A tsunami retail store closings is headed our way courtesy of the weak US economy and pathetic 2% GDP growth. I thought Democrats did such a good job with the economy… NOT!
The CEO of EBAY just got done saying on CNBC, “I’m not sure all retailers will make it to the next holiday season.”
Barron’s just released a cover story that suggests that President-elect Donald Trump should take steps to make U.S. trade policy freer than it is now after a backslide during the past 15 years. Barron’s goes on to assert that any aggressive push by Trump to hike tariffs will face resistance from a Republican-dominated Congress that (Read More….)
We pulled off an incredible victory of getting Donald Trump elected. Congrats guys, we did it. Now the first point of focus is the backward bending Laffer Curve. Thanks to the reckless policies of Democrats and Obama, the national debt is up to almost $20 trillion dollars. The horrible national debt leaves Trump with little (Read More….)
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….)
Bill and Hillary Clinton’s NAFTA helped Mexico at the expense of US workers.
Economists against NAFTA in the 1990s warned everyone that all Mexico had to do was to devalue their currency to gain comparative advantage over the US for just about every product produced. The chart below shows Mexico has been devaluing their (Read More….)
As wages rise, more and more business owners are turning to machines instead of human labor. President Obama and Democrats have spent the last 8 years replacing high-paying jobs in the manufacturing sector with low-paying jobs in the services and health care sectors. But in all fairness, both Republicans and Democrats are to blame for (Read More….)
Mainstream media groups (yes that includes Fox New) are putting a positive spin on economic reports on the US economy. This positive spin provides support for Hillary Clinton, and Democrats claim that they’ve managed the economy so well. As traders, you have to be aware that this is going on so that you minimize losses (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. (Read More….)
Mexico is devaluing its currency to gain a huge advantage in international trade. Democrats and the Obama Administration have done nothing to stop it.
Like most economists, I am for free trade; however, free trade today is not what it was in the 90s. The concept of international trade works because of comparative advantage. (Read More….)
Foreign countries are dumping US debt at an alarming pace. Foreigners dumped $54.2 billion in US Treasury bonds in just the last four weeks.
Since the start of 2016, foreign countries have sold more than $177.7 billion in US Treasury bonds, bringing the total to $2.827 trillion, the lowest amount of Treasuries held by (Read More….)
Donald Trump has correctly criticized the Federal Reserve for keeping interest rates low for Democrats. Yellen’s allegiance to Democrats is something I’ve been talking about for more than a year now.
Janet Yellen herself is a Democrat who was appointed by Obama. Remember how Yellen was questioned about why she was meeting with Democrats more (Read More….)
The internet is buzzing about the latest Retail Sales report that shows a gradual slowdown in consumer spending. The buzz centers around the question of how can the S&P 500 be hitting all-time highs when retail sales continue to trend downward?
Some are speculating that the Democrat and Republican Establishments are working together to (Read More….)
The WSJ got me good. Well play WSJ, well played. The WSJ ran this article on Monday about oil officially entering a Bear market.
The WSJ is such a tool for the Republican establishment running hit-piece after hit-piece against Donald Trump. I know not to trust the WSJ. In the movie The Big Short, there (Read More….)
While police across this country have been under siege, they are still stepping into harms way by providing security at the RNC this week.
Police are defending Americans right to assemble as part of our democracy. Whether you are a Republican or not, you have to applaud these heroes, and that’s what a lot (Read More….)
The latest campaign donations show that while more bankers are backing Hillary Clinton, smaller traders are supporting Trump.
The Trump campaign has raised $65.3 million of which 73% came from individuals.
The Clinton campaign has raised $313.9 million of which only 22% came from individuals.
[graphiq id=”csighUXFFwp” title=”2016 Presidential Candidate Small Donors” width=”460″ height=”600″ url=”https://w.graphiq.com/w/csighUXFFwp” (Read More….)