The Purge in Saudi Arabia Explained

The Purge in Saudi Arabia Explained

The Purge in Saudi Arabia Explained “It is the most volatile period in Saudi history in over a half-century.”   Mohammed bin Salman, 32 anni, the Crown Prince of Saudi Arabia, is rounding up the opposition — specifically, the opposition inside his own royal family. At the weekend, Saudi police arrested an astonishing 11 Princes, along […]

Trump’s Fed Chairman Nominee ‘Good News’ for Gold Investors

Trump’s Fed Chairman Nominee ‘Good News’ for Gold Investors

Trump’s Fed Chairman Nominee ‘Good News’ for Gold Investors $GLD, $SLV, $USD President Donald Trump’s selection for the next Chairman of the Fed’s Board of Governors will not alter policy much, and could be good news for Gold investors. Trump’s selection of current Fed Governor Jerome “Jay” Powell follows months of public speculation about the […]

Clintons Tied to Scandals, as Triple Deus Ex Machina Descends Upon Washington

Clintons Tied to Scandals, as Triple Deus Ex Machina Descends Upon Washington

Clintons Tied to Scandals, as Triple Deus Ex Machina Descends Upon Washington It is delicious to see, even more suddenly and completely than anyone had anticipated, the breakdown of the steamroller media smear of Donald Trump. A trinitarian deus ex machina descended. Trinitarian: belief in the doctrine of the Trinity. Deus Ex Machina: the central interface […]

Christopher Columbus “Hate” is an Assault on America’s Legacy

Christopher Columbus “Hate” is an Assault on America’s Legacy

Christopher Columbus “Hate” is an Assault on America’s Legacy Happy Columbus Day, otherwise known as just another day when ignorant political-correctness police besmirch and defame another of history’s greats for not being perfect, Bill O’Reilly wrote in a column Monday. “True, Columbus instituted slavery on the island of Hispaniola circa 1500, and for that, the […]

US President Trump Poised to Change Fed Leadership +

US President Trump Poised to Change Fed Leadership +

US President Trump Poised to Change Fed Leadership + $GLD,$SLV, $PPLT, $USD Every US President gets the chance to influence Fed policy through nominations to the central bank’s Board of Governors. But, most often, that chance is limited to a small number of nominations, 3 max, including a nomination for Chairperson. But President Trump is […]

Face It People, The Trump Economic Boom Is Here

Face It People, The Trump Economic Boom Is Here

Face It People, The Trump Economic Boom Is Here $DIA (DJIA) Have you noticed, that through the mist of Russia, James Comey, Charlottesville and now 2 monster hurricanes, that the US economy is booming faster than it has since the late Clinton years, well have you? This is undeniable. In the last year of The […]

Yellen and Draghi Open Jackson Hole Symposium Friday

Yellen and Draghi Open Jackson Hole Symposium Friday

Yellen and Draghi Open Jackson Hole Symposium Friday $USD, $DXY, $EUR The Jackson Hole Symposium is this week’s most anticipated event, in part due to a severe lack of other newsworthy market stories but also because two very important central bankers are scheduled to appear. The Fed and the ECB are not only 2 of […]

Beijing Has “New Rules” for Outbound Investment

Beijing Has “New Rules” for Outbound Investment

Beijing Has “New Rules” for Outbound Investment China has codified its rules on overseas investments, making explicit its campaign against irrational acquisitions of assets in industries ranging from real estate to hotels and entertainment. The authorities set out 3 categories: Banned, Restricted and Encouraged (see the lists below) Beijing has outlawed investments in gambling and sex […]

There is Little Fear in World Stock Markets Now

There is Little Fear in World Stock Markets Now

There is Little Fear in World Stock Markets Now $DIA, $SPY, $QQQ, $VXX The stock markets do not fear NKorea, and they do not fear the extreme left’s attack on US President Donald Trump Risk assets across the globe, despite high valuations, have recovered nicely from a sell-off triggered by concerns about a NKorean nuclear […]

Weakening USD is Positive for Gold & Silver

Weakening USD is Positive for Gold & Silver

Weakening USD is Positive for Gold & Silver $GLD, $USD, $SLV The US Dollar (.DXY) Index has been moving lower, retreating 9% in 5 months, from 102 in March to its current 93.39. Not surprisingly, Gold has risen almost 10% in USD terms during this frame. Earlier this year many participant expected USD to continue its […]

FOMC “Reducing Debt Holdings to Start ‘Relatively’ Soon”

FOMC “Reducing Debt Holdings to Start ‘Relatively’ Soon”

FOMC “Reducing Debt Holdings to Start ‘Relatively’ Soon” Fed officials said they would begin running off their $4.5-T balance sheet “relatively soon” and left their benchmark policy rate unchanged as they assess progress toward their inflation goal. The start of balance-sheet normalization is another policy Milestone in an economic recovery now in its 9th year. […]

‘Draining the Swamp’, President Trump to Revamp State

‘Draining the Swamp’, President Trump to Revamp State

‘Draining the Swamp’, President Trump to Revamp State President Donald Trump has plans to revamp the State Department “My suspicion is that within the White House, particularly amongst the nationalist faction… that this seems to actually be a concerted effort to diminish the role of the State Department in U.S. foreign policy and hamper its […]

Fed Chairwoman Gets Investors Attention Again

Fed Chairwoman Gets Investors Attention Again

Fed Chairwoman Gets Investors Attention Again $DIA, $SPY, $QQQ, $VXX The focus Thursday was Fed Chairwoman Yellen’s testimony before the US Congress as the market posted another record close. Wednesday’s testimony confirmed this year’s next rate hike/s and QE policy tightening process that the market expected, but the discussions about the longer-term Neutral rate of […]

Fed’s Plan to Cut Bond Holdings Could Be “Very Disruptive”

Fed’s Plan to Cut Bond Holdings Could Be “Very Disruptive”

Fed’s Plan to Cut Bond Holdings Could Be “Very Disruptive” $DIA, $SPY, $QQQ, $VXX JPMorgan Chase & Co’s (NYSEJPM) Chairman, Jamie Dimon, said Tuesday that the unwinding of Fed’s bond-buying programs is an unprecedented challenge that may be more disruptive than people think. “We’ve never have had QE like this before, we’ve never had unwinding […]

US Entering Period of Stagflation

US Entering Period of Stagflation

US Entering Period of Stagflation Former Fed Chairman Alan Greenspan warns that America is entering a “very tough” period of stagflation as it emerges from economic stagnation. “As the inflationary pressures which now seem to be building, we’ve just been through a long period of stagnation, we’re moving now toward what we used to call […]

US Skirts Chinas “One China” Policy And Sells to Taiwan

US Skirts Chinas “One China” Policy And Sells to Taiwan

US Skirts Chinas “One China” Policy And Sells to Taiwan A bipartisan group of senators urged President Donald Trump on Friday to move ahead on delayed arms sales to Taiwan amid congressional concern the White House is ready to curry favor with Beijing at Taipei’s expense. Four Republicans and four Democrats wrote a letter to […]

President Trump Continues to Shred & Bury Mr. Hussein Obama’s Legacy

President Trump Continues to Shred & Bury Mr. Hussein Obama’s Legacy

President Trump Continues to Shred & Bury Mr. Hussein Obama’s Legacy The fact is that Trump has given Netanyahu support as he has walked away from the failed policy paradigm of the Obama years. It may very well be that this week was the week that Israel and the US put to rest former president […]

Medical Marijuana Update

Medical Marijuana Update

Medical Marijuana Update Despite everything, Attorney General Sessions has medical marijuana on his mind, Florida lawmakers approve a no-smoking medical marijuana implementation bill, Vermont’s governor signs a medical marijuana expansion bill, and more.  National Monday, it was reported that Attorney General Sessions asked Congress to let him go after medical marijuana. Attorney General Sessions sent […]

President Trump Tightens Rules on Americans Traveling to Cuba and More

President Trump Tightens Rules on Americans Traveling to Cuba and More

President Trump  Tightens Rules on Americans Traveling to Cuba and More Friday, expect US President Donald Trump to tighten rules on Americans traveling to Cuba and significantly restrict US companies from doing business with Cuban enterprises controlled by the military. President Trump will lay out his new Cuba policy in a speech in Miami that […]

Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds $GLD, $SLV,$DIA, $GOVT Last  week ended with a new all-time high for the DJIA.  Keep in mind I am still a Big Bear on the stock market, but there’s no need to begin the depression any sooner than is necessary.  Still, I have to be honest […]

European Central Bank Facing Continuing Challenges

European Central Bank Facing Continuing Challenges

European Central Bank Facing Continuing Challenges The European Central Bank (ECB) facing continuing challenges when its Governing Council meets Thursday in Estonia. The Eurozone’s central bank is likely to err on the side of prudence by avoiding any notable reduction in monetary stimulus, even though the arguments points to a different policy direction. The argument […]

President Trump Will Nominate 2 “Hawks” to Fed Board

President Trump Will Nominate 2 “Hawks” to Fed Board

President Trump Will Nominate 2 “Hawks” to Fed Board US President Donald Trump’s picks for the 2 open spots on the Fed Board of Governors may push for tighter monetary policy if they receive the Senate confirmation needed to join the interest rate-setting panel. President Trump will nominate Carnegie Mellon University professor Marvin Goodfriend, 66 […]

Paris Accord on Climate Change: a UN Scam to Redistribute Wealth by Policy

Paris Accord on Climate Change: a UN Scam to Redistribute Wealth by Policy

Paris Accord on Climate Change: a UN Scam to Redistribute Wealth by Policy The Paris Climate accord’s premise is wealth distribution by policy, it would not have much of an impact on Earth’s climate. During an interview Wednesday Marc Morano founder of ClimateDepot discussed the climate change agreement that President Donald Trump is leaning toward withdrawing […]

President Trump to “Shred” Hussein Obama’s Cuba Policy

President Trump to “Shred” Hussein Obama’s Cuba Policy

President Trump to “Shred” Hussein Obama’s Cuba Policy US President Donald Trump plans to announce the end of Barack Hussein Obama’s Cuba policy. LTN learned of the plans Sunday, the information was confirmed by the nonpartisan US-Cuba Trade and Economic Council. The Trump Administration has been ‘ready’ since February 2017 to announce changes, but issues […]

President Trump to Middle East Fulfilling Campaign Promises

President Trump to Middle East Fulfilling Campaign Promises

President Trump to Middle East Fulfilling Campaign Promises President Trump is winging it to the Mideast on AF-1, his 1st trip abroad as Commander in Chief with talking heads and pundits speculating about his foreign policy plans. Donald Trump has demonstrated his intention to deliver on his campaign promises. As a candidate, he made 2 […]

Opioid Addiction is America’s Public Health Challenge

Opioid Addiction is America’s Public Health Challenge

Opioid Addiction is America’s Public Health Challenge The medical Doctor nominated to head the US Food and Drug Administration (FDA) told Senators last Wednesday that his 1st priority would be tackling the opioid crisis, and he pledged that science will prevail at the agency despite his extensive financial ties to medical companies it regulates. But […]

Expect The Congress to Embrace President Trump’s Growth Plan

Expect The Congress to Embrace President Trump’s Growth Plan

Expect The Congress to Embrace President Trump’s Growth Plan $DIA, $SPY, $QQQ, $VXX, $GLD, $SLV, $USO Friday’s monthly NFPs market moving data release attracted much less attention than in the past. The Key jobs report reflects on the health of the US labor market in March, and it is important for assessing the underlying strength […]

Fed Minutes: FOMC Eyes Change to Debt Holdings Policy Ahead

Fed Minutes: FOMC Eyes Change to Debt Holdings Policy Ahead

Fed Minutes: FOMC Eyes Change to Debt Holdings Policy Ahead $DIA, $SPY, $QQQ, $VXX Most FOMC policymakers think the Fed should take steps to begin trimming its $4.5-T balance sheet later this year as long as the economic data holds up, minutes from their March meeting revealed. Uncertainty is substantial, the Fed said, comment on […]

They Call it “Monetary Policy”

They Call it “Monetary Policy”

They Call it “Monetary Policy” $DIA,  $SPY, $GLD,  $SLV The Dow Jones made its last all-time high on March 1st, and since then its valuation has been slowly deflating.  It closed this week only nine Dow Points away from breaking below its BEV -2.50% line in the chart below. After the amazing 32 new daily […]

FOMC Raised Rates, Yellen Not Worried About Downside Risks

FOMC Raised Rates, Yellen Not Worried About Downside Risks

FOMC Raised Rates, Yellen Not Worried About Downside Risks The FOMC raised interest rates Wednesday, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank’s target. The decision to lift the target overnight interest rate by 25 basis points to a range of 0.75 percent […]

Seeing a Base-Line Shift in Commodity Prices

Seeing a Base-Line Shift in Commodity Prices

Seeing a Base-Line Shift in Commodity Prices $DIA, $GLD, $SLV The US stock market, as measured by the Dow Jones Industrial Average (DJIA) (NYSEArca:DIA) seems to be at an inflection point.  It hasn’t seen a new all-time high since March 1st.  And for what it’s worth, trading volume (market demand) for the 30 blue-chip companies […]

Bullish Investors Positive About President Trump’s Policies

Bullish Investors Positive About President Trump’s Policies

Bullish Investors Positive About President Trump’s Policies $SPY Stock-market investors worldwide, especially the Bullish ones who have been proven right since 9 November have been richly rewarded, look to be in a gradual transition in their operating outlook. Their environment is moving away from comfortable reliance on central banks that are able and willing to […]

“American Spirit” Ignited, US Business & Consumer Confidence Running High

“American Spirit” Ignited, US Business & Consumer Confidence Running High

“American Spirit” Ignited, US Business & Consumer Confidence Running High $JPM, $GS Jamie Dimon, 60 anni, said President Trump’s economic agenda has ignited US business and consumer confidence and he expects at least some of the administration’s proposals to be enacted. “It seems like he’s woken up the animal spirits,” Mr. Dimon, Chairman and CEO […]

‘Winners Make Government Policy, Losers Go Home’

‘Winners Make Government Policy, Losers Go Home’

‘Winners Make Government Policy, Losers Go Home’ Tuesday, US Senate Majority Leader Mitch McConnell (R-KY) told business leaders that “winners make policy and the losers go home.” It was the first of several scheduled public appearances for Sen. McConnell this week during a congressional recess. Protesters upset with Republican President Donald Trump’s policies have vowed […]

The Dow Jones Industrial Average Index (DJIA) an Amazing Machine

The Dow Jones Industrial Average Index (DJIA) an Amazing Machine

The Dow Jones Industrial Average Index (DJIA) an Amazing Machine $DIA, $GLD, $SLV Since November 10th the stock market has become an amazing machine relentlessly advancing ever upward.  In the past sixty eight NYSE trading sessions the Dow Jones has closed at a new all-time high in twenty six of them.  That’s 38% of the trading days […]

PBOC: China Will Keep Monetary Policy Neutral

PBOC: China Will Keep Monetary Policy Neutral

PBOC: China Will Keep Monetary Policy Neutral $CNY China should keep its monetary policy stable and neutral, a Chinese central bank official said Wednesday. Yi Gang, deputy governor of the People’s Bank of China, made the remarks at the annual meeting of Chinese Economists 50 Forum (CE50) when responding to questions on China’s monetary policy. […]

‘America First’, the US Dollar and Gold

‘America First’, the US Dollar and Gold

‘America First’, the US Dollar and Gold $USD, $GLD A pillar of Donald Trump’s presidential campaign, and now policy formation, is “America First” So far, this has entailed withdrawing from possible participation in the Trans-Pacific Partnership (TPP), citing potential currency manipulators, and construction of The Wall along the Mexican border. A Key outcome for investors […]

US President Donald Trump’s Immigration Halt Hailed in Middle East

US President Donald Trump’s Immigration Halt Hailed in Middle East

 US President Donald Trump’s Immigration Halt Hailed in Middle East The US President’s measure has had precisely the result he intended, giving succour to those engaged in an existential war against jihadist elements Critics of President Trump’s temporary travel ban on seven Muslim nations should remember the Chinese proverb, “Kill the chicken and let the […]

President Trump Laying the Law Down on Mexico’s President

President Trump Laying the Law Down on Mexico’s President

President Trump Laying the Law Down on Mexico’s President US President Donald Trump threatened Mexico’s President that he will send troops to stop “bad hombres down there” unless the Mexican military does more to control them. President Trump considered “Bad Hombres,” the drug cartels and criminal immigrants. Notably, President Donald Trump is conducting diplomacy behind […]

China Signals Need to Align Peacefully With President Trump

China Signals Need to Align Peacefully With President Trump

China Signals Need to Align Peacefully With President Trump Holding early dialogue is essential to avoid tensions, conflict in US-Sino ties Despite early speculation that the US- China relationship could fall into uncertainties and instability under the Trump Administration, experts say the 2 global powers will avoid the case by holding an early dialogue to […]

Little Chance the Fed will “Snuff Out” Expansion Anytime Soon

Little Chance the Fed will “Snuff Out” Expansion Anytime Soon

Little Chance the Fed will “Snuff Out” Expansion Anytime Soon $DIA, $SPY, $QQQ, $VXX The Fed is unlikely to take actions that would “snuff out” the current US economic expansion anytime soon because inflation is not a problem, according to Federal Reserve Bank of New York President William Dudley. Tuesday, Mr. Dudley, in a speech […]

The Failed Presidency of Barack Hussein Obama

The Failed Presidency of Barack Hussein Obama

The Failed Presidency of Barack Hussein Obama President Donald Trump must try to cope with his predecessor’s disastrous legacy. Like most people, I had hoped for the customary settling down after the very tumultuous and nasty election. We have been denied that, not by the candidates, who have been dignified, but by the outgoing administration. […]

Donald Trump Brings New Thinking to US Diplomacy

Donald Trump Brings New Thinking to US Diplomacy

Donald Trump Brings New Thinking to US Diplomacy By Richard Baehr, ISRAEL HAYOM In the final months of the US Presidential campaign, a popular refrain at Donald Trump rallies, 2nd only perhaps to “Lock Her Up,” was “Drain the Swamp.” The chant ostensibly referred to clearing out the bureaucratic/lobbyist control over the US federal government, […]

Donald Trump: New World Order, aka “Trumpism”

Donald Trump: New World Order, aka “Trumpism”

Donald Trump: New World Order, aka “Trumpism” By Ted Belman, AMERICAN THINKER The first hint of Donald Trump’s vision of a New World Order came when he said in a speech during the primaries that NATO was “obsolete.” The UK Independent wrote about that speech, As currently constituted, he says, NATO is ill-suited to combating international terrorism, […]

Donald Trump Picked Rex Tillerson for Tough New Iran Policy

Donald Trump Picked Rex Tillerson for Tough New Iran Policy

Donald Trump Picked Rex Tillerson for Tough New Iran Policy $OIL, $XOM Rex Tillerson, Chairman /CEO of Exxon Mobil, was named the Trump Administration’s Secretary of State to execute the tough foreign policies charted by President Elect Donald Trump, including his decision to stiffen the nuclear accord signed with Iran as soon as he moves […]

Medical Marijuana Update

Medical Marijuana Update

Medical Marijuana Update Medical marijuana went 4 for 4 last Tuesday, Election Day, the feds give up on trying to shut down the Berkeley Patients Group, and more.  National On Monday, a new report called marijuana a “promising option” for dealing with opioid addiction. A new report from the National Cannabis Industry Association finds that increasing […]

Obama’s Trade Policy is Dead

Obama’s Trade Policy is Dead

Obama’s Trade Policy is Dead US President Barack Hussein Obama’s administration suspended its efforts to win congressional approval for his Asian free-trade deal before President Elect Donald Trump takes office saying that TPP’s fate was now up to Donald Trump and Republican lawmakers. Administration officials also said Mr. Obama will try to explain the situation […]

OPEC’s Job Now Tougher with Trump Win

OPEC’s Job Now Tougher with Trump Win

OPEC’s Job Now Tougher with Trump Win $CVX, $XOM, $RDS.A, $BP, $TOT, $OIL OPEC’s job of trying to prop up Crude Oil prices has just got much, much harder. With Donald Trump winning the US Presidential election, the 14-country Crude Oil-producing cartel may have to battle a sourer outlook for the global economy and weaker […]

Elon Musk’s SpaceX Rocket Fueling Policy Under Review

Elon Musk’s SpaceX Rocket Fueling Policy Under Review

Elon Musk’s SpaceX Rocket Fueling Policy Under Review NASA has announced that Elon Musk’s SpaceX’s fueling policy could cause future rockets to explode, after one blew up in September. The agency’s Space Station Advisory Committee has suggested that the company review its policies due to serious concerns about its safety standards, but SpaceX has rejected […]

Pauline Hanson Outlines Australian Economic Policy

Pauline Hanson Outlines Australian Economic Policy

Pauline Hanson Outlines Australian Economic Policy Australia needs our honesty, courage and persistence Economics is about people. And trust. When the rules are fair, honest and stable people have the confidence to start and grow their business and employ people to deliver a strong independent economy that creates prosperity for all households. One Nation candidates […]

Donald Trump Brings Business Knowledge To White House

Donald Trump Brings Business Knowledge To White House

Donald Trump Brings Business Knowledge To White House $DIA, $SPY, $QQQ, $VXX President Donald Trump would benefit Wall Street investors by way of making companies 30% more profitable, his economic policy adviser Wilbur Ross said on TV Wednesday. “Here’s why Trump would be better for Wall Street investors than Hillary Clinton: 30% effective reduction in […]

This Policy Stuff is Way Past its Expiration Date

This Policy Stuff is Way Past its Expiration Date

This Fed Policy Stuff is Way Past its Expiration Date $GLD, $SLV, $NUGT, $GDXJ, $GGGG As expected, the FOMC passed up another opportunity to raise their Fed Funds Rate this week.  With 2016 being an election year, and late September just a few weeks from the November election, how anyone could believe the Yellen Fed would […]

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Investors rejoiced again Thursday as Fed they digested Wednesday’s FOMC minutes . Stocks rose across the board with DJIA adding 0.8% and S&P 500 + 07% and the NAS Comp + .05% extending the Risk Rally. Precious metals also gained […]

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Investors rejoiced as Fed stood pat and left the office policy interest rate unchanged. Stocks rose across the board with DJIA and S&P 500 indices adding +0.9% and +1.09% respectively. Precious metals also gained on USD weakness. The benchmark COMEX Gold […]

Divided FOMC Stood Pat on Rates, Tone “Hawkish”

Divided FOMC Stood Pat on Rates, Tone “Hawkish”

Divided FOMC Stood Pat on Rates, Tone “Hawkish” $DIA, $SPY, $QQQ, $VXX A divided Federal Open Market Committee (FOMC) left the fed funds rate unchanged for a 6th meeting running, saying it would wait for “more evidence of progress toward its goals”, while projecting that an increase is likely by year-end. “Near-term risks to the […]

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: US stocks saw choppy trade again Tuesday, and it is likely we will see some volatility after the BOJ and the FOMC policy announcements Wednesday. PE FLASH: From the BOJ minutes “Quantitative and Qualitative Monetary Easing with Yield Curve Control” […]

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Waiting for the BOJ and FOMC meets trade as we saw Monday was/is choppy. PE DJIA at 18120.17 declined slightly Monday on choppy trade ahead of the US Fed policy announcement Wednesday. Major support of 18000-17850 continues to hold strong, some […]

Alan Greenspan’s Credibility is an Accident that is still Happening

Alan Greenspan’s Credibility is an Accident that is still Happening

Alan Greenspan’s Credibility is an Accident that is still Happening $DIA, $SPY, $QQQ, $VXX In a article last week, the former Fed Chairman is quoted to be worried about the “crazies.” For some unknown reason, former Federal Reserve Chairman Alan Greenspan’s, 90 anni, opinions are still taken seriously. No one person has done more to […]

Extreme Volatility and Market Breadth Seen in Coming Days

Extreme Volatility and Market Breadth Seen in Coming Days

Extreme Volatility and Market Breadth Seen in Coming Days $DIA, $GLD, $SLV There was some excitement Tuesday, as the Dow Jones was down 1.41% and the NYSE saw a day of extreme breadth.  But the Dow Jones Industrial Average (DJIA) recovered from its early week losses, and ended the week higher than last Friday’s close.  The […]

China Calls for Stronger Tie-up with ASEAN Members

China Calls for Stronger Tie-up with ASEAN Members

Chinese Vice Premier Zhang Gaoli met with leaders from member states of the Association of Southeast Asian Nations (ASEAN) in southwest China’s Nanning City Saturday, calling for stronger ties between China and ASEAN. The foreign dignitaries include Cambodian Prime Minister Hun Sen, Vietnamese Prime Minister Nguyen Xuan Phuc, Myanmar’s Vice President U Myint Swe, Lao […]

The US Fed has Not Delivered on the Economy

The US Fed has Not Delivered on the Economy

The US Fed has Not Delivered on the Economy The US Fed is stuck to actions devised by Ben S. Bernanke that have not worked to restore strong economic growth since the Great Recession The US central bank’s adherence to the idea that unemployment and weak demand can be cured with policies that encourage consumers, businesses and governments […]

Financial Markets Running on “Hope” for Continuing Stimulus

Financial Markets Running on “Hope” for Continuing Stimulus

Financial Markets Running on “Hope” for Continuing Stimulus $DIA, $SPY, $QQQ, $VXX In this world of easy money, where the markets hope the near-Zero interest rate policies to continue, there really should be hope for a growing not stagnant economy. This week;s economic reports have been dominated by a very strong consumer confidence report. The […]

There is Growing Evidence That Obama’s Foriegn Policy is Failing

There is Growing Evidence That Obama’s Foriegn Policy is Failing

There is Growing Evidence That Obama’s Foriegn Policy is Failing When US President Barack Hussein Obama travels to Asia next week, he will try to reassure leaders in the region that he still has the ability (read political power) to deliver US approval for the sweeping Trans-Pacific Partnership (TPP), even though the 2 Presidential candidates […]

The US Government’s Economic Growth Numbers are Wrong

The US Government’s Economic Growth Numbers are Wrong

The US Government’s Economic Growth Numbers are Wrong Harvard Economist Martin Feldstein warned Friday that the US government’s measure of economic growth is always wrong, regardless of the official number. The US economy grew less than previously reported last Quarter on lower government outlays and a bigger depletion of inventories, capping a sluggish 1-H performance […]

Key Economic Data Does Not Reflect Pending ‘Disaster’

Key Economic Data Does Not Reflect Pending ‘Disaster’

Key Economic Data Does Not Reflect Pending ‘Disaster’ $DIA, $SPY, $QQQ, $VXX July New Home Sales and August Philadelphia Fed NonManufacturing Survey Home Sales: +12.4%/ Philly Fed: -4 points; Orders: -14.9 points The Big Q: With housing and hiring looking really good, where is the economic disaster we keep hearing about? The notion that the […]

S&P Maintains Strong Abu Dhabi Ratings

S&P Maintains Strong Abu Dhabi Ratings

S&P Maintains Strong Abu Dhabi Ratings The agency affirmed its ‘AA’ long-term ratings for the emirate despite low Crude Oil prices  Ratings agency S&P has maintained its strong ratings for Abu Dhabi despite the impact of low Crude Oil prices on the Emirate’s economy. In its latest report, S&P affirmed its ‘AA’ long-term and ‘A-1+’ short-term […]

China Considering Boosting Private Investment

China Considering Boosting Private Investment

China Considering Boosting Private Investment China’s top economic planning body has suggested more policy tools to reverse the slowing of private investment and bolster economic growth. The government should further encourage private investment with more preferential policies and remove barriers preventing private companies from entering electricity, telecommunications and other sectors that were once dominated by […]

American’s are Almost as Wealthy as Ever, it is Scary

American’s are Almost as Wealthy as Ever, it is Scary

American’s are Almost as Wealthy as Ever, it is Scary Americans are about as wealthy as they have ever been and that is worrying monetary officials.  They are concerned that the growing wealth could prove unsustainable because it has outstripped the growth of the economy since the Great Recession’s storied end in Y 2009. A […]

Caution, Investors are Chasing Stocks, more Tactical than Fundamental

Caution, Investors are Chasing Stocks, more Tactical than Fundamental

Caution, Investors are Chasing Stocks, more Tactical than Fundamental $DIA, $SPY, $QQQ, $VXX Investors are no longer running from the stock market they are chasing it for reasons that are more tactical than fundamental: Caution. It is too early to tell where the UK’s new position in the overall context of the EU will be […]

Update: Federal and State Government Marijuana Policy

Update: Federal and State Government Marijuana Policy

Update: Federal and State Government Marijuana Policy House Republicans blocked an effort to open up banking for Marijuana businesses House Turns Back Effort to Give Pot Businesses Access to Banks. The Republican-led House Wednesday voted down an amendment to the FY 2017 Financial Services and General Government Appropriations Act that would have blocked federal regulators […]

Donald Trump Pointing a 50MM Howitzer at Hillary Clinton

Donald Trump Pointing a 50MM Howitzer at Hillary Clinton

Donald Trump Pointing a 50MM Howitzer at Hillary Clinton Donald Trump is releasing a 35-pg document that takes down Hillary Clinton’s foreign policy and economic stances. The  50MM attack pulls together news articles, documents and speeches critical of the former Secretary of State, US Senator from New York, and 1st Lady. Donald Trump made the […]

The Fed Policy Makers are Fighting for Their Lives

The Fed Policy Makers are Fighting for Their Lives

The Fed Policy Makers are Fighting for Their Lives Something interesting happened the Friday (Quad Witching) before Brexit; trading volume exploded on a decline in the Dow Jones.  In the BEV chart below I inserted the daily trading volume (mils) for the Dow Jones instead of the usual BEV values to highlight what happened. It […]

Medical Marijuana Update

Medical Marijuana Update

Medical Marijuana Update Ohio becomes the newest MM (medical marijuana) state, but you cannot smoke it; a pair of contending Arkansas initiatives are coming up on a signature turn-in deadline; DPA identifies problems with New York’s medical marijuana program, and more. Arkansas As of Wednesday, a pair of medical marijuana initiative campaigns are facing a […]

Donald Trump Counters Hillary, “I do not have a thin skin”

Donald Trump Counters Hillary, “I do not have a thin skin”

Donald Trump Counters Hillary, “I do not have a thin skin” Donald Trump Friday countered Hillary Clinton’s attacks on his temperament, saying that “I do not have thin skin” and that “we need a strong temperament in this country.” “I have very strong and thick skin,” the presumptive GOP Presidential nominee said Friday on TV. […]

Managed Money Cautious, Capital Preservation Key

Managed Money Cautious, Capital Preservation Key

Managed Money Cautious, Capital Preservation Key $DIA, $SPY, $QQQ, $VXX The “new normal” led to the “new neutral” led to ‘insecure stability”. The world has entering a phase of rising risks as the effect of central-bank stimulus policies diminishes. “You can think of it as insecure stability,” Richard Clarida, Pimco’s global strategic adviser, said in […]