In the past two days, the media has been filled with tales of the latest court proceedings against Mssrs. Michael Cohen and Paul Manafort, and the upcoming sentencing hearing of former National Security Adviser, General Michael Flynn.
We’re not going to spend much time on them because:
IN THE NUMBERS THIS WEEK:
$1 Trillion — of economic activity just vaporized this week as the stock market took a historic drop. What caused the market to react so negatively after two years of steady upward momentum? What does it mean going forward?
$21 Trillion — out of balance is the bottom-line result of the first ever Pentagon-wide audit. It does illustrate a lack of good accounting controls but out-of-balance does not mean missing or misappropriated. It does illustrate the need for new and better financial controls.
8 — GOP House of Representatives seats were lost in California in 2018. How did this happen, what does it mean for 2020 and beyond?