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After 50 years on Wall Street and 35 years in radio ,television and the internet it's time to bid adieu. Mahalo to all my faithful listeners through the years and ALOHA!
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President Biden gave the State of the Union address Tuesday evening. I was riveted especially when he said "let's finish the job." That of course is code for "4 more years." Soooooo, I thought I'd fact check the core of his speech which was that "the U.S. economy is in great shape and much better times are just around the corner." This show is the result of what I found. HEY JOE, Are You Freaking Serious?!
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Fehlende Folgen?
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During the pandemic people were buying and companies were shipping.......in CARDBOARD. Prices rose 55%. New production facilities were built and supply ramped up to meet demand. Even the NASDAQ said it would last forever, up !0% in January. That hasn't been done since Jan 2001. What happened next wasn't pretty, a 50% drop. Could this be Deja Vu, all over again?
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From Madoff to Bankman-Fried and Housing to Cryptos, the bubbles are bursting right in front of our eyes.
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So we can't say Merry Christmas any more it must be Happy Holidays and all that that means.
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Since the inception of the Fed in 1913 they have made mistake after mistake. But nothing can hold a candle to the most recent decisions that are putting us on the path to financial ruin.
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Today we explore a little in the world of technical analysis to tell us what is setting up. Do I have a crystal ball? Of course not. But I can read charts and they say things don't look pretty.
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When people are floundering around looking for the answers I am so thankful that at least one person can see clearly........... ME!!!!!!!
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From inflation to bugs and cattle to CO2. The World Economic Forum's game plan is climate change forevermore.
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It's election day 2022. Most see a big Red wave. But if you believe that then you also believe the Dems will go quietly into the night and if you believe that then let me know the next time the UNICORN make a visit. The Dems will pull every conceivable trick in the book to disrupt this election and then will lawyer up to keep us in the dark for days, weeks and maybe months. Yes the results will eventually come but what other trick will the left pull till then? Stay tuned as Ayn Rand said "the truth is sometimes difficult to find." And Brazil was able to count all their millions of ballots in 24 hours.
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Biden will have the veto and Schumer will have the filibuster and many on both sides of the aisle love fiat money and war. So are we just kidding ourselves in hoping for a RED wave? Only time will tell.
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Math and Reading scores are in the can. Students can't read, write or do arithmetic but boy are they one with their phone.
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Opec+ cuts production by 2MBD. The DOE revises U.S. gasoline demand dramatically upward. Including SPR the energy reserves of this country are at the lowest since 2004. China is coming out of Covid. Biden is negotiating (begging) Venezuelan dictator Maduro to let Chevron pump more oil but refuses to open up domestic production. Hmmmm. I've never seen a better poster child for an example of supply and demand and its end result. You will pay a lot more to fill your tank.
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So will it be inflation or deflation? Perhaps both. Really???
The actions of two diverse entities give us our best clues as two what will happen on the monetary front in the months ahead. Presenting the Bank of England and Nike. - Mehr anzeigen