Those hoping that a normal stock market correction will create a buying opportunity don't understand the market. A normal correction is much too small to create any real value in stocks. The only opportunity is reckless Fed policy making over-priced stocks even more expensive.
Sep 11, 2020
Greenspan Is Worried About Inflation
Alan Greenspan told CNBC his primary economic concern is inflation. That's in sharp contrast to the view of the current Fed Chairman. Powell is worried inflation is too low while Greenspan is worried it's too high. If Greenspan is correct Powell's policy will end in disaster.
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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