Name:   CRD - Subject:   bit players - BIG OPERA Date:   12/10/2018 1:18:54 PM

I was curious as to whether bonds were a good play during the Obama years.  From your experience, they were.  In my opinion, as I stated previously earlier this year, the most important number is the National Debt/GDP ratio.  Obama policies were OK for stabilization, hence your 5.8% return.  However, they were poor for GDP expansion and very poor for long term growth.  Assigning blame is juvenile, rather look at the effect an individuals strategic policies influence(d) your favorite ecomonic number.  You are right on!