It Is Time To Take a Step Back | Bearing Drift
I’ll be stepping away from Bearing Drift for a while. The reason is simple: when you miss as widely as I did, you need to reassess – a lot of things.
Simply put, while I still love this country, I don’t know it anymore. I don’t understand it. I don’t just mean the 70+ million Trump voters; if anything, they were the only consistent part of this election. There were also, however, between 10-12 million Biden voters (depending on the California returns) who simply checked out this time.
The larger point is, quite simply, I was wishcasting. It’s been a while since I’ve been doing that (I think). I no longer feel confident predicting political events here. Economic policy? I feel good about using bandwidth. Voter behavior? I’m learning lessons.
So, for now I’m taking a break.
D.J. McGuire is Financial Editor for Bearing Drift.