National Debt Clock Ticks Down to DEFCON 1- Ep 922

* It really is amazing how short memories are on Wall Street * This seems exactly like December when everybody was convinced that a rate hike wouldn't matter because the economy was improving and the...

25 Touko 201628min

* I wanted to record a short podcast today just to discuss the FOMC (Federal Open Market Committee) minutes that were released at 2:00pm this afternoon ET, which reflect the views of the Fed when they...

18 Touko 201620min

* Another volatile day in the stock market sees the major averages deep in the red * The Dow was down just over 1%; down 180 points, 17,529 * The NASDAQ actually got walloped a little more; down jus...

17 Touko 201629min

* The markets continue, really, to ignore all of the overwhelming bad news * Bad news on the economy, bad news on the corporate earnings front, retail sales - you name it, the news is bad * But the ...

13 Touko 201626min

* Today I really want to talk more about Donald Trump, in particular, the firestorm that I think I lit with respect to Trump comments with respect to defaulting on the National Debt * Now I really be...

10 Touko 201626min

* Today we got the government's Non-Farm Payroll report, otherwise known as the Jobs Report, for the month of April and pretty much all the mainstream Wall Street guys were looking for another strong ...

7 Touko 201631min

* And then there was one; Donald Trump is now the presumptive Republican Presidential nominee for 2016 * I remember when this Republican Primary started and the field was very wide * They had to spl...

5 Touko 201632min

* Gold finally traded about $1300 this morning; it was the first time since January of 2015 that the price of gold traded above $1300 * But by the time the U.S. Stock market opened, the price of gold...

3 Touko 201631min