What we’re seeing in America is what happens to a country without win-win deals: lower growth rates, more debt, and more meddling by the authorities...and it will get worse...
The problem is not taxes, Russia, ISIS, blue, or red...the problem is money. The average American has too little of it, the deep state has too much of it, and the money itself is a fraud.
There is a genuine problem in America: We’ve never met a tax cut we didn’t like. But we’ve got news: There is no tax reform on the horizon that will make people richer.
DUBLIN – Oil fell below $43 yesterday. Brick-and-mortar retailers are being emptied. The auto industry – including $1.2 trillion in auto debt – is stalling.Meanwhile, restaurants are having trouble filling their tables. Consumers aren’t buying,
Like Julius Caesar, President Trump has put on the purple. He dares to rule. And now, jealous, fearful rivals sharpen their knives...Is Trump a modern Caesar, and are his adversaries traitors, or patriots?
If you’re lucky enough to score incredible wealth, you should at least have some courage and self-respect to go with it. But last week, this billionaire bowed to the pressure of politically correct claptrap.
We are on record: The Fed will never raise rates in any serious way. Nor will it ever willingly “normalize” its balance sheet. So what’s going on?
It has $14.6 billion in unpaid bills, a pension liability of $130 billion, a $6 billion deficit, and a dysfunctional government with no budget. It is America’s first failed state, and our guess is that it wont be the last...
Dysfunction in Washington. Meltdown of the techs. No matter how rough the seas get, the markets glide along…reminiscent of 'The Great Moderation', which set up investors for the 2008 crisis...
Is bitcoin in a bubble now? Maybe...But here’s the important thing. People said it was a bubble when bitcoin hit $1...and when it hit $100… and again when it hit $1,000...
The performance of tech giants closely follows the size of central bank assets...does this mean that the market is addicted to central bank generosity?
You don’t have to make money on every move in the market in order to be successful as a trader, so during this sort of time it’s often best to just grab a seat on the sidelines.
The drama hardly matters. The real power is held by the Deep State… and the real issue is how it will react to the inevitable financial meltdown that is bound to occur.
Cryptos have value because people use them, so if you buy Bitcoin you better hope that people will continue to use it...but how will you know?
How do you know if a deal is win-win or win-lose? Simple: A win-win deal is voluntary. Win-lose deals are not. Regulations are win-lose. Someone wins: Mr. Obama, and someone loses: almost everyone else.
There's a dustup in the DC area called “Russiagate". Some people think the Trump team has illegal contacts with the Russian government. Does it matter? Probably not.
Today we look at family history and how the culture of Southern Maryland has evolved over the last 50 years. Whether this has any parallels in other parts of the country – or whether this has any significance – we don’t know. But we’ll tell you what
Guess what beat BOTH long-term Treasuries and Buffett… with zero management fees… and near-zero risk...in a period where every major central bank was pushing up bond prices directly AND the Dow tripled…Can you guess what beat stocks and bonds?
If ever our shares on the stock market go down, we will see the intervention of the authorities in Europe ...We will probably see a new economic stimulus program by the ECB, which is already buying bonds from private companies, and debts from the states...
We have said before that Macron will not be able to restart the French economy ... nor facilitate the growth of industry. In fact, we believe that our country is near a period of destabilization ... with more demonstrations ... more political actions ... more
Inflation is running at about 700% a year. Last year, GDP plunged 19%. Food staples – beans, rice, bread – are disappearing. Families cross the border into Colombia to buy toilet paper. How has this country made such a mess of itself?
According to some thinkers, we are only in the beginning of our Golden Age and our pace of innovation and improvements will continue to accelerate... but as they say, "the trees do not climb to heaven"
Even the election of Macron and the publication of positive results by many companies had not been enough to push the markets up up. We thought the bull market might have lost its breath. Turns out, the latest news from Washington finally decided to drop.
After Caligula recovered from an illness, he started acting funny. He spent lavishly, running through the fortune left to him by Tiberius in just a few years. Then he took vanity to a whole new level by appearing in public dressed as Hercules or Apollo.