Amazon Stock Price At $3000 In 10 Years Says Wedbush



CNN Admits Trump Russia Stories Are Fake News, All About Ratings


A CNN producer is caught on hidden camera admitting that so called “news” about Russia ties to the Trump Administration are fake news and are really all about ratings. I said months ago on a Saturday show that the whole Russia thing was fake news. Either a real stupid YouTuber or a democrat operative posted Read More »

Why Tony Dwyer Is Wrong That Stocks Are a Terrific Buy


Tony Dwyer of Canaccord Genuity says that there’s this narrative out there that the yield curve flattening is telling you that the economy is closer to recession and the stock market is in trouble. Tony Dwyer disagrees and thinks the yield curve shows that now is a terrific time to buy stocks (link to CNBC Read More »

Jeff Gundlach DoubleLine

Jeff Gundlach DoubleLine Predicts Summer Drop In Markets


Jeff Gundlach of DoubleLine is predicting a summer drop in markets and I agree. The CEO told CNBC (link above) that if you are an active trader you should be taking profits in longs and moving to cash today, literally today. Jeff Gundlach DoubleLine Prediction It’s hardly surprising that a bond trader like Jeff Gundlach Read More »

Keep Current Interest Rates Low Yellen

Why Current Interest Rates Could Help Get Yellen Fired


President Trump told Janet Yellen he thinks she’s a low interest rate person like himself according to a CNBC report (link above). Yellen has been raising current interest rates and so I’m thinking the President is less likely to keep her on-board when her term expires in February 2018. Citing a Wall Street Journal article, Read More »

Government Shutdown Coming Soon

Government Shutdown Coming Unless Something Changes Fast


A government shutdown is coming straight at us like a freight-train and Congress better do something fast. David Stockman told CNBC (link above) that in this government where the system is determined to unseat President Trump, it’s unlikely that both parties will come together to raise the debt ceiling. Government Shutdown Coming Fast The first Read More »

How High Bitcoin Go 2017 Many Say $10,000

How High Bitcoin Go 2017, Many Say $10,000


Everyone wants to know how high can bitcoin will go in 2017 after the internet bubble like appreciation over the last few months. The search phrase how high bitcoin go 2017 has exploded higher over the last week. So many people are still bashing bitcoin (BTC) today. I use to be a basher. I was Read More »

China Is Not a Friend of the United States


How stupid do you have to be to think that China is a friend of the United States? South Korea and the U.S. were carrying out their usual joint military exercises in the region and so North Korea violated international law and launched four ballistic missiles on Monday in response. North Korea just figured out Read More »

Guess Who Is On Trump’s Economic Team, SWEET!


Do you remember when the WSJ, CNN, CNBC, NBC, ABC, CBS, Bloomberg, Forbes, and Reuters ran stories at the start of the year about how no one even knows who was advising Trump on economic matters? They even went as far to say that Trump had no support of any economists. That never sat right Read More »

Saudi Arabia Bond – Fat Chance You Oil Pumping Sharks


Saudi Arabia is now offering an international bond that yields 4.6%. The WSJ writes… The $6.5 billion 30-year portion of Saudi Arabia’s bond is set to pay 2.1 percentage points more in yield than a comparable U.S. Treasury, or around 4.6%. That is a sizeable pickup in a world where developed-market Read More »

Saudi Arabia Attackers Claim 35 Percent Of Oil Market


Saudi Arabia targeted the US oil market by increasing production and flooding US markets with cheap oil. The mainstream financial media was in denial that the Saudis would target the US energy sector. In the early days of Saudi Arabia’s attack back in July of 2014, CNBC had numerous energy traders on that scoffed at Read More »

US Banks To Be Decapitated If Brexit


If you are looking for a black swan event that could plunge the weak US economy into a full-blown recession, Brexit could be it. Big US banks have already taken brutal losses over the last year. Bank of America has more than $2.1 trillion in assets. Bank of Amerca’s stock has plunged -20% from a Read More »