Sep 8, 2020

More QE will Only Weaken The economy

Chicago Federal Reserve President Charles Evans claims more QE is on the way to help the economy. The problem is the only things QE has helped prop up are asset prices, excessive debt, consumption, and government spending. 

More QE will weaken the economy further and exacerbate the collapse!

We Are Losing The War On Trade

The U.S. trade deficit "unexpectedly" surged 18.9 percent in July to $63.6B from an upwardly revised $53.5B in June. This is the widest trade deficit since 2008, so its larger than any monthly trade deficit under Obama. Donald Trump promised to win on trade. We're losing big-league.

Aug 26, 2020

Crude Oil Prices Are Going A Lot Higher


"They're getting rid of an energy stock Exxon Mobil (XOM)... Now that leaves Chevron (CVX) as the only oil company in the DJIA. Personally, I take that is bullish sign for energy stocks. I think people are under invested in energy. People really have no idea how much higher oil prices are headed. I think they're headed ultimately a lot higher and so I think that this is a good contrarian indicator."

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