Market Extra: Yardeni says Trump winning the trade war with China will trigger ‘the mother of all meltups’

At least one veteran strategist thinks investors should stay the course and remain vested in the market as stocks are still in the midst of an extended meltup. He is also betting that President Donald Trump will be victorious in the trade war with China, triggering “the mother of all meltups.”

from MarketWatch.com - Top Stories https://ift.tt/2MWPScH

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The Ugly History of Dual-Loyalty Charges

When Representative Ilhan Omar recently complained about “the political influence in this country that says it is okay to push for allegiance to a foreign country,” many noted accurately that she had deployed a trope—dual loyalty—that had been used against Jews for years. But this accusation has a broader history in the United States, having been used against several religious minorities—including Muslims like Omar. Indeed, many battles over religious freedom have revolved around dual-loyalty claims. [ Read: Ilhan Omar just made it harder to have a nuanced debate about Israel ] In the 19th century, many attacks on Catholics stressed that these immigrants were pawns of a foreign power. In the 1830s, Samuel Morse—then a prominent painter and later the inventor of the telegraph—urged Americans to build “walls” and “gates” to keep out Catholic immigrants, who would always be loyal to Rome. Because these Catholic immigrants were decrepit —“halt, and blind, and naked”—they were easy to co...

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