While working for Wall Street Daily over the last few years, I’ve enjoyed being part of such an important and influential group of writers and analysts.
Writing for this publication and interacting with our amazing subscribers has been incredible.
But with a sad heart, today I’m saying goodbye to the team at Wall Street Daily.
My life has been an extraordinary series of adventures. And I’m about to embark on another…
Giving in Once Again to the Election Cycle
At age 53, I have pretty much run my life based on the cycles of elections.
In 1980, I worked for Ronald Reagan’s campaign as the State Youth Coordinator in Oregon. I worked directly for a grizzled campaign veteran named Ernie Gallardo.
By the 1984 election cycle, I was serving with Liz Pickens in the national Reagan headquarters as a volunteer.
I worked for Senator Bob Dole in 1986. And by 1988, I was the Midwest Director of his presidential campaign. I traveled 10,000-plus miles a month, preaching the virtues of Bob Dole to any who would listen.
During the general election of 1988, I was part of a team of operatives that produced the famous Willie Horton commercial. The commercial, which we called “Weekend Passes,” was considered one of the most influential ads of the last century.
In 1992, I ran a large independent expenditure campaign against Bill Clinton. In that election cycle, I wrote my first book, Slick Willie: Why America Cannot Trust Bill Clinton. Books on Al Gore and Barack Obama soon followed.
Then in 2006, when the presidential election of 2008 was beginning to heat up, I left one of the best jobs in America. I was working as the Executive Director of Young America’s Foundation and its Reagan Ranch Center in Santa Barbara, California.
It was in the months after leaving this job that I began to write for Agora and met Wall Street Daily’s Founder, Robert Williams. This eventually led to me joining the Wall Street Daily team as their Chief Political Analyst.
I’ve always been an avid investor, and I enjoyed chronicling the activities of the governing elites in the financial markets. Much can be learned watching how they make money directly as a result of government policies, and I have tried to share some of these lessons with you.
This strategy has served us well, as evidenced by the performance of the Constitutional Wealth portfolio.
My Next Endeavor
Fast forward to today – with the 2016 presidential election just around the corner – and I am once again rearranging my life so that I can be deeply involved in this election cycle.
Now, I wish I could share with you exactly what I will be doing, but it’s too early for me to say a word.
What I can say is that part of the challenge of being involved in politics is the regulatory environment. I cannot continue to give stock recommendations while involved in a campaign.
So I must bid you farewell.
As I told Robert Williams, presidential campaigns are notoriously fickle and short-lived. It’s not smart to order your life around such fluid circumstances. But this is a burden I carry.
Ultimately, I care more about my country than I do my own career.
So what does this mean for Constitutional Wealth?
Since I can no longer provide coverage of our open positions, we are forced to close the portfolio.
Action to Take: At this time, you can either close all positions for a respectable gain, or simply mind your trailing stops in the coming months.
I’ll certainly miss the encouragement, freedom of expression, and support shown to me during my tenure at Wall Street Daily.
I have the greatest respect and admiration for the writers, analysts, and – more importantly – the subscribers of this publication.