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.
Why would a supposedly upstanding “charitable” foundation be shut down if all was on the up-and-up?
TND Guest Contributor: Dave Kranzler
The attack on Trump from the CIA and its media agents at the New York Times, Washington Post, CNN, the network TV channels, the BBC, the Guardian, and every other Western print and TV source with the exception of Fox News, is based on no evidence whatsoever.
The Washington Post, the newspaper upon which the U.S. government relies to castigate “conspiracy theories”, has advanced one of its own. WPost labels The News Doctors “fake news” and considering the source, that’s a compliment. – Eric Dubin, Managing Editor, The News Doctors.
The News Doctors, Silver Doctors, and Ron Paul’s websites and many others have been targeted.
50% of gold’s move occurred on Monday, while the U.S. was closed in observance of MLK’s birthday and well before the Trump tweet. Mining stocks in Canada moved up sharply yesterday. This tells us that there are other factors behind the move in gold besides the expectation that the dollar is going to sell-off.
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
One does have to wonder just how far the “deep state” will go…
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.