The reason we are losing the economic war with China goes back to Democrats and the Clinton Administration back in the 90s. The 90s really set the “free trade” framework which was responsible for the loss of America’s manufacturing sector. Republicans under President Bush continued the “free trade” policies of the 90s which culminated in Read More »
Scaramucci is one tough dude brought in as the axe to purge Obama leftovers from positions of power who are hell-bent on leaking information to the press in an attempt to discredit and derail the Trump agenda. I called for a purging of Obama leftovers from deep-state positions months ago. President Trump acted really gullible Read More »
Folks as traders we know better than anyone else that President Trump’s election has been great for the stock market. The problem is that President Trump has cited how the stock market has gone up by $3 trillion in value since his election. This has put a great big target on the stock market. Powerful Read More »
Folks a coup against President Trump could be taking place. Rogue elements within the US government wire-tapped then candidate Trump’s phones inside the Trump Tower. Rogue elements inside the US government are log jamming and taking actions to undermine President Trump at every turn. I think we have enough evidence now to show a trend Read More »
Ron Paul continues to forecast a collapse of the US economy even in light of the election of President Trump. Ron Paul said that Federal Reserve policy has set the country up for economic collapse, and though the central bank has been very creative in making the impossible work, and putting off financial disaster, nothing Read More »
The Committee on Foreign Investment in the United States (CFIUS) just did the unthinkable last week by deciding there are “no unresolved national security concerns” over the deal to sell the 134-year-old Chicago Stock Exchange to the Chinese. Every common red-blooded American knows that selling the Chicago Stock Exchange to the Chinese represents the largest Read More »
ObamaCare has created massive shortages within the healthcare sector. In cities, it is common to wait many hours before being seen as hospitals have a shortage of beds. Doctors have stopped taking new patients as they are overwhelmed by the numbers of people coming to see them. Let’s examine what happened from a macroeconomics perspective. Read More »
All the recent talk of an OPEC deal to push up the price of oil is nonsense. Here is a hypothetical supply and demand chart of oil. In this hypothetical example, equilibrium is set where the supply and demand curves cross at a price of $40 a barrel at 75 MMbpd. Shifting the Supply Curve Read More »
The US national debt just broke above $19.5 trillion. Both Democrats and Republicans are to blame, but it is important to note that President Obama and Democrats increased the national debt more than all President’s before combined. George Bush exploded the national debt by $3 trillion in response to an imploding economy and 911. Obama Read More »
The velocity of money has hit the lowest level ever recorded as I wrote about here. I believe the crowding out effect is at least partially to blame for the slowdown in the velocity of money. President Obama has run the national debt up to nearly $20 trillion, more than all Read More »
Falling profit margins typically precede a recession. Last week, the Bureau of Economic Analysis released the latest profit margin numbers that clearly point to an oncoming recession. Notice how the last two recessions (shaded areas) came within six months of a -20% change from a year ago (red line). The only thing that is different Read More »
The ObamaCare lie that health care premiums would fall for hard working Americans is so insidious, I fully expect Democrats and Clinton to lose to Trump in November. Here is Obama lying to the American people about how ObamaCare would lower working people’s health care premiums: If you haven’t already heard from your employer, health Read More »
