I don't think it's going to work and
people say well you just don't
understand it. I think I do understand it, I think the reason that so many people
are involved in it is because they don't
understand it. Now, a lot of those people
have made quite a bit of money by not
understanding it because they
bought it a long time ago and greater
fools paid even higher prices and people
can confuse that success with
understanding.
Mar 9, 2018
Mar 7, 2018
Manufacturing Jobs Will Be Lost As A Result Of These Tariffs
Trump is right, the trade deficit is a problem
but where Trump is wrong is thinking
that these tariffs are going to solve
the problem. They won't. They will make
the problem worse.
This is the irony of
these tariffs. They will result in larger
trade deficits not smaller trade
deficits and that's even without any
foreign retaliation meaning if China, if
Europe, if our trading partners do
nothing in response to these tariffs the
result will be larger not smaller
deficits. And manufacturing jobs, the very
jobs that Trump is hoping to save, manufacturing jobs will be lost as a
result of these tariffs.
Mar 2, 2018
The Beginning Of A Much Bigger Downturn
In February's big decline the Dow Jones Industrials Index (DJIA) dropped better
than a thousand points on the month and
we'll see if this is the beginning of a
much bigger downturn. In fact it could
easily be the beginning of a bear market.
Related trading instruments:
- SPDR S&P 500 Index ETF (SPY)
- SPDR Dow Jones Industrial Average ETF (DIA)
- Nasdaq 100 Index ETF (QQQ)
- iShares Russell 2000 Index ETF (IWM)
Mar 1, 2018
How Much Longer Powell Can Pretend All Is Well?
A soaring budget and trade deficits, rising interest rates, higher inflation, a falling U.S. Dollar, protectionist tariffs, a looming trade war, and a slowing economy all portend lower corporate earnings and a bear market in stocks. Let's see how much longer Powell can pretend all is well.
Related trading instruments:
- SPDR Dow Jones Industrial Average ETF (DIA)
- Nasdaq 100 Index ETF (QQQ)
- SPDR S&P 500 Index ETF (SPY)
- United States Steel Corporation (X)
The Dow's Record Breaking Monthly Winning Streak Has Come To An End
The Dow Jones Industrials Index (DJIA) was down 380 points today. In fact this is the second consecutive
300 point drop we've had in the Dow you
know the Dow now is down about 4% for
the month of February which just came to
an end today and that also means the
Dow's
record-breaking monthly winning streak
has also come to an end remember the Dow
has been up every month since Donald
Trump was elected president including
every single month in calendar year 2017
that is something that has never
happened in the history of the stock
market.
Related trading instruments:
- SPDR Dow Jones Industrial Average ETF (DIA)
- iShares Russell 2000 Index ETF (IWM)
- SPDR S&P 500 Index ETF (SPY)
- Nasdaq 100 Index ETF (QQQ)
Feb 26, 2018
Interest Rates Are Going a Lot Higher
Related trading instruments:
- iShares Barclays 20+ Year Treasury Bond ETF (TLT)
- 10- year U.S. Treasuries, 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)
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