National Debt Clock Ticks Down  to DEFCON 1- Ep 922

National Debt Clock Ticks Down to DEFCON 1- Ep 922

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Weak Data Sinks Dollar But Floats Stocks Ep. 268

Weak Data Sinks Dollar But Floats Stocks Ep. 268

Summary: More weak economic data today sent the U.S. stock market to record highs; at least the Dow and the S&P hit new records. NASDAQ not quite, but very close.  The dollar hit a new low for the yea...

15 Heinä 201731min

Market Ringing Lots of Bells:Ep. 267

Market Ringing Lots of Bells:Ep. 267

Summary: There are market indicators of a major top as illustrated by the Blue Apron IPO, as it represents the failure of a very weak company attempting to raise money my means of an IPO when the mark...

12 Heinä 201728min

Another Weak Jobs Report Portrayed as Strong – Ep. 266

Another Weak Jobs Report Portrayed as Strong – Ep. 266

Summary: There wasn't much of a market reaction to this Nonfarm Payroll report; the dollar index was only up .2% on the day. It closed up flat on the week. The Canadian dollar closed at a 10-month hig...

8 Heinä 201729min

What It Means To Be An American – Ep. 265

What It Means To Be An American – Ep. 265

Summary: One of the key differences between Americans and citizens of other countries is that in most nations of the world, individuals gradually won freedoms and privileges from a monarchy. In the U....

6 Heinä 201737min

Dependence Day.  Americans Celebrate Free Stuff, Not Freedom – Ep. 264

Dependence Day. Americans Celebrate Free Stuff, Not Freedom – Ep. 264

Summary Independence Day is a great American holiday, but it fills me with joy and sadness.  I love to commemorate what America was, and the whole idea of what made America different. Once we declared...

6 Heinä 201727min

Blue Apron: All That’s Missing is the Sock Puppet – Ep. 263

Blue Apron: All That’s Missing is the Sock Puppet – Ep. 263

Summary: Blue Apron Holdings IPO The Blue Apron Holdings IPO today is reminiscent of the dot com boom.  The market is saying the 5-year old company is worth close to $2 billion. This IPO represents a ...

30 Kesä 201731min

Republican Replacement Won’t Fix ObamaCare – Ep. 262

Republican Replacement Won’t Fix ObamaCare – Ep. 262

Summary: Once again the solution doesn't work.  As with the Democrats' solution, the penalties are too low.  In both the House and the Senate, trying to force people to buy insurance won't work becaus...

28 Kesä 201736min

Senate Plan Makes ObamaCare Worse – Ep. 261

Senate Plan Makes ObamaCare Worse – Ep. 261

Summary: Let the SS ObamaCare Ship Sink The Republicans in the Senate finally unveiled their version of ObamaCare Repeal & Replace.  It's very heavy on replace, but there really isn't any repeal. They...

24 Kesä 201744min

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