Obama Employment Trends Continue Under Trump – Ep. 298
High Expectations for Jobs Numbers This morning we got the release of the October jobs report, and it followed the hurricane-related very weak report that we got in September. This time, the reason ac...
4 Nov 201732min
The Swamp Wins on Taxes and the Fed – Ep. 297
No Change in the Fed Swamp The announcement of the new Fed Chair, Jerome Powell, represents a commitment to the status quo at the Fed. President Trump has nominated the person most likely to do exact...
3 Nov 201745min
Tax Reform Trial Balloons Keep Popping – Ep. 296
Trial Balloon #1: Backpedaling on State and Local Tax Deductions All this talk about tax cuts is all a fraud, because government is getting more expensive and the taxpayers are going to be stuck payin...
31 Okt 201734min
Republicans Won’t Even Consider Cutting Spending to Pay for Tax Cuts – Ep. 295
We're getting a tax cut! There is one thing now that that has the potential to cause a short-term decline of more than 3% in the stock market, and that would be: no tax cut. If the Republicans announ...
24 Okt 201741min
30-Year Anniversary of the 1987 Stock Market Crash – Ep. 294
Black Monday 1987 Today marks the 30th anniversary of the 1987 stock market crash. It's hard to believe that it's been 30 years. I still remember where I was when the crash happened and my reaction ...
20 Okt 201739min
U.S. Inflation Is Bullish for Gold and Bearish for the Dollar – Ep. 293
Inflation Higher Than Expected Today we got the hotter than expected news on prices - on inflation. We got the import/export prices. Import prices were supposed to be up 0.5%, which in and of itself...
18 Okt 201741min
Record Confidence in U.S. Stocks Means Trouble Ahead – Ep. 292
Optimism Rules the Day Friday the 13th was not an unlucky day for the U.S. stock market; all three of the major stock market averages closing at all time record highs. Optimism is ruling the day. In f...
14 Okt 201734min
Middle Class Tax Hikes Put Trump Tax Cuts in Jeopardy – Ep. 291
Congress May Not Deliver Promised Economic Growth I think part of the renewed weakness in the dollar may be due to the feeling that all the tax cuts are not going to pass. The Trump/Republican plan o...
11 Okt 201732min
