When Donald Trump was running for president, there was a feigned outrage that he wouldn’t accept the results should he lose the presidential election. It was a talking point from the mainstream media and the Democrats: How dare Trump not accept the results of an election! Well, since then however, the Democrats have been unable […]
Archives for November 2018
FRBNY: U.S. consumer debt soars to $13.5 trillion in Q3
Americans’ love affair with debt persists, even with interest rates gradually inching higher. According to the Federal Reserve Bank of New York, total U.S. consumer debt jumped to $13.5 trillion in the third quarter. The debt is driven by the $9.1 trillion in mortgages. Interestingly enough, this amount is $837 billion higher than the previous […]
Brown admits Trump was right about wildfires, proposes changes to logging rules
The mainstream media are blaming the wildfires raging through California on global warming. President Donald Trump is blaming it on government mismanagement of U.S. forests. Who’s correct? Surprisingly, Trump is right on this one. And Governor Jerry Brown (D-CA) conceded as much as he urged lawmakers to loose restrictions and regulations on logging practices. According […]
Will the Federal Reserve stop raising interest rates in 2019?
By: Clint Siegner President Donald Trump isn’t thrilled about Jerome Powell’s stewardship of the dollar and interest rates. He would like the central bank’s help in keeping the economic party going, but so far the Fed Chair just won’t play ball. Now the Wall Street Journal has joined the President’s call for some renewed stimulus. […]
COLLAPSE: Market rout intensifies, Dow Jones craters 500 points
The U.S. stock market is beginning to see the effects of rising interest rates, which are still – believe it or not – at historic lows. With money supply growth moderating, unable to sustain the current bull market, leading stock indexes are experiencing an ocean of red ink. Here is what markets are looking at: […]