By: Robert Murphy This year has been a slow-motion train wreck on many levels. Americans have understandably been so preoccupied with the election and the unprecedented violations of individual liberties in the name of fighting covid-19, that there hasn’t been much attention left for what the Federal Reserve and US Treasury have been up to. […]
Archives for December 2020
DOLLAR COLLAPSE: Bearish DXY bets surge to decade high
Wall Street does not have high hopes for the U.S. dollar heading into 2021. According to the latest Commodity Futures Trading Commission (CFTC) data, net short non-commercial positions in futures tied to the U.S. Dollar Index (DXY) have climbed to a near decade high as the greenback has cratered seven percent in 2020. Goldman Sachs […]
CNBC SURVEY: Most Wall Street investors say Joe Biden would be worse for stocks
How will the stock market perform with Joe Biden as president? According to a new CNBC survey, most Wall Street investors believe a Biden administration will be worse for stocks than they were under President Donald Trump. But that does not mean they are anticipating a market meltdown. The poll found that two-thirds think the […]
Will the hypocritical COVID cultist leaders be punished?
By: Andrew Moran California has sacrificed itself to the pandemic gods, appeasing the patron saint of lockdowns, Dr. Anthony Fauci, with severe coronavirus-induced restrictions, like house arrest and mask mandates, since March. Despite these draconian efforts from California’s mini-Maos, The Golden State has received a gold star in COVID-19 infections, with more than 1.7 million confirmed cases. […]
Americans reject leftism as people fled New York, California in 2020
Well, this isn’t much of a surprise: Americans are fleeing New York, Illinois, and California; and they are moving to Texas, Florida, and Arizona. Who knew leftism wasn’t popular? According to the latest numbers from the U.S. Census Bureau, it turns out that people are not too crazy about progressive policies, from raising taxes to […]