Paul Manafort is sentenced further and is now being charged with other crimes. No one is above the law, but when one see the outcomes for Manafort – what does this mean for the Clintons? Seems like many things parallel the Clinton Foundation. Also, rich people are making bribes on behalf of their kids…shocker!
So another defeat for PM Theresa May of the UK as her 11th hour deal was once again shot-down by the Parliament. This leaves the Brexit drama up in the air with more votes taking place this week. Also, a look at paid family leave and who pays the bill?
The Three Stooges are back! Sadly, we don’t mean Moe, Larry, and Curly, but rather Chair Jerome Powell, Aunt Janet Yellen, and Uncle Ben Bernanke. Why were they out? Is everything ok or is this an attempt to calm the markets? Then we have a small beat in retail and markets rally 2%, seriously!
So we have a record $4.75 trillion budget that was submitted to Congress today. How is this anywhere near being fiscally conservative on top of the $2T that has been added to the debt since 2017?! Then we might have an 11th hour save in the deal for a real Brexit…
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?
From all corners of the world, political leaders are undergoing investigations. Whether it’s the Trump-Russia collusion delusion, Canada’s PM nepotism scandal, UK’s PM w/ Brexit, or Netanyahu’s corruption allegations – is this leadership?
As the news cycle slows, where is the next catalyst to propel these markets to new heights?! We’re told everything is great, so why the pullback and the slowdown? Are we coming back to reality or will we stay in the land of Oz?
The Fed Chairman states that the US fiscal situation is unsustainable. Does he have any real advice? Does he have any real solution(s)? Hell no! While there are policies the Fed could enact to stop this fiscal insanity – they’d rather go along for the ride.
We finally received the 2018 Q4 GDP figures and while they beat expectations, we had a market sell-off today (3rd straight day). Where is the catalyst to propel these markets in a debt-bubble-filled world? Is the money printing enough or will we need more to continue this insanity?!
So another day and another “FREE” socialist program: Medicare for All. Don’t worry, the Dems don’t know how they’re going to pay for it, but we’re sure everything will be just fine. Across the pond, are they kicking the can down the road just like the US does?
