Rossoff & Company’s Points of View is a forum for industry experts, leading finance professionals and senior Rossoff & Co. professionals to provide insights and commentary on current news stories, financial market themes and industry dynamics.
The Wine Store Appreciates Your Business
Every two weeks we make the run to our local wine and spirits shop. We load up on vodka, gin, vermouth, reds and whites. When the lockdown began, we were relieved to hear that the wine store was considered an essential service. It’s a mental health thing, we were told. Anyway, we call in the order, give our credit card number and schedule a pick u...
The Trump Administration is scrambling to prepare for a possible meeting between President Trump and the leadership of North Korea, and our foreign policy experts are wringing their hands. After all, everyone knows that Trump is uninformed, undisciplined, unguided and dangerous. I’ll bet General H.R. McMaster, National Security Advisor, is having trouble sleeping. And yet, there is no doubt that this proposed meeting represents a potential foreign policy breakthrough – whether Trump deserves cre...
Talk this week is all about the Russian hacking and its effect, or lack thereof, on the election. Democrats and hawkish Republicans condemn the Russian actions and demand strong sanctions. Trump, alone as usual, attempts to discredit the intelligence and move past the controversy. The primary motives for these positions are not hard to discern. Democrats wish to undermine Trump’s legitimacy, and hawkish Republicans want to maintain their hardline stance against Russia. And nobody—save Trump—want...
For more than a century, politics in the Western world has largely been a battle between liberals and conservatives. Now, that seems to be changing. Increasingly, the opponents are globalists and nationalists – and the groups cut across the old liberal vs. conservative lines. In the United States, Hillary Clinton and Paul Ryan are globalists; Donald Trump and Bernie Sanders (at least partly) are nationalists. In Great Britain, David Cameron and most of the Labor MPs were for staying in the EU (a...
If you are following the 2016 election closely—as I am—you might wonder if there are any issues at stake. Most of the commentary among political pundits seems to be about personalities and temperament. We hear a lot about how Trump voters are angry or Sanders voters are idealists. The Establishment candidates (Hillary and Kasich) stick to their party lines: Supreme Court nominees, paid family leave, equal pay for women for Democrats and lower taxes, less regulation, repeal of Obamacare for Repub...
