Inflation will destroy the dollar and the economy  – Ep 606

Inflation will destroy the dollar and the economy – Ep 606

Fed changes the rules for inflation target calculations.
Markets react to Powell's announcement.
Prices go up when people aren’t working.
Majority of middle class will be impoverished Into lower class.
Gold’s resistance has become support.
What Trump Steaks may teach us about the Trump Economy.

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Avsnitt(1097)

Trump Honeymoon Ends Before Marriage Begins – Ep. 221

Trump Honeymoon Ends Before Marriage Begins – Ep. 221

* As I said on a prior podcast, this could be the first Presidential Honeymoon to end before the marriage officially begins * Donald Trump will not be sworn in until Friday * Yet the Honeymoon alr...

18 Jan 201729min

Government Can’t Do Anything Right – Ep. 220

Government Can’t Do Anything Right – Ep. 220

* It's Friday the 13th and it is a Friday before a 3-day holiday weekend * Monday, of course is Martin Luther King Day * The stock market will be closed in observance of the holiday * Once again...

14 Jan 201736min

Will Trump Follow Obama In His Failure To Deliver? – Ep. 219

Will Trump Follow Obama In His Failure To Deliver? – Ep. 219

* The NFIB Index of Small Business Optimism in the month of December, so this is post the election of Donald Trump * Shot up from 98.4 in November to 105.8 * This is the highest level in 12 years ...

11 Jan 201737min

Obama Hands Trump Huge Bubble – Ep. 218

Obama Hands Trump Huge Bubble – Ep. 218

* Yesterday we got the final jobs report of the Obama era, * We got the December Non-Farm Payroll. * Now technically, when we get the January number, the first Friday of February, * Half of that...

7 Jan 201738min

Bitcoin Again Approaches Parity with Gold – Ep. 217

Bitcoin Again Approaches Parity with Gold – Ep. 217

* This is another big week for economic data; it is a holiday-shortened week * On Friday we get the big Non-Farm Payroll report * If it's a good number, somehow Donald Trump will try to take credi...

5 Jan 201725min

Hollywood Minimum Wage Hypocrisy – Ep. 216

Hollywood Minimum Wage Hypocrisy – Ep. 216

* The Dow 20,000 party is going to have to wait until 2017 * Although I wouldn't necessarily buy a ticket for January * The selloff that started this week may resume in the first week of the new y...

31 Dec 201641min

Ep. 215: Irrational Exuberance Trumps All

Ep. 215: Irrational Exuberance Trumps All

* The Dow 20,000 party is going to have to wait - at least for another day * The Dow was down a little bit today - 23 to 19,918 * The broader market was a bit weaker than the Dow * The markets c...

23 Dec 201630min

Fed Fakes Confidence With Another Dec. Quarter Point Rate Hike

Fed Fakes Confidence With Another Dec. Quarter Point Rate Hike

* On Wednesday, the Federal Reserve did exactly what they did last year * They waited until the last possible meeting to nudge the Federal Funds rate by 1/4 of 1% * So now, after 2 years of tighte...

16 Dec 201637min

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