So our fearless leaders in Washington DC finally got together on a bipartisan level to increase the country’s debt-load. Aren’t you proud to be an American when the only thing our politicians can agree on is to increase spending and our national debt?! This bipartisan action all but guarantees $1 trillion deficits for the next two years and this is assuming the status quo. Should the US economy falter, which is more likely than not, then these deficits will dwarf $1 trillion. So much for draining the swamp and fiscal conservatism. Across the pond in the UK, the conservative party will be electing the country’s next PM. Former Mayor of London, Boris Johnson is expected to take the seat. He will be dealing with the Brexit fiasco, the escalation with Iran, and a deteriorating economy, which is all but in recession according to a UK think-tank. Well wishes to the next PM – he’s going to need it. Lastly, the ECB has a policy meeting and is expected to signal more rate cuts and/or QE in September. Prime the presses as central banks the world over are set to begin a race to the bottom with their respective currencies. #EndTheFed #Brexit #WakeUpAmerica
Ep. 33A - The Donald, The Fed, The Brexit, + The DOJ
/
RSS Feed
Share
Link
Embed
Where do we even begin today? As predicted, the President is attacking the Fed in attempts to blame them for the coming economic slowdown just one day after the FOMC meeting. Brexit continues to kick the can down the road. And lastly, another look at the NO Justice Dept.
Ep. 24 - Lousy Jobs + Another Central Bank Bites the Dust
/
RSS Feed
Share
Link
Embed
A not-so-hot US jobs report for February, but some high points nonetheless. Then there’s the new dovish tone of the ECB and their 180-policy reversal. Is this the beginning of the end for these loose monetary policies and if so, where is the bottom for financial assets?
Ep. 4B - Presidential Harassment + Global Central Banks Go Easy
/
RSS Feed
Share
Link
Embed
So the Dems are not giving up and will continue to investigate and expand such investigations of President Trump on any matter under the sun. When will this end? In other news, we discuss some actions taken by central banks around the world and what that means for markets.
