Senate Passes Its Version of Fake Tax Reform – Ep. 305
Market Rallies on News of Passing Tax Cuts Act Late Friday night, or I guess early Saturday morning, the Senate passed its version of the Tax Cuts and Jobs Act. Last week the market, as it became mor...
5 Dec 201751min
No Such Thing as a Permanent Tax Cut-Ep. 304
Buy the Rumor Sell the Fact One of the things that could de-rail Wall Street enthusiasm is if Republicans are not able to deliver on the promised tax cuts. Of course, even if they are able to deliver...
27 Nov 201737min
Frankenfed Finally Fears Its Own Monster – Ep. 303
Fed Fears Inflation Is Not High Enough Fed statements drove the markets today; particularly the foreign exchange markets and the precious metals markets. First we got a quote from Janet Yellen early t...
23 Nov 201741min
Financial Conditions Easiest Since 1994 – Ep. 302
Financial Conditions Are Loosest Since 1994 I was reading an article today that the Chicago Fed released their National Financial Conditions Index (NFCI) and according to their research, financial co...
18 Nov 201734min
Lies Republicans Tell to Sell Tax Cuts – Ep. 301
Faltering Expectations The U.S. dollar and the stock market continued to be a little bit under pressure this week as anxieties are rising over the fate of the tax cuts with so many investors are putti...
16 Nov 201742min
Senate Rearranges the Deck Chairs – Ep. 300
No Real Tax Relief Yesterday the Senate released their version of the Tax Cut and Jobs Act, and it is not that different from the House version. There are some differences, some of which I will get i...
11 Nov 201757min
Trump’s “Surprise” Win One Year Later – Ep. 299
Conventional Media Was Surprised It's hard to believe has been a year since Donald Trump shocked everybody, at least everybody in the conventional media, Wall Street, all the pundits, professional pol...
9 Nov 201734min
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
