Reckless and undisciplined, Trump, they fear, may send the country into financial chaos…and unleash the populist mobs against the Washington and Wall Street insiders.
Good jobs numbers are supposed to encourage the Fed to ‘tighten’ — that is, raise interest rates. This would further strengthen the dollar…and push Treasury yields higher.
As the one-year chart of banking sector barometer Commonwealth Bank [ASX:CBA] shows, the sector doesn’t look too exciting.
One represents the international Deep State elite, desperate to hold on to its power, wealth and privileges. The other promises an American ‘Brexit’…
Donald Trump let it be known last week that if the US federal debt begins to weigh too heavily on his shoulders, he will do what he does best — renegotiate.
The common folk know something is wrong. So, they turn to Trump, who promises to ‘kick ass’…or to Bernie Sanders, who promises to tax and spend on their behalf.
Trump was using the Fed’s cheap credit to finance real estate in the heart of the financial world.
What does Donald Trump think about the stock market? Investors, are ‘being forced into an inflated stock market and at some point they’re going to get wiped out… We’re in a bubble right now.’
Is Trump a Neanderthal? Yes, we all are. The story of our species is 300,000 years old. But what does this have to do with money?
Elected in 1952, Dwight Eisenhower ended the Korean War, balanced the budget, reduced US debt as a percentage of GDP by nearly 15%, and reduced government spending
What a rollicking good time we’ve had these past few days. The G7…the North Korean summit…Canada’s ‘backstabber’ chief… Did any generation before us enjoy so much cheap entertainment?
Last week, it was war with Europe. This week, it’s bombs over Toronto. Plans are being drawn up for two walls. One across the southern border to keep Mexicans out, and one across the 49th…
The NASDAQ hit a new record high and unemployment is at 3.8%, a 50-year low. Let’s see…a 50-year low. That would put it back in 1968. When the president refers to making America great again…that…
‘Trump declares war on Europe’, was today’s headline in Le Monde. Last week the president announced trade tariffs on imported aluminium and steel, not just from ‘enemies’ like China, but also from American allies like Canada…