The US is at risk of defaulting on its obligations once more. Trump has already threatened a government shutdown if he doesn’t get support. Heating up debate over the issue as the deadline closes in.
Politics and History
Our editors look back to previous periods in politics and history to discover the parallels with today’s market and how this can help your investing.
History doesn’t repeat, as writer Mark Twain once wrote, but it rhymes. For an entertaining and informative romp through financial disasters and bull markets of yesteryear, plus the legendary investors who made a fortune and the foolish knaves who lost their shirts, read on…
Mr Trump has already given up his America First foreign policy pledge. Next, he will turn over tax reform and monetary policy to the Goldman Group — led by Cohn and Mnuchin. That will leave him with only one wall left: trade policy.
While no sane person wants war, the situation should be good news for the best nickel stocks. I’ll keep tipping nickel stocks for that reason. That is, as long as I can find suitable opportunities.
'Politicians being politicians…their promises went way beyond even what we could. Now, we have obligations and expectations that can’t be met...So it’s harder to do business…and harder to make money.'
What bothers me is the complete lack of direction from the central bankers. Now, I don’t want to be a cheerleader for obsessing over central bank statements, but not saying anything at all bothers me far more than saying too much.
Sooner or later, it had to come to an end. How? When? Today, we ramble through one possibility… After more than 100 months of rising prices, stock markets are probably ready for a change of direction.
While we may reminisce about the ‘good ol’ days’, we must accept responsibility for making the world more complex. We took full advantage of the previous generation’s austerity to create our prosperity.
Donald J Trump promised to pull the plug. But he couldn’t even if he wanted to. And now his decisions are Oval Office decisions…that is to say, those that suit the Deep State. He cannot drain the swamp; he is now a part of it.
As time goes by, the influence of the takers grows — more laws, more regulations, and more programs that reward only the insiders. The government becomes a tool for these people to get what they want — by taking it from the productive, win-win economy.
Historians will decide exactly when the fourth industrial revolution began. Nonetheless, the impact of this technological revolution we are at the beginning of will have wide-ranging repercussions on economic growth around the world.
Yesterday, Donald Trump, president of all the Americans, said his country would spend more blood and money trying to force the Afghans to do what it wants them to do, whatever that is.
Behind the flurries lies a much bigger storm. There, the howling winds of fake finance blow up so much dust that the typical person cannot see clearly.
Didn’t they smell the squalor of the slave quarters and hear Simon Legree’s whip in the fields? Didn’t they see the gentle hearts yearning for liberty?
In professional wrestling, scriptwriters always include what they call a ‘Holy Sh*t!’ moment. Donald J Trump, a wrasslin’ fan, took a ‘Holy Sh*t!’ blow on Tuesday.
Poor Johnny Reb. He answered the call to serve his nation…taking up arms to protect it against invaders coming down from the North. And now he’s branded a ‘terrorist’! Why now?