Philly Fed Survey: Trump Trade Disputes Barely Slows Manufacturers’ Investment Plans

 Philly Fed Survey: Trump Trade Disputes Barely Slows Manufacturers’ Investment Plans

Philly Fed Survey: Trump Trade Disputes Barely Slows Manufacturers’ Investment Plans US Manufacturers in the northeast are largely shrugging off global trade disputes and plan to boost investments next year thanks to tax cuts, according to a Federal Reserve survey. More than 64% of business respondents in the Philadelphia Fed district said tariff and trade […]

Fed’s Current Monetary Policy Raise the Risks of Recession

Fed’s Current Monetary Policy Raise the Risks of Recession

Fed’s Current Monetary Policy Raise the Risks of Recession President Trump has criticized recent Fed rate increases, arguing that they threatened economic growth. The Fed’s current monetary policy path would raise the risks of recession in an economy where recent, unexpectedly strong growth may start to taper anyway, St. Louis Fed President James Bullard said […]

President Trump is Not Demanding a Monetary Policy Change at the Fed

President Trump is Not Demanding a Monetary Policy Change at the Fed

President Trump is Not Demanding a Monetary Policy Change at the Fed Wednesday, White House economic advisor Larry Kudlow said that US President Trump was not demanding a policy change at the Fed. President Trump heaped more criticism on the Fed Tuesday, calling rising US interest rates his “biggest threat.” The Trump Administration official said […]

China’s Q-3 GDP Growth Lowest Since the ‘Great Recession’

China’s Q-3 GDP Growth Lowest Since the ‘Great Recession’

China’s Q-3 GDP Growth Lowest Since the ‘Great Recession’ An official survey confirmed that manufacturers were coming under stress. At this week’s end, global investors and policy makers will likely be given a cold hard reminder of the costs of the US-China trade dispute, with a Reuters poll predicting that China’s Q-3 growth will slow […]

US Economy Experiencing “Extraordinary Times”, Outlook Strong

US Economy Experiencing “Extraordinary Times”, Outlook Strong

US Economy Experiencing “Extraordinary Times”, Outlook Strong Tuesday, US Fed Chairman Jerome Powell said Tuesday that he sees no need to drop the central bank’s current gradual approach to raising interest rates. Chairman Powell said the combination of steady, low inflation and very low unemployment shows the country is going through “extraordinary times.” The Fed […]

“Iran’s Government Will Be Overthrown”

“Iran’s Government Will Be Overthrown”

“Iran’s Government Will Be Overthrown” Saturday, US President Donald Trump’s personal lawyer Rudy Giuliani said that US sanctions on Iran are leading to economic pain that could lead to a “successful revolution,” contrasting with administration comments that regime change in Tehran is not US policy. “I don’t know when we’re going to overthrow them,” said […]

Secretary Pompeo: “US Iran Policy ‘Straightforward'”

Secretary Pompeo: “US Iran Policy ‘Straightforward

 Secretary Pompeo: “US Iran Policy ‘Straightforward’” Stop being a world sponsor of Terror. US President Donald Trump’s policy on Iran is and has been ‘straightforward’ all along, Secretary of State Mike Pompeo said Friday: Stop being a world sponsor of terror. “We have made it clear that regime change is not President Trump’s policy,” Secretary […]

President Trump’s Tariff Policy to Have Little Inflation Effects

President Trump’s Tariff Policy to Have Little Inflation Effects

President Trump’s Tariff Policy to Have Little Inflation Effects $BAC US Commerce Secretary Wilbur Ross said that President Donald Trump’s new China tariffs will increase prices but “nobody is going to actually notice.” Secretary Ross said in a TV interview that the tariffs will be “spread across thousands and thousands of products” and “nobody is […]

John Kerry ‘Actively Undermining’ US Policy on Iran

John Kerry ‘Actively Undermining’ US Policy on Iran

John Kerry ‘Actively Undermining’ US Policy on Iran Secretary of State Mike Pompeo is unloading on his Obama-era predecessor John Kerry for “actively undermining” US policy on Iran by meeting several times recently with the Iranian foreign minister, who was his main interlocutor in the Iran nuclear deal negotiations. Friday, in blunt and caustic language, […]

US Weekly Jobless Claims Fall Unexpectedly 

US Weekly Jobless Claims Fall Unexpectedly 

US Weekly Jobless Claims Fall Unexpectedly The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting that a strong economy is helping the labor market weather ongoing trade tensions between the United States along with a host of other countries. Initial claims for state unemployment benefits slipped 6,000 to a seasonally adjusted […]

US Trade Dust-up Causes Rift in Chinese Leadership

US Trade Dust-up Causes Rift in Chinese Leadership

US Trade Dust-up Causes Rift in Chinese Leadership A growing trade dispute with the US is reported to be causing rifts within China’s Communist Party, with some critics saying that an overly nationalistic Chinese stance may have hardened the US position. President Xi Jinping still has a firm grip on power, but an unusual surge […]

WS-J: California Democrats Prioritize Green Policies Over Fire Prevention

WS-J: California Democrats Prioritize Green Policies Over Fire Prevention

WS-J: California Democrats Prioritize Green Policies Over Fire Prevention The huge wildfires in California are a reckoning for the state’s Democratic lawmakers who have repeatedly chosen to please the green lobby over fire prevention, the WS-J wrote in an editorial. Instead of being outraged at President Donald Trump for calling them out on it, California lawmakers should instead […]

President Trump’s Foriegn Policy, “So Far, So Good

President Trump’s Foriegn Policy, “So Far, So Good

President Trump’s Foreign Policy, “So Far, So Good” Thursday, Senator Tim Scott (R:SC) characterized President Donald Trump’s foreign policy chops as “so far, so good.” In an afternoon TV interview the South Carolina Republican insisted that “we have to have confidence in the President of the United States when he says what he says.” “The […]

The Humanitarian Hoax of Illegal Immigrant Family Separation at the US Border

The Humanitarian Hoax of Illegal Immigrant Family Separation at the US Border

The Humanitarian Hoax of Illegal Immigrant Family Separation at the US Border $GOOG, $FB, $TWTR Opening Comment: “If the humanitarian hoax of illegal immigrant family separation at the border is successful then leftist Democrats will have duped America into blaming President Trump for the abusive policies of Bill Clinton and Barack Hussein Obama.” The Humanitarian […]

President Trump: “We Will Not Rest Until Our Border Is Secure”

President Trump: “We Will Not Rest Until Our Border Is Secure”

President Trump: “We Will Not Rest Until Our Border Is Secure” Friday, US President Donald Trump hammered the nation’s “weak” immigration laws, telling families of people who died at the hands of illegal immigrants that “our 1st duty, and our highest loyalty, is to the citizens of the United States.” “We will not rest until […]

President Trump “Halted America’s Downward Spiral”

President Trump “Halted America’s Downward Spiral”

President Trump “Halted America’s Downward Spiral” It is distasteful to return to my exchange with my esteemed NRO colleague Jonah Goldberg about the column he wrote several weeks ago likening President Trump’s reference to the implantation of FBI informers in his campaign as “Spygate” to McCarthyism. He replied on June 6, citing some of what I had written, […]

Trump Vs Trudeau: Strong USD = Pain for All Canadians

Trump Vs Trudeau: Strong USD = Pain for All Canadians

Trump Vs Trudeau: Strong USD = Pain for All Canadians $USDCAD The Canadian Dollar (CAD) aka ‘Loonie’ slumped Monday on continuing trade issues between Canada and the US, and there is noting to keep the Loonie from extending its fall. USDCAD, +0.0539% was among the worst performers Monday following the G-7 Summit that saw US President Donald […]

The Next 5 Years Dow Jones Industrial Average or the Barron’s Gold Mining Index?

The Next 5 Years Dow Jones Industrial Average or the Barron’s Gold Mining Index?

The Next 5 Years Dow Jones Industrial Average or the Barron’s Gold Mining Index? $DIA, $GLD, $SLV The Dow Jones Industrial Average (DIA) closed the week with its BEV plot under -5% for the 1st time since early March. No small thing for the Bulls, seeing the Dow’s BEV plot rising towards its BEV Zero […]

German Firms Aligning With US on Iran Nuclear Exit, Macron in the Cold

German Firms Aligning With US on Iran Nuclear Exit, Macron in the Cold

German Firms Aligning With US on Iran Nuclear Exit, Macron in the Cold $VLKAY, $SIEGY, $BASFY, $EADSY Just a bit ago US Ambassador to Germany Richard Grenell faced backlash for a tweet calling on German companies to cut ties with Iran, a new report says the nation’s countries are starting to cut ties after President Trump announced […]

US Senate to say No to Legal Marijuana

US Senate to say No to Legal Marijuana

US Senate to say No to Legal Marijuana US Senator Majority Leader Mitch McConnell (R;KY) just says No A House committee advances a VA medical marijuana bill Pennsylvania’s Governor and Attorney General are not ok with a Philadelphia safe injection site US Marijuana Policy Senator Mitch McConnell (R-KY) is ‘down’ with Hemp, not with MaryJane […]

Moody’s Rates US Credit “Top Notch” at Aaa

Moody’s Rates US Credit “Top Notch” at Aaa

Moody’s Rates US Credit “Top Notch” at Aaa $DIA, $SPY, $QQQ, $VXX This week Moody’s said that it has maintained the United States’ top-notch “Aaa” credit rating, saying the country’s “exceptional” economic strength would counterbalance lower fiscal strength. The ratings agency also kept its stable outlook on the United States and said it expects Washington to resolve […]

President Trump Turns On ‘The War on Weed’

President Trump Turns On ‘The War on Weed’

President Trump Turns On ‘The War on Weed’ President Trump goes all states’ rights on Jeff Sessions when it comes to marijuana policy The US Attorney General now finds himself out of step with our President President Trump last week signaled a dramatic turnaround in administration marijuana policy, telling Colorado Republican Sen. Cory Gardner that […]

Larry Kudlow Does Not See Major WH Economic Staff Changes

Larry Kudlow Does Not See Major WH Economic Staff Changes

Larry Kudlow Does Not See Major WH Economic Staff Changes US President Donald Trump’s incoming National Economic Council Director Larry Kudlow has asked the staff assembled by outgoing chief Gary Cohn to stay with him. “It’s a terrific staff, and I’ve asked everyone to stay on,” Mr, Kudlow told  reporters Trusday. “I’ve met with all […]

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 […]

Rex Tillerson Undercut President Trump, Got Sacked

Rex Tillerson Undercut President Trump, Got Sacked

Rex Tillerson Undercut President Trump, Got Sacked President Trump sacked Rex Tillerson on Twitter Rex Tillerson got Fired as Secretary of State because he undercut US President Donald Trump on his dealing with NKorea, the  national spokesperson for the Republican National Committee (RNC) said. “Rex Tillerson, as much as we thank him for his service, […]

Dow Jones Industrial Average and the Barron’s Gold Mining Index

Dow Jones Industrial Average and the Barron’s Gold Mining Index

Dow Jones Industrial Average and the Barron’s Gold Mining Index $DIA, $GLD A 98 Year Examination Looking at the market at the close last week, apparently the “policy makers” have once again gotten a handle on the financial markets. In the Dow Jones BEV chart below it did correct 10%; but only for one day, […]

President Trump Wants Just One Voice on Foreign Policy

President Trump Wants Just One Voice on Foreign Policy

President Trump Wants Just One Voice on Foreign Policy US President Donald Trump gave Secretary of State Rex Tillerson the gate because he wants the United States speaking with “a singular voice” in its foreign policy, Marc Lotter, a national spokesperson for the Commander-in-Chief, Tuesday. “He’s moving forward,” Mr. Lotter said. “We are at a very […]

China Can ‘Open Up’ More, We Expect it Will

China Can ‘Open Up’ More, We Expect it Will

China Can ‘Open Up’ More, We Expect it Will People’s Bank of China (PBoC) Governor Zhou Xiaochuan, 70 anni, said market access reforms should be accelerated and that the world’s 2nd-largest economy “ can be bolder in opening up.” Policy makers are now focused on achieving “quality” growth, rather than the pace of expansion, which […]

US Drug Policy Update

US Drug Policy Update

US Drug Policy Update US President Donald Trump and Jeff Sessions, the US Attorney General announced a new front in the war on opioids Attorney General Sessions announces a task force that will target opioid manufacturers and distributors. And this week, President Trump convened a White House summit on opioid epidemic in the US Marijuana […]

Americans’ Economic Expectations Soar

Americans’ Economic Expectations Soar

Americans’ Economic Expectations Soar Americans’ outlook for the US economy improved in February to the 2nd-highest mark since March 2002, indicating lower taxes are resonating, the Consumer Comfort Index showed Wednesday. Highlights of Consumer Comfort for the Week Ended 18 February Monthly gauge of economic expectations climbed to 54.5 from 52.5 in January Weekly comfort index was little changed […]

Marijuana Friendly US Senator from Colorado Eases Up On DOJ

Marijuana Friendly US Senator from Colorado Eases Up On DOJ

Marijuana Friendly US Senator from Colorado Eases Up On DOJ Colorado Republican US Senator will stop blocking nominees for some Justice Department jobs over concerns about the marijuana industry, saying Thursday that federal officials have shown good faith in recent conversations on the department’s marijuana  policy. Last month, Senator Cory Gardner used his power to […]

Monetary Policy is the Engine-of-Inflation

Monetary Policy is the Engine-of-Inflation

Monetary Policy is the Engine-of-Inflation $DIA, $GLD, $SLV Just 2 Friday’s ago, on January 26th The Dow Jones Industrial Average (DJIA) made its latest BEV Zero, new all-time high.  Then 9 trading days later on Thursday February 8th it broke below its BEV -10% line in a dramatic fashion. The BEV plot seen below begins at […]

Dick Durbin is Intentionally Trying to Scuttle DACA Talks

Dick Durbin is Intentionally Trying to Scuttle DACA Talks

Dick Durbin is Intentionally Trying to Scuttle DACA Talks “DACA is probably dead because the Democrats don’t really want it, they just want to talk and take desperately needed money away from our Military,” President Trump Tweeted Sunday. “I, as President, want people coming into our Country who are going to help us become strong […]

President Trump’s Tough Immigration Talk Targeted Corrupt Countries

President Trump’s Tough Immigration Talk Targeted Corrupt Countries

President Trump’s Tough Immigration Talk Targeted Corrupt Countries Last Thursday, US President Donald Trump was not talking about race when he talked tough and strong on immigration, he was referring to corruption, mass starvation and human rights abuses in the designated countries. And everyone in that closed session WH meeting knows that. “It had nothing […]

The Trump Bull Market Charges Into 2018, DJIA Breaks 25,000

The Trump Bull Market Charges Into 2018, DJIA Breaks 25,000

The Trump Bull Market Charges Into 2018, DJIA Breaks 25,000 $DIA, $SPY, $QQQ, $VXX The macro indicators are telling investors that world economies are doing really well under President Trump’s MAGA policies. Thursday, the DJIA broke above the 25,000 for the 1st time, and other major US indexes posted new records, driven by strong US […]

US Growth is Expected to Stay Above the Forecast Rate

US Growth is Expected to Stay Above the Forecast Rate

US Growth is Expected to Stay Above the Forecast Rate $DIA, $SPY, $QQQ, $VXX Econ 101: no inflation no growth. Investors have been underestimating the importance of US economic growth for Fed policy, and giving too much relative emphasis to inflation and wage data that have tended to disappoint expectations, If it starts looking more […]

China says, “We are rising, accept it.”

China says, “We are rising, accept it.”

China says, “We are rising, accept it.” Tuesday, the Chinese government criticized US President Donald Trump’s decision to label Beijing a strategic rival and called on Washington to “abandon a Cold War mentality” and accept China’s rise. President Trump’s decision reflects a “victory of hardliners” in his administration, the official news agency said. It warned […]

President Trump is Right, “America First”

President Trump is Right, “America First”

President Trump is Right, “America First” President Donald Trump is right to take an America First approach to foreign policy, former Senator Joe Lieberman said in a TV interview During an appearance Senator Lieberman was asked about President Trump’s national security speech Monday that outlined America’s strategy moving forward. “It’s America First, which frankly it always […]

Bear Market Volatility, 200 Day Count in this Bull Market

Bear Market Volatility, 200 Day Count in this Bull Market

Bear Market Volatility, 200 Day Count in this Bull Market $DIA, $VXX, $GLD Anything I say this week may appear foolish this Friday. Unless something big happens, this is my last article for 2017.  I plan to submit my next for the weekend of January 13-14.  I do not expect my readers will be missing […]

US Attorney General Sessions Signals Change in Marijuana Policy

US Attorney General Sessions Signals Change in Marijuana Policy

US Attorney General Sessions Signals Change in Marijuana Policy USAG Sessions signals changes in federal marijuana enforcement policy Senator Elizabeth Warren challenges Trump’s HHS nominee on medical marijuana and opioids, Attorney General Sessions is making news on both the Marijuana and the Opioid fronts. Marijuana Policy Sessions Hints at Changes in Federal Marijuana Enforcement. At […]

FLASH: DOJ May Enforce Marijuana Laws in States Where Legal

FLASH: DOJ May Enforce Marijuana Laws in States Where Legal

FLASH: DOJ May Enforce Marijuana Laws in States Where Legal The US Justice Department (DOJ) may reverse course from The Hussein Obama Era and toughen enforcement of federal laws against marijuana possession, Attorney General Jeff Sessions said late Wednesday. “We are looking very hard on that right now,” USAG Sessions told reporters. “We had a […]

Mulvaney Leads CFPB, Shredding More Hussein Obama Policy

Mulvaney Leads CFPB, Shredding More Hussein Obama Policy

Mulvaney Leads CFPB, Shredding More Hussein Obama Policy Tuesday, a US district court denied a motion for a TRO (temporary restraining order) to prevent President Donald Trump from naming an interim director of the Consumer Financial Protection Bureau. A lawsuit requesting the temporary restraining order was filed by Leandra English, an Hussein Obama-era appointee and […]

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 […]