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?
Donald Trump campaigned to become US President on conflicting promises about big banks. Some of the populist talk followed Trump into office. But clearly, actions speak louder than words. The steps taken by the new government have been towards pure deregulation. This is how the cycle repeats.
These policies do nothing to alleviate any of these problems. In fact, they exacerbate them by putting pressure on future governments to cut spending. There’s a strong chance that the US will never pay their debts back. In the past the only two ways a country would get out of such a mess is by strongly devaluing their currency. Such a move would end the US’s economic dominance.
Most public figures are, at least in part, scoundrels. It would be an amazing thing — especially in America — if Mr Trump were an exception. He’s part of what makes it such a pleasure to be an American. The show never ends…
US President Donald Trump told the American public what he needed in order to get elected. But, as Cycles, Trends and Forecasts editor Phil Anderson sees it, all this political rhetoric from Trump is part of an identifiable cycle.
As a result, the US empire is headed to bankruptcy…or to Hell. It would take a remarkably talented and determined leader to alter the direction of the march. Donald J Trump will not do that job; instead, he busies himself on Twitter to keep his fans distracted.
What matters is the Trump brand…and that he could use the same techniques in his run for the White House that he used to build his business empire.