What’s With All The Wishful Thinking In The Markets Today?
With US markets, metals, and the dollar all up today Chris and I discuss some reasons why this is happening.
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I wouldn’t call it wishful thinking when the short term technical picture can explain the rise.
Long bull markets don’t die quickly or without pulling in all the dumb money they can.
Saturday:
On July 7, 2018 at 10:57 am,
Matthew says:
Conventional stocks are ready to rise…
The US has untapped resources. e.g.
http://www.silverbearcafe.com/private/heist.html
And you think Buffett and corrupt politicians are not connected?
Hint: Santa Fe…..
http://www.nydailynews.com/news/money/big-bet-warren-buffett-berkshire-hathaway-buys-northern-santa-fe-corp-26b-article-1.413850
Off Topic:
Mueller says Manafort will not be questioned further about Russian collusion!
Then there’s…
https://youtu.be/_6OvndXKxrE?t=59
Manafort, waiting for trial, is being held 23 hours a day in solitary confinement, with limited attorney access and no visiters?
We are headed into a 1930,s style deflationary depression. The Chinese have devalued their currency. Too many unproductive segments of our economy.
My humble opinion Markets are DEAD ! Computers in control !
So Pres. Trump nominated Brent Cavanaugh for SCOTUS.
That is interesting.
He’s restocking the swamp. No surprise there.
Ah, come on Matthew. Cavy is a Bush/Cheney man. What could possibly go wrong? L)
…Kavanaugh “acknowledged that the Affordable Care Act’s ‘individual mandate provision’ could fit ‘comfortably within Congress’ Taxing Clause power.”
Yup, DemoRat or RepuBlowCon…makes no never mind who appoints and approves these thugs in black robes…they are all just different wings of the same evil bird of prey and we peons get screwed over again.
This new SCOTUS robed thug will be sure that the insurance mafia makes you an offer you can’t refuse.
http://alternativeresearcher.com/wp-content/uploads/2013/11/obamacare.jpg
As long as 90% of the population clings to their peon mentality, nothing will change.
Sorry for the typo…Brett not Brent
Elizabeth Warren says: look into my eyes. I will rule you like the true hypocrite that I am–
When the trade imbalance is so large, Trump is almost in a no-lose situation……..The trade imbalance CANNOT get worse, trading partners do NOT want reduced trade by virtue of higher tariffs which will show as high inflation to its citizens.
So expect a lot of huffing and puffing, but as long as Trump holds strong, the other countries will concede towards equalizing tariffs.