ambassador twice last year, and didn't mention it. Is there anybody in this administration who *didn't* meet with the ambassador?  If only it was true that there ws real collusion with the Russians.....