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Lunatic Larry Promises Trump Candyland for Election Year

National Economic Council Director Larry Kudlow, a top economic adviser to President Donald Trump, said Wednesday that the White House plans to unveil a plan for additional tax cuts later in 2020. “I am still running a process of Tax Cuts 2.0. We’re many months away – it’ll come out sometime later during the campaign,” […]

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Two Years of Trump Tax Cuts: What did they get us?

After two years of this third experiment with trickle-down economics via the Trump Tax Cuts, we should have enough data to get an unbiased, factual view of the results. The following is going to be a short-and-sweet stroll down memory lane in pictures.

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No-Deal Trade Deal, Not a Done Deal!

Clear back in June I made the following easy prediction about Trump’s negotiations with the Chinese leader whose face can only be improved by a caricature: The market finally fell in May after months of rising because it started to become clear there will be no Chinese trade deal in the near future. (It was always […]

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WHAT IF Trump Really is Playing 4-D Chess, and the Ukraine Krisis is the Biggest Baddest Political Trap Ever Set?

Conspiracy theories are like crime novels. You can create an infinite number of them, and all they require is a plausible plot built from real facts with enough twists to keep them interesting. That’s why I don’t spend my time trying to discern if any of them are true — though some may be — […]

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Central Bankers Now Plotting Government Subversion?

Two weeks ago a former Federal Reserve board member and bank president, William Dudley, wrote an editorial that encouraged the Fed use its powers to defeat Donald Trump’s second bid for the US presidency. I don’t recall choosing presidents as being listed in the Fed’s two mandates — controlling inflation while maximizing employment. For an […]

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Oh God, and I Don’t Mean Trump; I mean GOD help us!

It’s out of control. And I’m not even talking about the stock market, which fell off a cliff. I’m talking about the president who has deified himself. I hesitate to write strongly against Trump because I understand why many readers here voted for him, but today is a day that shall live in insanity!

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How’s That Recession Coming, Dave?

Pretty good if you ask me. Most economic indicators this year have moved relentlessly in the direction of recession, and now the Cass Freight Index is saying a US recession may start in the 3rd quarter, fitting up nicely to my prediction that we would be entering recession this summer.

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And That’s How it All Came Down

On June 12, I wrote, The market is moving into waiting mode as the Fed’s next FOMC meeting where they have the opportunity to live up to the rate-cutting hopes they’ve raised come next week. As it does, it is forming that topping pattern that keeps repeating at this level. “Frothy Bubbles Make Me Whine“ […]

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It’s Been a Great Recession for a Few; Let’s Do it All Again!

This month the economic expansion brought to you by your Federal Reserve and by US government largess becomes the longest expansion in the history of the United States! That’s something, right? Something? Let’s take an honest look at what we now call great.

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Trump’s Fourth-of-July Crowd Matches His Huge Inauguration Crowd

Right after Trump’s inauguration, I ran an article about how incredibly fake the news coverage was about his inauguration. (Those reading my site know I’m not a big Trump fan, but credit where credit is due and calling fake where calling fake is due.) The media was nothing short of spectacularly fake in the news […]

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Iranium ConFUSION Part 2: What we Know, What we Know we Don’t Know, and What we Wish we Knew

If you’re a Trump supporter, you’re going to hate this article and love it; likewise, if you are a Trump hater. I am going to lay out evidence that Trump is either the biggest moron of a president the US has ever had but also my own 4-D chess explanation that would make him cunning […]

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Cleaning up after the China Trade Summit Looks Exactly Like I Said it Would

That didn’t take long. On Saturday, well before the US stock market opened post-China-trade-talks, I wrote: The next step for the market would likely be that the remaining stock indices that have not pushed past their own previous peaks would now punch through. By that … I meant those indices like the Dow that were […]

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Frothy Bubbles Make Me Whine

These are not the tiny champagne bubbles Don Ho used to sing about, but those greenish-gray floats of foam that pile up against harbor docks where the churn of the waves meets the oil spittle of boat motors. They are the economic froth that has piled up around us and is now beginning to fizzle. […]

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Breaking China Not as Easy as Toppling Tijuana

A bump from Donald Trump’s thump on Mexico’s head is causing the US stock market to swell this week. Trump tariffied the market last week because his new threat against all things Mexican seemed to say Trump might use tariffs as leverage to get anything he wants. Agent Orange apparently got what he wanted — […]

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