I begin my 2017 stock market predictions with a recap of last year’s predictions. In an article back in 2015 titled “The Epocalypse: What Will D-Day Look Like?” I predicted the Fed would raise rates on December 16th, 2015, and the US stock market would crash immediately. Counterintuitively, I said it would crash by shooting upward for […]
Europeans must have been delighted to discover that one thing is working as well as it has since the start of the Great Recession. Behemoth banks that are failing are still able to pay their Christmas bonuses to their top executives and give nice dividends to their shareholders thanks to Super Mario Draghi.
President Obama is systematically diminishing the sovereign powers of the United States president by yielding numerous regulatory powers to the office of UN Secretary General. His latest maneuver to strengthen UN regulation of Israeli settlements may not be the finale of his closing months as president but the prologue to years ahead by pushing his legacy to where he can continue to carry it out […]
Since Trump’s election, the US stock market has climbed unstoppably along a remarkably steep path to round off at a teetering height. Is this the irrational exuberance that typically marks the last push before a perilous plunge, or is the market reaching escape velocity from the relentless gravity of the Great Recession?
I’m afraid the Trump train is headed for a sharp economic curve that takes the US further away from free-market capitalism. The US already pulled out of the free-market station a long time ago, but Trumponomics moves deeply into a “mixed economy,” an economy in which government funding and private funding are married. The bankster-baron confederation in the Trump cabinet is […]
Banksters and their pocket politicians, barons of industry and their lickspittle lobbyists — these are the establishment, and these are the navigators that surround the helm as Trump takes the wheel and prepares to cast off. Nothing provides better clues as to where this voyage is headed than the carefully selected expertise of the chosen crew.
The best way to foresee Trump’s real direction once he becomes president is to evaluate the team he’s assembled. Typically, a leader selects people with a strong track record of working in the direction the leader intends to go. This article looks at the trifecta at the top of Trump’s team to see if they embody his promises
I risked losing my fellow anti-establishment readers in September by suggesting Trump may be an establishment Trojan horse. After seeing Trump choose Pence as VP and a Goldman Sachs exec as campaign finance manager, I was concerned the establishment knew a citizen’s revolt was brewing and made sure that even the road to revolt led back to Rome. […]
In May, I wrote an article titled “The OPEC Epoch is Over,” which pronounced OPEC officially dead and predicted oil prices would plunge again. So far, I’ve been wrong about a second perilous plunge in oil prices. However, even as market heavyweights herald this week’s OPEC meeting for pumping up oil prices, a few voices join this lightweight in […]
Lampooning Larry Kudlow is like shooting fish in a supermarket. I ought to be embarrassed at going after dead prey and scaring innocent people. Now one of Trump’s chief economic advisors, Kudlow is a Washington-Wall-Street insider to the core of his mousy, shriveled soul: A turncoat Democrat — who, in his early years, worked on campaigns alongside […]
The financial end of the world in economic apocalypse is here. A funny thing happened on the road to recovery: Trump’s chief strategist admitted his view of the Trumpian future looks like the Great Depression. Even the world’s largest bank just said global financial default is the preferable way out and most likely way out of the Great Recession […]
When Donald Trump would not state with certainty that he would accept the election results before even knowing what the results were or how they might come about, liberals wrung their hands all over the media in grief over the loss of democracy as we know it. Hillary, herself, decried that she had never heard anything so anti-democratic […]
Most Trump supporters voted for him because he is the only voice against the establishment that speaks in a visceral way that resonates with their own concerns. They don’t hate Mexicans, but they hate an American establishment that imports as many people as it can from areas where labor is the cheapest in order to do […]