One of the reasons I began supporting Donald Trump and declared GuerillaStockTrading as an official supporter of the Trump candidacy had to do with economics and ultimately the stock market.
The majority of people who are against Trump are not very smart when it comes to understanding international trade and macroeconomics.
Donald Trump has nothing to do with supporting isolationism, protectionism, or racism.
Continue reading “Powerful Economics Case For Trumponomics”
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 year ago.
Citigroup has more than $1.8 trillion in assets. Its stock is down a shocking -23% over the last year.
Wells Fargo’s has more than $1.8 trillion in assets. Its stock has crashed more than -15% over the last 12 months.
Major banks in the U.S. are in trouble as a result of years worth of low-interest rates. The Federal Reserve has been trying its best to raise rates to prop up falling bank profits.
With so many U.S. banks on the edge of the precipice, a Brexit could push them over the edge.
Daboo7 talks about how Deutsche Bank was caught illegally manipulating the price of gold.