If Trump announced single-payer as his health care alternative to Obamacare, and claimed this is what Democrats have denied you, would Republicans object? Or would they rally around the new gospel handed down by their leader?

That would be if he gave everyone a $2,000 check. Obviously he's not intending to do that.

I should explain that equity risk premium (ERP) can be calculated various ways, but it's basically the difference between the underlying company earnings you can expect from an equity investment vs interest from holding Treasuries.

It's not as egregiously overpriced as during the dot-com bubble, but it's been moving gradually in that direction.

For years after the 2008 financial crisis, I would note that while the stock market might look expensive, ERP >5% or even >6% was telling us equity returns were attractively priced relative to ultra-low interest rates. But now that ERP has fallen to <4%, and that argument no longer holds.

I ran the numbers a few years ago and they showed that stock market returns were strongly correlated with whether ERP was above or below average. Above average ERP consistently produced above average returns, while below average ERP consistently produced below average returns.

Personally, I would like to be the guy who loses money paying for health insurance. I’d like to be that guy for a long time.

Also, egg prices are down from a peak reached in the first months of the Trump Administration.