Home / Tag Archives: appears on main page

Tag Archives: appears on main page

Thank Trump It’s Friday – Dodd-Frank Rollback Dooms Us All

Seriously? The House voted yesterday to repeal much of the Dodd-Frank Act (the one that was meant to protect us from another Financial Crisis) by creating the Orwellian-named Financial Choice Act, which was unanimously opposed by Democrats because "it is bat-shit crazy." ;Only one Republican, Walter Jones of North Carolina, was brave enough to stand up against this bill, which was crafted by a coalition of Goldman Sachs flunkies...

Read More »

Non-Farm Friday – Is America Working?

Unemployment is LOW! ; As noted in the Fed's Beige Book (which we discussed in Wednesday's Live Trading Webinar), low unemployment is restraining growth due to a lack of qualified applicants. ;Low immigration isn't helping either – to the point of crops rotting in the fields due to lack of laborers. ;The Fed is becoming very concerned about rising wage pressure, which can quickly eat into Corporate Profit Margins – especially when they are still having ...

Read More »

Thursday Thoughts – Fed Blowing Housing Bubble 2.0?

Here we go again. As you can see from Naked Capitalism's ;Case-Shiller Chart, those who forget the mistakes of the past are doomed to repeat them and we just passed the last "out of control" housing peak. ;As the Fed's Neel Kashkari said about housing prices: “It is really hard to spot bubbles with any confidence before they burst. ;Everyone can recognize a bubble after it bursts, and then many ...

Read More »

Which Way Wednesday – Beige Book Edition

The new Beige Book is here! ; Today we get the "anecdotal" information on the current economic conditions from each of the twelve ;Federal Districts, we find these reports useful as they ;give ;us some ;insight into what the Fed is seeing on the ground level and we'll go over it live, during our Live Trading Webinar at 1pm, EST today. As noted yesterday, our trade ideas from the last Live Trading Webinar were ...

Read More »

Trump Error, Day 130 – The President Returns from Disastrous World Tour

He's back! ; After a relatively calm couple of weeks while the President was in Europe, we're back to the National nightmare of dealing with an Administration in turmoil (Trump now has a "war room" dedicated to staving off negative reports about his ties to Russia – at your expense, of course) with Trump's son-in-law, Jared Kushner, now under direct investigation and there are rumors of a major staff shake-up as suspected leakers ...

Read More »

TGIF – Gold Flies Higher as Kushner Goes “Under Scrutiny” in Russia Probe

This is gettting interesting, isn't it? ; Jared Kushner, Trump's son-in-law, is now a "person of interest" in the FBI investigation into the Trump Administration's Russia ties. ;That doesn't mean he's guilty but it does mean the investigation has moved closer to the President – to the guy married to his daughter, in fact. ; The records of records of both Manafort and Flynn have...

Read More »

Federally Fueled Thursday – WTF?

The Futures went flying this morning. Apparently, after having a strong day in the US yesterday and despite the Fed minutes that indicated imminent tightening, China decided to stick it in Moody's eye by strengthening the Yuan to boost their own markets. ;The move drove the Shanghai Composite 1.4% higher for the day while the Hang Seng gained 0.77% and the subsequent plunge in the Dollar, to 96.80, goosed our own...

Read More »
error: Content is protected !!