The Biggest Bubble Ever!

"On Thursday the biggest bubble ever may have popped without a pin!"

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.

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."

Bearish Scenario For Stocks

I wonder how long it will take equity investors to realize that a collapsing dollar and soaring Gold price are bearish for stocks, as it will force the Federal Reserve to dump bonds, forcing interest rates to surge, the Federal Government to slash spending, and corporate earning to plunge.

Related trading instruments: SPDR S&P 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD)

Why Traders Are Buying Stocks

CNBC's Jim Cramer is wrong about why investors are buying stocks. They aren't buying because they expect a COVID cure, but because they expect the Fed to keep printing money. They just don't understand how bad the consequences will be. If they did they'd be buying Gold instead.

Related trading instruments: Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ), SPDR Gold Trust ETF (GLD)