Trump COVID Positive, Job Prognosis Negative – Ep 616

Trump COVID Positive, Job Prognosis Negative – Ep 616

Last jobs report before election overshadowed by COVID-positive Trump.
Possibility of a President Pence becomes more probable.
Deregulation and lower taxes would stimulate the economy.
Consumption is the caboose; production is the engine that moves the train forward.
California will need a Federal bailout to pay reparations for the slaves they never had.
Princeton placates mob and gets caught in a lie.
BitMEX founders indicted on criminal charges.
Coinbase bans political discussions.

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Episoder(1109)

Denial Runs Deep From Wall Street To Bitcoin – Ep 43

Denial Runs Deep From Wall Street To Bitcoin – Ep 43

* Dow down 600 points in between Tuesday high and Wednesday low * Stock market and real estate are pillars of the phony recovery * Loose government lending standards encouraging mortgage defaults *...

15 Jan 201533min

Jobs Up But Earnings and Participation Down – Ep. 42

Jobs Up But Earnings and Participation Down – Ep. 42

* December jobs report up; unemployment down * Average hourly earnings dropped * Labor force participation hits new low, except for older Americans * Fewer young workers supporting the Social Security...

11 Jan 201521min

Gold Breaks Out, Stocks Break Down – Ep. 41

Gold Breaks Out, Stocks Break Down – Ep. 41

* World markets left the gates weak on first full trading week of the year * Catalysts: Declining oil prices and Greece's potential Eurozone exit * The Euro has gone sideways against the dollar for ...

6 Jan 201522min

As The New Year Begins, Will The  Recovery End? – Ep. 40

As The New Year Begins, Will The Recovery End? – Ep. 40

* Falling unemployment trends seem to be over * PMI "unexpectedly" drops to 53.9% * Construction spending "unexpectedly" fell .3% * December ISM fell to 55.5 * Draghi's comments at ECB sparked U.S...

4 Jan 201535min

Christmas Snow Job on Wall Street – Ep. 39

Christmas Snow Job on Wall Street – Ep. 39

Christmas Snow job on Wall Street * Dow ended Christmas Eve Day above 18,000 for second day * Catalyst was bigger than expected revision to Q3 GDP to 5% * Big disconnect between economic perfor...

25 Des 201426min

SNB Takes Snap From The Fed And Markets Run With The Ball – Ep. 38

SNB Takes Snap From The Fed And Markets Run With The Ball – Ep. 38

SNB Takes Snap From The Fed And Markets Run With The Ball * Negative deposit rates in Switzerland send U.S. stocks up 420 points. * Two-day Wall Street rally over 700 points on nothing but Central ...

19 Des 201422min

Yellen Bluffs Future Rate Hikes and Traders Pretend to Believe Her – Ep. 37

Yellen Bluffs Future Rate Hikes and Traders Pretend to Believe Her – Ep. 37

Yellen Bluffs Future Rate Hikes and Traders Pretend to Believe Her - Ep. 37 * FOMC wrapped up meeting with Yellen press conference * Most people expected "considerable time" to be dropped * Bloomb...

18 Des 201425min

You Know the Bubble’s About to Pop When Jim Cramer Gives Germany Economic Advice – Ep. 36

You Know the Bubble’s About to Pop When Jim Cramer Gives Germany Economic Advice – Ep. 36

You Know the Bubble's About to Pop When Jim Cramer Gives Germany Economic Advice Ep. 36 * Oil and Russia viewed to be at the epicenter of this week's market chaos * Why is the oil price dropping? ...

17 Des 201424min

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