Inflation will destroy the dollar and the economy  – Ep 606

Inflation will destroy the dollar and the economy – Ep 606

Fed changes the rules for inflation target calculations.
Markets react to Powell's announcement.
Prices go up when people aren’t working.
Majority of middle class will be impoverished Into lower class.
Gold’s resistance has become support.
What Trump Steaks may teach us about the Trump Economy.

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Jaksot(1097)

Obamacare Lives To Die Of Natural Causes – Ep. 237

Obamacare Lives To Die Of Natural Causes – Ep. 237

*  Earlier I talked about the Trump honeymoon, and  my belief that it wouldn't last long, in fact I thought it might have ended before the marriage began with the inauguration * It did carry on a bi...

25 Maalis 201731min

Why A BAT Will Clobber The Dollar – Ep. 236

Why A BAT Will Clobber The Dollar – Ep. 236

* U.S. stocks ended the week with marginal gains * In fact, the Dow Jones was up only about 12 points on the week * The real action happened overseas * Foreign markets were strong, particularly ...

18 Maalis 201737min

Fed Hikes Rates To Feign Confidence – Ep. 235

Fed Hikes Rates To Feign Confidence – Ep. 235

* Today the Federal Reserve raised interest rates for the third time in 10 years * Of course, the tightening cycle began with the first rate hike in December of 2015 * Followed by the second rate ...

15 Maalis 201733min

Trump Lauds Job Statistics He Once Impugned – Ep. 234

Trump Lauds Job Statistics He Once Impugned – Ep. 234

* I guess you could say a good jobs report is all in the eye of the beholder * And when it comes to President Trump's eyes, he is now beholding an excellent jobs report * Whereas a candidate, simi...

11 Maalis 201738min

Why TrumpCare Won’t Work, Either – Ep. 233

Why TrumpCare Won’t Work, Either – Ep. 233

* It looks like the Republicans on Capitol Hill, with the blessing of Donald Trump, are trying to repeal one big healthcare program and replace it with another big government entitlement * They're c...

8 Maalis 201731min

Rate Hike Odds Surge As GDP Forecasts Collapse – Ep. 232

Rate Hike Odds Surge As GDP Forecasts Collapse – Ep. 232

* According to Goldman Sachs, the odds of a Fed rate hike coming up at the March meeting, which is less than 2 weeks away is now 95% * It was 90% before Yellen spoke, that was looking at the Fed Fun...

4 Maalis 201744min

Trump To Make Government Greater Again – Ep. 231

Trump To Make Government Greater Again – Ep. 231

* Last night, following tradition, President Trump delivered his first State of the Union Address * Although people are saying that it's not technically a true State of the Union Address * We'll h...

1 Maalis 201737min

Trump Should Be a Statesman Not A Politician – Ep. 230

Trump Should Be a Statesman Not A Politician – Ep. 230

* Yesterday it looked like the Dow's winning streak may have come to an end * We were up 10 days in a row, which was the biggest winning streak since 1987 * The Dow was down 50-60 points for the e...

25 Helmi 201736min

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