If you want to be a successful stock market investor, don’t think like a Republican or a Democrat

I was struck by the sharp contrast between what Republicans and Democrats had to say as I listened to the Congressional testimonies of Federal Reserve Chairman Jerome Powell, U.S. Trade Rep. Robert Lighthizer and President Trump’s former personal attorney, Michael Cohen. All spoke on Wednesday.

Democratic and Republican politicians seem to live in two different universes. In contrast, most investors live in only one. Politicians use words, and words are free; investors have their own money at stake.

At Powell’s Humphrey-Hawkins hearing, U.S. Rep. Maxine Waters, a Democrat from California, called Trump’s tax reform a scam and the budget a cruel proposal to harm millions of families.

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