Economy and Politics

Dollar Crash Imminent: True Or Rubbish?

The French Finance minister; the one-eyed man in the land of the blind states that a dollar crash is imminent The era of the US dollar’s “exorbitant privilege” as the World’s primary reserve currency is coming to an end. Then French Finance Minister Valery Giscard d’Estaing coined that phrase in the 1960s largely out of … Read more

US bank stocks and Psychological Ploys in the stock market

Before we determine whether US banks stocks are cheap, let’s look at what the Fed is doing in the markets How do you get the majority to embrace a particular narrative? In this instance, we have bulls, bears and neutral. There are three separate groups with three different views. Well, you punish all three of … Read more

US jobless claims No Longer Connected To Stock Market

US jobless claims while higher are pulling back, regardless of whether they pullback or not, they are no longer as important as they once used to be. The reason for this is AI and machines; we have reached the point where it is becoming easier and easier to replace machines with AI. New technologies are … Read more

What is deflation? A bigger Problem Than Inflation

What is deflation, well in essence its where prices continue to drop so as to speak and one of the primary reasons for this is the rise of the machines or the emerging super AI trend. As the US economy continues to reel from shutdowns related to the coronavirus pandemic, the oldest worry in the … Read more

Hot Money is here to stay

Another word for hot money is easy money After all the money the Fed has created, one would think the masses would say “no mas”, instead they are begging for more. Do you have any idea what kind of effect such huge amounts of hot money will have on the markets for years to come? … Read more

The Fall and decline of the American Empire

Israel slams Russia decision to lift Iran missile ban Israel on Monday denounced Russia’s decision to lift a ban on supplying Iran with sophisticated S-300 air defence missile systems as proof of Tehran’s newfound “legitimacy” following nuclear talks.”This is a direct result of the legitimacy that Iran is receiving from the nuclear deal that is … Read more

Insane Erdogan; Saudies embarrassed US

Turks Are Wondering if Their President Is Insane President Erdogan, who is supposed to be above politics, is up to his eyeballs in a campaign to win constitutional changes that give him unprecedented power. It’s less than four weeks to go before parliamentary elections in Turkey on June 7, and it looks like President Recep … Read more

Assertive Russia, failed F-35 and Snubs at the EU

Russia rejects U.S. concerns over Vietnam base role in bomber flights MOSCOW/WASHINGTON (Reuters) – Russia on Friday rejected U.S. concerns about its use of a former American base in Vietnam for the refueling of Russian bomber flights around U.S. territory in the Pacific, dismissing recent U.S. statements as “puzzling” and “strange”. The Vietnamese government has … Read more

Stimulus Program: Fed Is Gearing Up For Forever QE

I guess the definition of a lunatic is a man surrounded by them. Ezra Pound Stimulus program Is the Fed playing mind games with the masses or is it simply another version of Britney Spears hit song “Oops I did it again”? Only this time they did not.  They keep mouthing off that they are … Read more

Dow Jones Industrial Average Index Set To Defy Naysayers

Being ignorant is not so much a shame as being unwilling to learn. Benjamin Franklin Updated April 2020 Dow Jones Industrial Average Index Set To Soar Fear sells, and like misery it demands company.  The so-called crash in August triggered dozens of hibernating bears to emerge from the woodwork. Rested from the last severe beating … Read more