David Reavill

President Donald Trump is the most loquacious Chief Executive the country has ever seen. During his third campaign for President, he would speak before tens of thousands, often for hours, while enthralling everyone. His crowds loved it and came away feeling they understood precisely what Trump's vision for America was. However, as he has transitioned to his second term, there is a definite lack of precision when he describes his policies – a "muddying of the waters" if you will, making it difficult, if not impossible, to determine precisely what the policy is. A case in point is his recent speech at the White House Christmas Reception.

Tariffs are the most consequential economic policy of this Trump Presidency. Yet we have a President who is demonstrably wrong in his recitation of the Tariff's income and benefits. Will someone in this Administration set the record straight?

Tariffs are the most consequential economic policy of this Trump Presidency. Yet we have a President who is demonstrably wrong in his recitation of the Tariff's income and benefits. Will someone in this Administration set the record straight?

This past Sunday, President Donald Trump presided over the White House Christmas Reception, delivering a speech carried live to the nation. Among the holiday remarks, he took the opportunity to extol the benefits of his tariff program.

It was a simple executive-change notice, the kind that dots the financial press nearly every day. Todd Combs, one of Warren Buffett's senior managers, would be leaving Berkshire Hathaway to form a new unit at JPMorgan Chase. But this was far from an ordinary management change. For the first time in nearly a century, the fabled House of Morgan would invest its own capital in the stock market.