Trump Agenda: No Comprehensive Tax Reform

I don't think we are going to have any kind of comprehensive tax reform. I think that it would be very productive but I also think it should happen in a context of major reductions in government spending.

A Bullish Catalyst For The Price Of Gold

What I think it's going to really accelerate the price of gold going up is the fact that interest rates are not going up nearly as much as the market anticipates. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ))

The US Economy Is A Mess!

The economy is a mess! Atlanta Fed is now looking for 1.2 percent first quarter GDP growth. It was looking at 3.4 percent growth on February 1st. We are dangerously close to an economic recession.

U.S. Economy: Department Store Sales Are Collapsing!

Look at what it's happening to Department Stores sales. Department Stores sales are collapsing, this is the worst decline since the 2008 financial crisis. They are falling off the edge of a cliff. (Macy's Inc (NYSE:M), J C Penney Company Inc (NYSE:JCP),  Nordstrom, Inc. (NYSE:JWN), Ross Stores, Inc.(NASDAQ:ROST))

U.S. Economy, Crude Oil Prices and Interest Rates

We are dangerously close to an economic recession in America. Gasoline demand is down and the is why oil prices are going lower. The interest rate hike is going to make the problem worse. (Energy Select Sector SPDR ETF (XLE), Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), United States Oil Fund LP ETF (USO), Nymex Crude Oil Futures)

Will This Rate Hike Prick The Stock Market Bubble?

This is a gigantic bubble and it has gotten bigger since we elected Trump. Will this next interest rate hike prick the bubble? There is a chance. Eventually the air is going to come out of this bubble. (Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), iShares Russell 2000 Index ETF (IWM), Nasdaq 100 Index ETF (QQQ))