Financial Media Surprised by the Obvious

Financial Media Surprised by the Obvious

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Freedom of Speech vs. the Thought Police – Ep. 277

Freedom of Speech vs. the Thought Police – Ep. 277

Press Wants Freedom of Speech as Long as It Fits Their Agenda One of the few rights left to us in this country is the freedom of speech.  If we don't defend speech that we find offensive, someone else...

16 Aug 201753min

Bitcoin is a Digital Risk Asset, Not a Currency – Ep. 276

Bitcoin is a Digital Risk Asset, Not a Currency – Ep. 276

Speculative Asset Bitcoin is a digital risk asset, not a currency. If you own bitcoin you have an asset, but it is not a safe haven. A safe haven is an asset that is not likely to go down in compariso...

14 Aug 201747min

Trump’s Saber Rattles Markets – Ep. 275

Trump’s Saber Rattles Markets – Ep. 275

Fire and Fury Not Strong Enough Donald Trump's saber-rattling against North Korea continues. Yesterday the President was asked to clarify his statement about the "fire and fury" and he came out and sa...

11 Aug 201738min

Income Not Received Should Not be Taxed – Ep. 274

Income Not Received Should Not be Taxed – Ep. 274

Elimination of Deductions for State and Local Tax - "SALT" Tax reform is the one remaining 2018 Republican campaign issue, and the argument over "SALT", or the elimination of deductions for state and ...

10 Aug 201731min

Trump Hypocrisy on Jobs Raises Concerns – Ep. 273

Trump Hypocrisy on Jobs Raises Concerns – Ep. 273

Trump Jumps to Tweet on Mediocre Jobs Numbers This morning the Labor Department released the July Non Farm Payroll numbers and Donald Trump tweeted,"Excellent Jobs Numbers just released - and I have o...

5 Aug 201732min

Dow Tops 22K but Market’s Foundation Has Cracks – Ep. 272

Dow Tops 22K but Market’s Foundation Has Cracks – Ep. 272

Trump Takes Credit for Dow Jones 22K We have an all-time high in the Dow Jones today, closing above 22K for the first time ever. Donald Trump did not tweet about this today, although yesterday he did ...

3 Aug 201734min

Skinny Repeal was a Fat Lie – Ep. 271

Skinny Repeal was a Fat Lie – Ep. 271

Obamacare Repeal Charade Over The whole charade surrounding the repeal of Obamacare is finally over. The most recent attempt, labeled "Skinny Repeal" was a big fat lie.  They weren't really repealing ...

29 Juli 201744min

Dollar Falls as Balance Sheet Shrinkage Doubts Rise – Ep. 270

Dollar Falls as Balance Sheet Shrinkage Doubts Rise – Ep. 270

Summary: The Dow and the NASDAQ set new record highs today as the dollar sold off near the end of the day to close at yet another low for the year. Remember, the dollar index rallied 6% between the el...

27 Juli 201730min

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