At Last, a Summit That's Not All B.S.

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Published : February 28th, 2019
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Category : Opinions and Analysis

The live feed from Hanoi has been riveting. Trump and Kim appear to be getting along well.  The President pats his counterpart on the back, the dictator smiles. They share a laugh as they walk through a garden. Kim’s haircut looks oddly flattering. Everything seems to be going so nicely that one could almost forget that he has at times acted like a madman. As for Trump, he is his usual self, but with his world-class abrasiveness held in check.

Besides giving hope to the world of peace and prosperity breaking out on the Korean Peninsula, Trump has effortlessly upstaged the Democrats during what was to have been their hour of redemption. They are tuned not to the summit, but to their own witch-hunt bent on proving that Trump colluded with Russia to steal the election. Not only did Thursday’s grilling of former Trump lawyer Michael Cohen produce no evidence of this, it may have iced Mueller’s probe.

What We Know for Sure…

One thing even Trump’s detractors would have to concede is that whatever happens in Vietnam, and whatever the President says while he’s there, it won’t be scripted. We can be certain he will speak his mind, as he always does, and that he will not claim a deal has been made unless this is so. We also know that unlike his predecessors, Trump will not promise North Korea a wad of cash.  Another thing we know, something that no other U.S. President before him has been able to convey, is that Kim the Madman is in fact a rational actor. If it were otherwise, Trump would not be meeting with him.

If a deal does result and North Korea agrees to de-nuclearize, we will see black smoke billowing from the ears of Congressional Democrats, the Norwegian Nobel Committee, and from a great many who wish the President the worst. In a more honorable society, harikari would be demanded of Pelosi and a few others. This would not only be unbeatable kabuki for five billion TV viewers, it would also set a noble example for some of Capitol Hill’s newest lawmakers. 

(If you don’t subscribe but want a peak behind the headlines,click herefor a free two-week trial toRick’s Picks.It will give you instant access to all features and services, including a 24/7 chat room where great traders from around the world share ideas that can help you profit.)


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Rick Ackerman is the editor of Rick’s Picks, a daily trading newsletter and intraday advisory packed with detailed strategies, fresh ideas and plain old horse sense.
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