The post-election run-up in stocks was fueled purely by “hope and change” energy. Now that Trump has assumed the mantle, reality will hit like an icy shower. The non-“alternative facts” about the economy continue to show contraction in real economic activity. The retail sales report for December was an utter disaster, especially if you strip out gasoline and autos.
Firing on all cylinders and tackling important economic and political events of the past month while looking towards what may happen in 2017, the latest “Welcome to Dystopia” is one of the most informative and downright funny episodes of recent memory. Jason and I pull no punches! – Eric Dubin, Managing Editor, The News Doctors
Mr. Townsend thinks the Dollar Index will continue to increase until global central bankers sit down and agree to another Plaza Accord to manipulate and intervene in currency markets. I’m on record for over a year: central bankers and policy makers will start to sound conservative noises about their fears of the dollar rising too far, too fast, once the Dollar Index exceeds 105. That will be a trigger for attempts to talk down the dollar, to slow the rise. We will see a huge hit to profits of U.S. large corporations as the dollar rises and there’s already signs the earning season about to get underway will carry this theme into the mainstream consciousness of market participants, and you will see this within two weeks. Mr. Townsend is one of the more sober analysts covering the alternative asset markets and his perspective usually provides rational “food for thought.” He’s a superb “global macro” thinker. – Eric Dubin, Managing Editor, The News Doctors
Jason and Mo of Wall St for Main St discuss 2016 including the Federal Reserve, interest rate increases, the 35+ bond bull market, a strong US Dollar, Donald Trump and Dow 20k.
Will we kiss local and state election control goodbye and what does that mean?
In the West Junk Information And Junk Judgment Prevail
The Fed is completely full of shit. It is terrified of the conditions it has set up and it has no idea what to do next. The “data” that it claims to be so dependent on is arrantly fake.
An interest rate rise of one percent, would drive the annual US debt higher by $190 billion.
Doc and Dubin take stock of market condtions since the U.S. election and consider 2017.
It’s important to hold Trump’s feet to the fire. F. William Engdahl returns to Guns & Butter to share his unique, multi-disciplinary vision and geopolitical perspective. I don’t agree with Engdahl on many details regarding Trump and other subjects, but Engdahl is a genius. His perspective is worth your time.
“Guns & Butter” is one of the best radio programs around. I’ve been listening to it since Bonnie Faulkner’s very first show well over a decade ago. “Guns & Butter” is quality “fake news.” 😉 – Eric Dubin, Managing Editor, The News Doctors.
In the wake of the Deutsche Bank precious metals manipulation settlement, we have not heard a peep out of the World Gold Council regarding the pervasive manipulation of the industry this trade association claims to represent. As for mining company CEOs, on balance they’re AWOL, too.