We’re in the longest bull market in US history. Volatility is the new normal. You just have to get used to it.
You could buy the Dow with 40 ounces of gold in January 2000. By January 2011, the Dow 30 stocks would cost you only 8 ounces.
What kind of capitalism is it when the capitalists drive up their share prices rather than producing goods and services that they can sell at a profit?
The money is fake. Interest rates are artificial. Prices are fraudulent. And today, the price signals are worthless.
Setting artificially low interest rates made the downtrend worse. Growth slowed further. The Swamp deepened. The empire grew bigger and more corrupt.
Why would taxes on the rich suddenly be so popular? Easy…the middle classes think they’ve been cheated. Many thought Donald J Trump would set things right. Now they look to the tax code.
Top macroeconomists are calling for a recession ‘before the end of 2020.’ What? We’ve already been waiting for years…
What happens to the money the feds tax away from the elite? Where does it go? Back to its rightful owners? Does it boost working-class wages?
The primary trend of the market had changed from bullish to bearish. But that doesn’t mean it will be a straight shot down.
Both Trump and Powell will do all they can to save this market. Both are avoiding a bloodbath because the blood will splatter on their own white shirts.
The stock market may have resumed its selloff sooner than we expected.The Dow fell 660 points after Apple announced weak sales — mostly in China.
Well, we were wrong. We figured the Fed would pause now. Instead, it went ahead with its rate hike and suggested it would pause in 2019.
We were waiting for the big Fed announcement on a rate hike. But what happened? No trumpets. No bells. No heralds. None came.