"Jamie Dimon has officially been put on notice: A group of federal regulators staffed by Trump appointees is reportedly taking another look at tightening restrictions on Wall Street executive pay."
Eric Peters is known as "the libertarian car guy." But even if you aren't particularly interested in automobiles, you'll want to listen to this interview. Mike Maharrey and Eric not only talk about what's going on in the auto market - an important economic barometer - but they also cover a range of topics from the Green New Deal, to electric cars, to the nanny state.
In one of the darker corners of shadowy Wall St. that hurts everyone except Wall St. itself, firms turn corporate debt obligations and fiscal health into a sick parlor game to pad their bottom lines.
Trump has noticed that every time there is any seemingly positive news that indicates tariffs may be closer to ending, the stock market moves up. So now, solely to spike the stock market, self-proclaimed Tariff Man wants out of tariffs.
"Because defense" is about all the Pentagon needs to say to justify its budget. Imagine the debt that will be incurred by the combination of the highest-spending, least-accountable entities and an administration embracing MMT.
In the next economic downturn, the vast majority of this debt will be downgraded to actual junk. And given most of these funds are not allowed, by charter, to hold actual junk-rated debt, a chain-reaction selling avalanche will begin.
"The overall budget deficit is set to widen further in the coming years as the Republican tax cut package and increased spending for defense and other priorities boost government outlays."
Despite lackluster price performance last year, trends are looking positive for silver investors in 2019.The Silver Institute highlighted increasingly supportive sentiment in the silver market along with a number of technological innovations utilizing the white metal in the latest edition of Silver News.
Matt says there is a stark difference between stackers and people counting on the sustainability of an unsustainable system. Here are the details...
The DX hovered around yesterday’s 96.82 high, and gold was $1,288 bid at 4PM with a gain of $1.
PDS has returned to infect the discourse on gold’s price performance. TraderStef explains PDS, and she also breaks-down the gold charts...
Keith says the Fed does not care about the gold price, but the Fed does care about the attractiveness of gold as an investment. Here's why...
"The historical cycle that returns to precious metals as a basis for currency proves the value of holding gold and silver as an asset."
Fed policy singlehandedly guaranteed US corporations would go hog-wild loading up on ZIRP debt. So after the Fed left the barn door open for years, Kaplan wants to blame corporations for the missing horses?
The technical action in the gold charts is healthy, and there is a lot to get excited about. Here are some key tactics for the current price correction...
"The nation is losing an entire generation as a result of the Fed's cargo-cult like obsession with boosting the wealth of the haves. The wealth effect is the most generationally lopsided policy possible, the equivalent of a 'tax on youth."
"The culprit for the decelerating births is ongoing central bank and federal government 'medicine' to goose asset prices, destroying the future to ease the wealthy and elderly's passing."
A classic "good money after bad" copout. Anything to kick the inevitable default can down the road just far enough that no current politician, but some other elected sucker later on, has to face the unfixable math.
Just when you think you've reached the outer limit of self-righteous hubris as it applies to the arrogance that pours forth from entitled and oblivious Fed representatives, they take it one step further.
"After factoring in the retaliation by other countries, the main victims of Trump’s trade wars have been farmers and blue-collar workers in areas that supported Trump in the 2016 election."