Bitcoin is a Digital Risk Asset, Not a Currency – Ep. 276
Speculative Asset Bitcoin is a digital risk asset, not a currency. If you own bitcoin you have an asset, but it is not a safe haven. A safe haven is an asset that is not likely to go down in compariso...
14 Elo 201747min
Trump’s Saber Rattles Markets – Ep. 275
Fire and Fury Not Strong Enough Donald Trump's saber-rattling against North Korea continues. Yesterday the President was asked to clarify his statement about the "fire and fury" and he came out and sa...
11 Elo 201738min
Income Not Received Should Not be Taxed – Ep. 274
Elimination of Deductions for State and Local Tax - "SALT" Tax reform is the one remaining 2018 Republican campaign issue, and the argument over "SALT", or the elimination of deductions for state and ...
10 Elo 201731min
Trump Hypocrisy on Jobs Raises Concerns – Ep. 273
Trump Jumps to Tweet on Mediocre Jobs Numbers This morning the Labor Department released the July Non Farm Payroll numbers and Donald Trump tweeted,"Excellent Jobs Numbers just released - and I have o...
5 Elo 201732min
Dow Tops 22K but Market’s Foundation Has Cracks – Ep. 272
Trump Takes Credit for Dow Jones 22K We have an all-time high in the Dow Jones today, closing above 22K for the first time ever. Donald Trump did not tweet about this today, although yesterday he did ...
3 Elo 201734min
Skinny Repeal was a Fat Lie – Ep. 271
Obamacare Repeal Charade Over The whole charade surrounding the repeal of Obamacare is finally over. The most recent attempt, labeled "Skinny Repeal" was a big fat lie. They weren't really repealing ...
29 Heinä 201744min
Dollar Falls as Balance Sheet Shrinkage Doubts Rise – Ep. 270
Summary: The Dow and the NASDAQ set new record highs today as the dollar sold off near the end of the day to close at yet another low for the year. Remember, the dollar index rallied 6% between the el...
27 Heinä 201730min
Lessons From Vegas Don’t Stay in Vegas – Ep. 269
Summary: My recent trip to Las Vegas for The Freedom Fest provided some interesting lessons. My observations that we are paying more for less were illustrated by the theft of my luggage, as there ar...
25 Heinä 201736min
