by Bill Bonner
BALTIMORE – Finance or politics? We don’t know which is jollier.
The Republican presidential primary and Fed monetary policies seem to compete for headlines. Which can be most absurd? Which can be most outrageous? Which can get more page views?
Politics, led by Donald J. Trump, was clearly in the lead… until yesterday. Then, the money world, with Janet L. Yellen wearing the yellow jersey, spurted ahead in the Hilarity Run.
The Dow gained 83 points.