<p>It seems that lying is becoming an 'inconvenient problem" for Trump, and by extension,  government and corporate officals.  Trump lies constantly, his cabinet members seem to lie with abandon, as do companies standing to benefit from his spending plans (e.g., Caterpiller) who lie, but then get raided.  Downright embarrasing if officials  have to insist that "I did not have...diplomatic relations...with that Russian ambassador...."</p> <p>Solution: Make lying undetectable: Remove all oversight.</p> <p>Make lying de facto legal: 12 strikes and you're out.</p> <p>Make lying a 'smart' status symbol: "What? You told the the Senate committee the truth? LOL. What kind of an idiot are you?"</p> <p>In the future, this will become de rigeur for everyone. Except newsmen.</p> <p>Back to business: The DOW, with every Trump promise and economic prediction priced in, is trading at about 20X valuation. Jester often comments on the 'shrinkage' between economic predictions and down-the-line reality. So what's in store for the market? DOW 40k, probably.</p> <p> </p> <p> </p>