Ep. 108A – The Week Ahead 8.19.2019

The Kapital News
The Kapital News
Ep. 108A - The Week Ahead 8.19.2019
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For the week ahead there is still much to unfold – Hong Kong protests, escalation between India and Pakistan over Kashmir, Russian navy ships making their way to Venezuela, Brexit, the US-China trade war, major financial market volatility, and much more. On the last point, we continue to see President Trump making the argument that everyone has to vote for him, because otherwise, the markets will crash. How can he make such a statement? And why is he so obsessed with the stock market? The President’s comments and tweets surrounding this matter are an outright abuse of power and sets a very dangerous precedent. The pricing of the markets are to be determined by its participants and the millions of transactions that ensue – not by Presidential decree or tweet! With further economic data turning over and showing signs of slowdown, if not outright recession, such as the inverted yield curve, the White House is now on edge and growing nervous. They wouldn’t have to be nervous, but like fools, they have taken ownership of the economy and the stock market. These are two items no single person should have control over – period. Yet this is not stopping them and they’re digging in deeper. And don’t forget that if the markets and/or economy do slowdown, then the White House will just blame everybody else – particularly the Federal Reserve and China. Taking ownership for all the good and blaming others for all the bad is terrible leadership and is indicative of the state of the USA, if not the world. This week is sure to be interesting and drama-filled. Stay diversified, stay vigilant, and stay with The Kapital News. #WakeUpAmerica #EndTheFed #Economy #Peace

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