Ep. 279 – DC + Market Drama

The Kapital News
The Kapital News
Ep. 279 - DC + Market Drama

Wrapping up a drama filled week that focused primarily around the impeachment inquiry. However, there are still also some serious questions surrounding the global markets. As the end of 2019 draws near, will investors attempt to lock-in their gains or will they attempt to chase these markets at all time highs? Prudent investors are supposed to buy low and sell high. With markets at all time highs, what do you think the risk-reward profile looks like at this juncture? On top of this, there are expectations that Q4 US GDP is going to be around 0.3 to 0.5%. Does that sound like the greatest economy ever in the history of the USA? This is also on the back of renewed global central bank intervention, tax cuts, deregulation, and trillion dollar deficits – and all we can generate is 0.5%? We’re in trouble if this happens to be the case.

On the DC drama front, former National Security Advisor, John Bolton, is back in Washington and on Twitter. He claimed that his twitter account was placed on a hold by the White House. The White House denies this allegation. Nevertheless, a potential bombshell witness is back in the news and should he decide to testify, he could prove to be the death knell for the President’s and Republicans’ defense. Bolton was one of the most senior advisors in the White House and would have intimate knowledge of what was taking place behind the scenes. Recall his descriptive language of “hand grenade” and a “drug deal” as it related to Rudy Giuliani and Mick Mulvaney and Ambassador Gordon Sondland respectively. The drama is far from over. Stay diversified, stay vigilant, and stay with The Kapital News. #Truth #Justice #Peace #Impeachment #Politics #Economy

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