Outlook for Gold and Silver in 2020

Outlook for Gold and Silver in 2020

$XAU, $GLD, $USD, $XAG, $SLV Now it is the time of year to predict where gold prices will go in Y 2020. The forecasts’ are worth paying attention to because the experts use a number of factors, ranging from central bank policy to geopolitics to cycle analysis, to make their calls. There is something for […]

US Economy Must Grow Faster Than the Federal Debt, President Trump is Correct

US Economy Must Grow Faster Than the Federal Debt, President Trump is Correct

Fed Chairman Powell likes to avoid any hint of politics in his public statements, but in a non-controversial response to a Question about US government borrowing Wednesday, he weighed in on one of the core issues in the political debate over how to manage the economy. Over the past year in particular, many mainstream economists […]

Wonderfilm Announces Production Funds of $50-M to Produce Indie Films & TV Programs (Video)

Wonderfilm Announces Production Funds of $50-M to Produce Indie Films & TV Programs (Video)

$WDRFF, $AEMC, $DIS, $CMCSA, $LGF, $SNE Recently, Wonderfilm Media Corporation (WDRFF), an iconic producer of high-quality feature films and episodic television with international appeal today, announced an $50-M asset-backed low risk debt facility designed to escalate the pace of the Company’s revenue and increase overall production efficiency. “The arrangement streamlines this procedure, allowing us to […]

Secretary Mnuchin Open to Cash Crunch Funding for Big Banks

Secretary Mnuchin Open to Cash Crunch Funding for Big Banks

Treasury Secretary Steven Mnuchin said Tuesday he is open to loosening liquidity requirements for big banks to relieve possible cash crunches in short-term funding markets. “The banks have raised an issue around intra-day liquidity, and that is something that makes sense for regulators to look at,” Secretary Mnuchin said in an interview. His comments came […]

Gold: Investment Strategy

Gold: Investment Strategy

$XAU, $GLD, $GOLD, $NEM, $USD Emerging markets have/are adding to gold holdings, undeterred by prices near their highest levels in more than 6 years, as countries such as Russia and China diversify their Fx reserves, a trend we believe that is likely to continue. Central bank buying is important to the supply/demand dynamic for the […]

Investors are “Going for the Gold”

Investors are “Going for the Gold”

$XAU $GLD $GDX, $GOLD, $NEM, $USD Investor doubts about the economic outlook and especially a Dovish Fed drove a gold price run in 1-H of Y 2019, sparking  burst of interest in gold investing and gold stocks. The escalating China trade dispute has provided the fuel since 1 August, and a day earlier, the Fed […]

Generation X Remain Highest Holders Of Debt

Generation X Remain Highest Holders Of Debt

When it comes to debt loads, Generation X remains on top.  According to the latest data released by consumer credit reporting agency TransUnion, millennials have now overtaken Baby Boomers when it comes to total debt holdings. However, members of Generation X continue to carry the most debt among Canadians.  TransUnion says that total millennial debt […]

Gold After The Fed, There is Comfort in Conflict

Gold After The Fed, There is Comfort in Conflict

$GLD $XAU  FLASH: Gold Bugs are betting there is more to the precious Yellow metal’s rally than interest rates. Gold is on its way to a 3rd straight monthly gainer, trading near 6-year highs as central banks signal easier monetary policy. The Fed is expected to cut U.S. interest rates by a Quarter point Wednesday. […]

Ray Dalio’s Theory: The 10 Yr Bull Market in Gold

Ray Dalio’s Theory: The 10 Yr Bull Market in Gold

$XAU, $GLD The SPDR S&P 500 ETF Trust (NYSE:SPY) has rallied 37.5% in the past 3 years, while the SPDR Gold Trust (NYSE:GLD) has lagged, gaining just 5.7% in that frame. Now comes Bridgewater Associates hedge fund manager Ray Dalio, who has recently said gold could be gearing up for a “Gold Bug” decade of returns. Paradigm Shift: in […]

Gold in Rally Mode, Investment Strategy

Gold in Rally Mode, Investment Strategy

$XAU, $GLD, $GOLD, $NEM, $USD FLASH: The prospects of the Fed cutting interest rates to near Zero this year has gold rallying to 6 year highs. Institutional investors like gold as a hedge against uncertain times, as gold has held value over centuries. The Big Q1: But does it make sense for individual investors? Here […]

Fed’s Balance Sheet is in the Trillions, Rate Cut Signals No Further Shrinking

Fed’s Balance Sheet is in the Trillions, Rate Cut Signals No Further Shrinking

The Fed is widely expected to reduce interest rates late this month. That probably means its campaign to shrink its balance sheet is over, leaving the central bank with trillions of dollars more than before the Y 2008 financial crisis. Beginning a decade ago in a bid to fight the Great Recession, the Fed by […]

Wall Street: “Sanders Student Debt Plan Could Bring More Pain”

Wall Street: “Sanders Student Debt Plan Could Bring More Pain”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Every time a significant transaction tax has been tried, it has either been gutted or eliminated due to its failure to collect anything close to projected revenue and its impact on capital markets. Got that Bernie? American Communist Presidential hopeful, Senator Bernie Sancers (I-VT) proposed a plan Monday to […]

US Consumers Upbeat

US Consumers Upbeat

US consumer debt increased by the most in 5 months in April and topped estimates, suggesting more upbeat sentiment among Americans is supporting borrowing and spending. Total credit expanded $17.5-B from the prior month following an upwardly revised $11-B gain in March, Federal Reserve figures showed Friday. Revolving debt outstanding increased the most since November while non-revolving […]

US Household Wealth Tops $108-T in Q-1

US Household Wealth Tops $108-T in Q-1

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX US household wealth marked a record in Q-1 as the stock market rallied, supporting consumers after Fed interest-rate hikes and trade dispute shocked investors late last year. Net worth for households and non-profit groups increased by $4.69-T, or 4.5%, to $108.6-T after a 3.7% drop in the prior frame, Federal […]

Tesla (NASDAQ:TSLA) Misses Delivery Estimates, ‘Haircut’ Follows

Tesla (NASDAQ:TSLA) Misses Delivery Estimates, ‘Haircut’ Follows

$TSLA Tesla (NASDAQ:TSLA) had a rough day Thursday, the Bearish pressure came on the heels of much weaker delivery numbers on its EVs in Q-1 There continue to be concerns about how strong the demand is for the company’s M-3 sedan that has been on the market for less than 2 years. Tesla delivered just […]

The Geopolitical Uncertainty Vs The Price of Gold

The Geopolitical Uncertainty Vs The Price of Gold

$GLD, $USD, $EUR, $GBP, $CNY What we have been seeing over the past few years is that confidence in government is fading and the price of Gold is rising. Some current examples The UK House of Commons voted 413-202 last week to delay Britain’s exit from the EU. Despite resounding defeats, Prime Minister Theresa May […]

Private Markets Come of Age

Private Markets Come of Age

FLASH: McKinsey’s annual review reveals an expanding and developing industry; more tools for managed money and investors. Note: Private markets, including PE, debt, infrastructure, real estate, and natural resources. Private markets stayed strong in 2018. True, fundraising was down 11%. But $778-B of new capital flowed in. Investors have a new motivation to allocate to […]

Fed Engineered Market Correction Stripped Nearly $4-T from American’s Household Wealth

Fed Engineered Market Correction Stripped Nearly $4-T from American’s Household Wealth

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: This Bull Market is about to have its 10th Birthday! US household wealth fell 3.5% into the close of Y 2018 on the back of a Fed engineered stock market correction in Q-4 that threatened to weaken a near 10 year recovery. In its Quarterly Flow of Funds report, the […]

Looking Ahead: Seeing No Rate Hikes, No Recession, 20%+ Rally Ahead

Looking Ahead: Seeing No Rate Hikes, No Recession, 20%+ Rally Ahead

$SPY, $GLD Surprise, after all of the ‘bunk’ you have heard since early October, do not be shocked that there will be no additional Fed rate hikes, a 20% S&P 500 rally and no recession.. Byron Wein defines “surprise” as an event that the average investor would only assign a 33% chance of taking place […]

Handling Holiday Stress

Handling Holiday Stress

Handling Holiday Stress Manage Holiday Stress with these Healthy Habits 1.Exercise — A quick high-intensity workout may be the thing to boost your mood and relieve stress. Anandamide is a neurotransmitter and endocannabinoid produced in your brain that temporarily blocks feelings of pain and depression. It’s a derivative of the Sanskrit word “bliss,” and a deficiency is […]

Silver to Gold Ratio Points to Over-sized Profits Coming to Silver

Silver to Gold Ratio Points to Over-sized Profits Coming to Silver

Silver to Gold Ratio Points to Over-sized Profits Coming to Silver $SLV, $GLD, $DIA I last wrote an article on Friday November 9th as the Dow Jones closed with a value of -3.13% in the BEV chart below.  Three Friday’s later and the Dow Jones closed today with a value of -4.81%. Not much of a […]

Tesla (NASDAQ:TSLA) Looking Back Over the Year.5

Tesla (NASDAQ:TSLA) Looking Back Over the Year.5

Tesla (NASDAQ:TSLA) Looking Back Over the Past Year.5 $TSLA In the wake of his recent Axios interview of Tesla (NASDAQ:TSLA) CEO Elon Musk broadcast a lot of stuff to his listeners and devotees. Much is hyperbole, some is fact. Below are of some things that happened at the fledgling US EV maker over the past year.5, as […]

Dow Jones’ Earnings are at Record Highs Vs the Price of Gold

Dow Jones’ Earnings are at Record Highs Vs the Price of Gold

Dow Jones’ Earnings are at Record Highs Vs the Price of Gold $DIA, $SPY, $QQQ, $GLD, $SLV The DJIA is seeing action, on Wednesday, the day after the mid-term elections it advanced by 2.13% from its prior day’s closing price, it was the 4th day of extreme volatility since early October. Everyone was happy about […]

Tesla (NASDAQ:TSLA) to the Dust-bin of Automotive Wannabees?

Tesla (NASDAQ:TSLA) to the Dust-bin of Automotive Wannabees?

Tesla (NASDAQ:TSLA) to the Dust-bin of Automotive Wannabees? $TSLA From the outset Elon Musk’s strategy for Tesla has been bootstrapping: Use the money from the Lotus based roadster to develop and build the M-S; use cash from the M-S to develop and build the M-X; use cash from the M-X to develop and build the […]

Do Not Get Distracted By Tesla’s (NASDAQ:TSLA) Q-3 Profitability

Do Not Get Distracted By Tesla’s (NASDAQ:TSLA) Q-3 Profitability

Do Not Get Distracted By Tesla’s (NASDAQ:TSLA) Q-3 Profitability $TSLA Tesla posted an impressive Q-3 profit Wednesday, and the company’s top-line revenue was more stunning. The money flowing toward Tesla is more important than whether it makes or loses money on a Quarterly basis. As Tesla grows, questions could arise over its monopoly status in the EV sector, and use […]

Tesla (NASDAQ:TSLA) Key Quarterly Financial Report Coming

Tesla (NASDAQ:TSLA) Key Quarterly Financial Report Coming

Tesla (NASDAQ:TSLA) Key Quarterly Earnings Report Coming $TSLA Selling Vapor Ware and taking deposits on cars that cannot be produced and delivered do not produce earnings. Tesla’s (NASDAQ:TSLA) Mission: “Accelerate the world’s transition to sustainable energy.” It says soon on its website. My Big Q is: Why? The Big A: 1st Tesla has to prove it […]

Tesla’s (NASDAQ:TSLA) $1-B+ Debt Payments Loom, Wall Street Bankers Ready to Pounce

Tesla’s (NASDAQ:TSLA) $1-B+ Debt Payments Loom, Wall Street Bankers Ready to Pounce

Tesla’s (NASDAQ:TSLA) $1-B+ Debt Payments Loom, Wall Street Bankers Ready to Pounce $TSLA The fledgling niche EV maker has over $1-B in debt that will come due between November and March Bankers are coming to Tesla with financing ideas as debt payments loom, but Tesla officials have indicated that the automaker does not feel the pressure to […]

Tesla (NASDAQ:TSLA) Cannot Deliver Cars Means Tesla Cannot Deliver Profits

Tesla (NASDAQ:TSLA) Cannot Deliver Cars Means Tesla Cannot Deliver Profits

Tesla (NASDAQ:TSLA) Cannot Deliver Cars Means Tesla Cannot Deliver Profits $TSLA Tesla (NASDAQ:TSLA) may have emerged from ‘production Hell”as the company met Wall Street expectations producing 80,142 vehicles in Q-3, about 50% more than its prior high set in it’s last Quarter, that according to the company. The latest numbers included 53,239 M-3s, just under the 5,000 or so cars […]

Barrick (ABX) Buying Randgold (GOLD) for $18.3-B Forming Giant Global Gold Miner

Barrick (ABX) Buying Randgold (GOLD) for $18.3-B Forming Giant Global Gold Miner

Barrick (ABX) Buying Randgold (GOLD) for $18.3-B Forming Giant Global Gold Miner $ABX, $GOLD Barrick Gold (NYSE:ABX), the world’s largest Bullion producer by value, is about to become even bigger as it has agreed to buy Randgold Resources (LON:RRS, OTCMKT:GOLD) in a $18.3-B share deal, the biggest in the gold sector in the past 3 years. The […]

Tesla (NASDAQ:TSLA) Need Lots More Cash, What is Going to Happen?

Tesla (NASDAQ:TSLA) Need Lots More Cash, What is Going to Happen?

Tesla (NASDAQ:TSLA) Need Lots More Cash, What is Going to Happen? $TSLA, $MS Wall Street experts say, “Tesla will need to raise more cash”, it has some notions about how and when that may happen. Morgan Stanley (NYSE:MS) said that in addition to a capital raise in Y 2018, Elon Musk may also need an outside […]

Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022”

Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022”

Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022” $RACE Ferrari(NYSE:RACE) announced  plans to introduce 15 new models on Tuesday, including a range of hybrids and a FUV vehicle, as it aims to 2X its earnings by Y 2022. In the company’s annual Capital Markets Day presentation Tuesday, CEO Louis Camilleri pared Ferrari’s long-term […]

People a Asking: What Does the Future Hold for Elon Musk and Tesla?

People a Asking: What Does the Future Hold for Elon Musk and Tesla?

People a Asking: What Does the Future Hold for Elon Musk and Tesla? $TSLA On Tuesday, news broke that the Department of Justice had started a probe into Elon Musk’s 7 August ‘420’ Tweet: “Am considering taking Tesla private at $420. Funding secured.” The news of the DOJ inquiry sent Tesla stock tumbling yet again, […]

People Will Soon Be Asking, Who ‘Killed Tesla’?

People Will Soon Be Asking, Who ‘Killed Tesla’?

People Will Soon Be Asking, Who ‘Killed Tesla’? $TSLA Former General Motors (NYSE:GM) Vice Chairman Bob Lutz says he thinks Tesla“is headed for the graveyard.” He pointed to a handful of Tesla’s problems in a TV interview Tuesday. The totality of the fledgling EV maker’s financial, administrative, manufacturing, and legal problems, Mr. Lutz suggested, mean that Tesla’s (NASDAQ:TSLA) […]

Wall Street’s Red Lights Flashing on Tesla’s (NASDAQ:TSLA) Ability to Pay Debt

Wall Street’s Red Lights Flashing on Tesla’s (NASDAQ:TSLA) Ability to Pay Debt

Wall Street’s Red Lights Flashing on Tesla’s (NASDAQ:TSLA) Ability to Pay Debt $TSLA Tesla’s (NASDAQ:TSLA) stock price and CEO, Elon Musk are getting the headlines, but the real story looks to be the steep decline in the value of the EV maker’s bonds. $1.8-B of Tesla bonds due in August 2025 marked a record low Friday. The bonds […]

How Close was Saudi Arabia to Buying Tesla?

How Close was Saudi Arabia to Buying Tesla?

How Close was Saudi Arabia to Buying Tesla? $TSLA With privatization plans now off the table, we investigate how close Saudi’s electric dream was to becoming a reality In what became one of the most intriguing and beguiling business stories of recent years, Saudi Arabia emerged as a leading player in the complex and now defunct […]

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk Filmed Smoking Marijuana, Stock Dives

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk Filmed Smoking Marijuana, Stock Dives

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk Filmed Smoking Marijuana, Stock Dives $TSLA Tesla Inc. (NASDAQ:TSLA) CEo Elon Musk was filmed smoking marijuana, drinking whiskey and wielding a sword just hours before the automaker said its accounting chief would leave after a 1-month stint, the latest in a string of unusual behavior and executive departures that is […]

Ferrari (NYSE:RACE) Outperforms the Entire Automotive Sector

Ferrari (NYSE:RACE) Outperforms the Entire Automotive Sector

Ferrari (NYSE:RACE) Outperforms the Entire Automotive Sector $RACE Ferrari (NYSE:RACE) delivered an ROE of 63.1% over the past 12 months, impressive in the extreme compared to the industry average of 14.0% during the same frame. RACE has made huge profits from little equity capital. Taking a closer look at some factors like financial leverage to […]

President Trump Tweets: ‘Tariffs Are Working, Can Pay Down Debt”

President Trump Tweets: ‘Tariffs Are Working, Can Pay Down Debt”

President Trump Tweets: ‘Tariffs Are Working, Can Pay Down Debt” US President Donald Trump is using his tariff leverage to work closer to reciprocal trade with producing economies like China, the EU, Mexico and Canada, he declares “tariffs are working big time” and can help pay down the national debt run up by The Hussein […]

Russia Sells US Treasuries, Buys Gold

Russia Sells US Treasuries, Buys Gold

Russia Sells US Treasuries, Buys Gold $GLD Russia is buying Gold, and selling its US Treasuries to avoid “political blackmail,” according to a precious metals market analyst. “This is also a kind of political declaration, stating that countries which have too many dollars can become the object of political blackmail,” the expert, Munich-based Dimitri Speck […]

Populist Government Takes Power in Italy

Populist Government Takes Power in Italy

Populist Government Takes Power in Italy “Populism is the new organizing principle.” The new government has pledged to pursue a host of populist policies, including reclaiming national sovereignty from the European Union over issues ranging from border protection and immigration to economics and finance. For now, however, it has abandoned previous plans to hold a […]

Socialist EU Cracked, Crumbling from Inside

Socialist EU Cracked, Crumbling from Inside

Socialist EU Cracked, Crumbling from Inside Europe has relied on the US for protection and economic support, and now The Trump Administration has sanctioned the single currency bloc for refusing to level playing field on trade and unfair trade practices Friday, US President Donald Trump imposed tariffs on European steel and aluminum, dismissing Europe’s pleas, […]

Ferrari (NYSE:RACE) a Safer ‘Bet’ than Italian Government Bonds

Ferrari (NYSE:RACE) a Safer ‘Bet’ than Italian Government Bonds

Ferrari (NYSE:RACE) a Safer ‘Bet’ than Italian Government Bonds $RACE Italy’s iconic luxury carmaker Ferrari (NYSE:RACE) and Exor, the owners of Juventus football club, are among many Italian companies that can now borrow money more cheaply than Rome’s crisis-hit government. Italian sovereign bond yields rose this week to some of their highest marks in years […]

Ferrari (NYSE:RACE) Beats ‘The Street’, Stock Roars

Ferrari (NYSE:RACE) Beats ‘The Street’, Stock Roars

Ferrari (NYSE:RACE) Beats ‘The Street’, Stock Roars $RACE Ferrari (NYSE:RACE), the iconic Italian manufacturer of high performance cars reported above-consensus Q-1 earnings of 0.96/share on revenue of nearly $1-B, which increased 1.2% Y-Y. Vehicle shipments totaled 2,128 during Q-1, +6.2% Y-Y. Shipment growth was driven by sales of V12 models while sales of V8 models […]

President Trump’s Tax Cuts Seen Halting a 3-Month Retail Sales Slump

President Trump’s Tax Cuts Seen Halting a 3-Month Retail Sales Slump

President Trump’s Tax Cuts Seen Halting a 3-Month Retail Sales Slump $SPY For sure President Trump’s tax cuts have given a boost to Americans’ take-home pay this year. The Big Q: Will the US consumer putting the extra cash toward savings and debt, or using it to go shopping? The Big A: We here a […]

Tesla (NASDAQ:TSLA) Under Heavy Pressure to Produce, Cannot

Tesla (NASDAQ:TSLA) Under Heavy Pressure to Produce, Cannot

Tesla (NASDAQ:TSLA) Under Heavy Pressure to Produce, Cannot $TSLA Shares of Tesla Inc. fell again Monday ahead of the electric car maker’s announcement of Quarterly production numbers for its crucial Model 3 sedan. Shares in Elon Musk’s $50-B venture have been reeling from 3X probes into a fatal crash in California, concerns about Model 3 production […]

People are asking: “Has this market topped.”

People are asking: “Has this market topped.”

People are asking: “Has this market topped.” $DIA, $GLD, $SLV Since February 8th when the Dow Jones broke below its -10% BEV line in the chart below, it’s been building a pennant formation. I don’t know how significant it will be when the BEV plot breaks above or below the pennant, as technical analysis in today’s […]

US Household Household Wealth is “at pretty dizzying levels right now”

US Household Household Wealth is “at pretty dizzying levels right now”

US Household Household Wealth is “at pretty dizzying levels right now” $DIA, $SPY, $JPM Americans’ wealth rose more than $2-T in Q-4 of last year, pushing further into record territory, thanks to The Trump Bull Market and rising property prices, data from the Fed showed Thursday. According to the Quarterly Fed report, household net worth, […]

Millennial’s Spending Hobbled by Student Debt

Millennial’s Spending Hobbled by Student Debt

Millennial’s Spending Hobbled by Student Debt Millennial’s spending habits have been driving business leaders crazy, but not because the youngest generation in the workforce is irresponsible with their cash. On the contrary, millennials are turning out to be the most frugal demographic since the so-called Greatest Generation that came of age during the depression. That […]

The US and World Stock Markets are Functioning Normally

The US and World Stock Markets are Functioning Normally

The US and World Stock Markets are Functioning Normally $DIA, $SPY, $QQQ The technical selloffs in US and World stock markets, is not related to market fundamentals. World stock markets fell for a 4th day running on investor concerns about the prospect of higher interest rates and stretched equity valuations. US stocks marked about a […]

President Trump Has a Strong Position on the US Immigration Crisis

President Trump Has a Strong Position on the US Immigration Crisis

President Trump Has a Strong Position on the US Immigration Crisis President Trump Did Not Make Off Color Remarks Friday, US Senator David Perdue (R-GA) said that he honestly did not remember the reported words “s***hole countries” that an aggressive Dem Senator claimed were used by President Donald Trump to describe problem countries in a […]

Ferrari (NYSE:RACE) Delivers for Investors and Clienti

Ferrari (NYSE:RACE) Delivers for Investors and Clienti

Ferrari (NYSE:RACE) Delivers for Investors and Clienti $RACE “La migliore Ferrari mai realizzata è la prossima”– Enzo Ferrari* Ferrari (NYSE:RACE) delivered an *ROE (return on equity) of 115.78% over the past 12 months, which is an impressive given the industry average of 16.45% during the same frame. The impressive ratio tells us that Ferrari has […]

China to Open Up Financial Markets with Tougher Regulations

China to Open Up Financial Markets with Tougher Regulations

China to Open Up Financial Markets with Tougher Regulations China’s central bank (PBOC) Governor Zhou Xiaochuan, 69 anni, says that the country’s financial system is becoming significantly more vulnerable due to high leverage. Zhou who has made some stern warnings recently about debt levels in the world’s 2nd-largest, soon to be the world largest economy. […]

Gold Under the Right Conditions to See 1900 oz+

Gold Under the Right Conditions to See 1900 oz+

Gold Under the Right Conditions to See 1900 oz+ $GLD The Federal has stated that it would begin winding down its holdings of US Treasury debt and mortgage-backed securities (MBS) in October. The process is somewhat convoluted, with the Fed planning to allow up to $6-B of Treasury debt and $4-B in MBS to mature every month. […]

President Trump Will Get NKorean ‘Rocket Man’ to Stand Down

President Trump Will Get NKorean ‘Rocket Man’ to Stand Down

President Trump Will Get NKorean ‘Rocket Man’ to Stand Down The Trump Administration faces a “dilemma” with NKorea, but “they will work their way out of it by … getting “Rocket Man” to stand down,” former Trump domestic policy adviser Ken Blackwell said on TV Friday. “But I am sure it is a tough dilemma,” […]

We Can Now Expect Bi-partisan Efforts to Continue

We Can Now Expect Bi-partisan Efforts to Continue

We Can Now Expect Bi-partisan Efforts to Continue President Donald Trump is likely to continue to reach for bi-partisan compromise on legislation, something he promised during the Y 2016 Presidential campaign and that the American people expect, the White House said Friday. “I certainly think that the goal is to have bipartisan efforts and certainly […]

Pressure is on Congress as Lawmakers Return to DC

Pressure is on Congress as Lawmakers Return to DC

Pressure is on Congress as Lawmakers Return to DC Harvey has put heavy pressure on the lackluster US Congress as lawmakers get ready to return to Washington on Tuesday after a 5-week Summer recess. A big workload awaits them, including funding the government by month’s end and increasing the federal borrowing limit, and ever ending […]

There is No Chance the US Debt Limit will Not be Raised

There is No Chance the US Debt Limit will Not be Raised

There is No Chance the US Debt Limit will Not be Raised $DIA, $SPY, $QQQ, $VXX US Senate Majority Leader Mitch McConnell said there is “Zero chance” Congress will allow the country to default on its debt by voting to not increase the borrowing limit. Senator McConnell’s comments came Monday during a joint appearance in […]

President Trump to Sen. McConnell, “Here is my list, get to work”

President Trump to Sen. McConnell, “Here is my list, get to work”

President Trump to Sen. McConnell, “Here is my list, get to work” President Donald Trump to do list for Senate Majority Leader Mitch McConnell (R-KY) to get back in his good graces, as follows: Replace Obamacare Overhaul the US tax code and Find a way to pay for big infrastructure improvements. President Trump’s directives for […]

Expect DJIA to Trade Above 22,000 in the Coming Weeks, or Days

Expect DJIA to Trade Above 22,000 in the Coming Weeks, or Days

Expect DJIA to Trade Above 22,000 in the Coming Weeks, or Days $DIA, $GLD, $SLV Not unexpected, the Dow Jones made new all-time highs on the last 3 trading days last week. And finished Wednesday +66.02 at 21640.75 for another. The number of BEV Zeros the Dow has made since the November election increases weekly. Since […]

Electrical Power Consumption, Economic Growth and Global Warming

Electrical Power Consumption, Economic Growth and Global Warming

Electrical Power Consumption, Economic Growth and Global Warming $DIA, $GLD, $SLV The DJIA had not seen a new all-time high since June 19 until this week, when it closed at record highs 2 days running. But as the Dow Jones’ BEV chart below shows, last week it closed just 0.53% away from a new all-time […]

The Solid Reasons for Gold in an Investment Portfolio

The Solid Reasons for Gold in an Investment Portfolio

The Solid Reasons for Gold in an Investment Portfolio $GLD,  $SLV,  $ABX,  $EXCFF,  $SLW, $SPY Gold got crushed in The Trump Election rally post election, but a little over 5 months into Y 2017, the yellow metal is up 10.5%—making it one of the best-performing assets of the year so far. While the outlook for the […]

Watch as China Moves in on the Trump Weakened European Union

Watch as China Moves in on the Trump Weakened European Union

Watch as China Moves in on the Trump Weakened European Union Chinese Premier Li Keqiang’s upcoming visit to Germany and Belgium will enhance diplomatic relations with the 2 countries, and further benefit Europe. Li’s visit is among the increased high-level exchanges between China and Europe in recent years as the 2 sides are cementing ever-closer […]

Soft US Inflation May Warrant Interest Rate “Rethink”

Soft US Inflation May Warrant Interest Rate “Rethink”

Soft US Inflation May Warrant Interest Rate “Rethink” $DIA,  $SPY,  $QQQ,  $VXX Tuesday, Fed Governor Lael Brainard said soft US inflation may cause her to reassess the path forward for monetary policy should it linger, even as the global economic outlook brightens and US growth looks poised to rebound. “If the soft inflation data persist, […]

Ferrari (NYSE:RACE) Beats, Profits Up Sharply, Stock Spikes

Ferrari (NYSE:RACE) Beats, Profits Up Sharply, Stock Spikes

Ferrari (NYSE:RACE) Beats, Profits Up Sharply, Stock Spikes $RACE Thursday, Ferrari (NYSE:RACE), the iconic Italian maker of Supersports and racing cars, reported a 60% increase in Q-1 net profit (22% operating profit margin) on strong sales of some of its highest-powered and highest-priced models. Ferrari’s revenue and profit both beat all analyst expectations, and shares […]

Max Keiser and Stacy Herbert: The Fed and the Future

Max Keiser and Stacy Herbert: The Fed and the Future

Max Keiser and Stacy Herbert: The Fed and the Future Max and Stacy discuss the Fed’s balance sheet and whether or . . . NOT . . . it’s ready to save us all from the next recession. Max continues his interview with Dan Collins of TheChinaMoneyReport.com about China’s booming tech sector. They also discuss […]

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 […]

Rising Student Debt Hurts Housing and Consumer Spending

Rising Student Debt Hurts Housing and Consumer Spending

Rising Student Debt Hurts Housing and Consumer Spending Rising student loan debt looks to harm the overall US economy, especially home ownership and consumer spending, a top Federal Reserve official said Monday. The rising debt also might erode colleges’ and universities’ ability to elevate lower-income students. New York Fed President William Dudley cited research from […]

Lawsuit Alleges Obama Administration Inflated Student Loans

Lawsuit Alleges Obama Administration Inflated Student Loans

Lawsuit Alleges Obama Administration Inflated Student Loans Conservative watchdog group Judicial Watch filed a Freedom of Information Act lawsuit against the U.S. Department of Education for records of the Obama Admin’s reported “coding error” which caused inflated College Scorecard repayment rates. “The Obama administration’s Obamacare legislation also included provisions that resulted in the federal takeover […]

Economic Electrical Power Consumption…

Economic Electrical Power Consumption…

Economic Electrical Power (EP) Consumption… US Historical Review: 1929-2017 $DIA, $SPY, $GLD, $SLV Last Friday promised some excitement for this week; what with the much anticipated interest rate increase by the FOMC and the Federal Government hitting its debt ceiling on Wednesday the 15th. Friday evening, it was all much to do about nothing, with […]

US to Keep Aaa-Rating After Debt Ceiling Hike of Cap

US to Keep Aaa-Rating After Debt Ceiling Hike of Cap

US to Keep Aaa-Rating After Debt Ceiling Hike or Cap $MCO Moody’s Investors Services (NYSE:MCO) said Monday the US will retain the rating agency’s top-notch debt rating as long as it meets its interest payments even if the government’s borrowing cap is reinstated Thursday. In November 2015, federal lawmakers suspended the federal debt ceiling, which […]

US Student Loan Debt Reaches $1.31-T

US Student Loan Debt Reaches $1.31-T

US Student Loan Debt Reaches $1.31-T Student loan debt in the United States stands at $1.31-T, far more than Americans’ total outstanding credit card balance of $779-B. The Federal Reserve Bank of New York calculated the numbers and released a report that includes debt data through the end of 2016. Other Key figures in the […]

LTN Favorite Ferrari (NYSE:RACE) Above Key Resistance Turned Support

LTN Favorite Ferrari (NYSE:RACE) Above Key Resistance Turned Support

LTN Favorite Ferrari (NYSE:RACE) Above Key Resistance Turned Support $RACE Ferrari (NYSE:RACE) with a market cap near 12-B has been on the stock market since its IPO date on the 21 October 2015. Ferrari is in the Auto Manufacturers – Major industry and Consumer Goods sector and trade as a Luxury brand. Average volume for Ferrari […]

Millennials’ Worth 50% Less Than Boomers’ During Same Life Stage

Millennials’ Worth 50% Less Than Boomers’ During Same Life Stage

Millennials’ Worth 50% Less Then Boomers’ During Same Life Stage Despite being better educated, Millennials, on average, make 20% less than their parents did during the same life stage. Fully 63% of Millennials have more than $10,000 in Student Debt, they will be paying if for many years to come. A new study released today […]