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So today the big news is Ransomware, Comey's "memo" to himself and the big 370 point down day in the market. What a hot mess this is! First we have the rabid media and the over the top Democrats going batcrap over Comey suggesting he made a note to himself that Trump had asked him to lay off of Flynn. Then of course the already "old news" of a test run of malware that swept across 150 countries and 200K computers demanding "bitcoins" for payment.
Those two added up to a pretty hefty plunge in market land, with the DOW off 372 and the S&P cratering for 42. So in tonight's free investing newsletter we talk about the ransomware, the Comey "thing" and of course what the market's look like. I suggest you give tonight's letter some extra attention, because 1) the ransomware attack was just the tip of a much bigger iceberg, and the markets? They're starting to look dangerous.
So, Comey is out. We'll talk about all that for the weekend. Today the newsletter is about the Greater fool theory, versus dividend paying stocks. Do you know the difference? Or better yet, does the difference matter? We gnaw on that topic today, so take a few minutes and see what we're whining about. Then we move onto the actual market itself. We've sure put in a lot of tight sessions lately. Are they going to break us free and we go on to set even more all time highs? We'll see.
In today's newsletter, I'm commenting on a piece by Paul Craig Roberts concerning Washington's apparent push for nuclear war. While everyone sits around, agog at the stock market making all time new highs in the face of declining fundamentals...if you look behind the smoke and mirrors, you do see a push for war. Possibly if not probably, nuclear war.
One would think that people are smart enough to let sleeping dogs sleep, as the idea of nuclear war helps no one. Check it out.
Hi all...Tonight we're discussing this Trump guy. For all intents it looks like he's flipped on many of the positions he ran on. But then again, he's gotten an awful lot done in a short period of time too. So, is he a Deep State plant? Well if the Deeps State just wanted some puppet, they would have given the election to Hillary. So if that's not it, what is it? So in today's free investment newsletter we take a look at that very question. Why is this guy in the White house?
Hey everyone, a much shorter letter is up today. Today happens to be my birthday, and the wife has treated me to a weekend "away", so I made this letter quite short. However that's not to say it isn't a good one. I want to explore who this Trump guy is. He's seemingly flipped on just about every promise he made. Or...has he? Some believe it's all for show, as he works behind the scenes trying to get his plans moving. Which is it?
So today we get to hear from Mr. Assad himself. Take a read, I think you'll find his views interesting.
Executive orders, tax plans, what else did today bring? Find out in our free investing newsletter tonight. Yes folks, today Wednesday the 26th, the President signed an executive order returning the control of some 250 million acres of land, back to the States, instead of the Federal Government that had stepped in to "rule over" it. Then later in the day we got the outline of what Trump is trying to get out of his tax plan overhaul.
There's a lot of moving parts in it, but he's a bit skimpy on details. So as you can imagine it was a fun day in market land as we went up, we went sideways and we ended red. We're now perched at the doorstep of all time highs... are they going to punch us through? Good question. Take a read of today's letter and get our view.
One TRILLION dollars. Yes folks, the central banks of the world have purchased one TRILLION dollars worth of financial assets ( stocks and corporate bonds) in just the first quarter of this year. Now you know why the market flirts with all time highs despite Syria, N.Korea, falling retail sales, lousy PMI's etc. etc. Nothing matters because the Central banks are buying the market, keeping it up.
In this weeks free investment newsletter, we quote the Zero Hedge article that shows where that number came from. Then we talk about the Plunge protection team that we have here in the US. Yes folks, there is a group of folks who's job it is, is to keep our markets from falling. And we quote an ex member of that very team.
So take a minute to read this weeks free investing newsletter and you'll understand why the market can act like superman, in the face of things that would take a "normal" market to its knees.
No matter where you look we're at war. Not just N.Korea and Syria, and Afghanistan...but in our towns, in our colleges, in our news. I've never seen our nation in such a contentious situation in my life. The social justice warriors clash with the right wingers, the Antifa folks, clash with the alt-right, free speech is getting shut down at google and You tube.
In today's free investment newsletter, we discuss how this is affecting things. Then of course we look at the market and talk about the slow steady drip lower that we've been witness to. Does it mean a correction is in play, or is the market just bored? Today we take a look at the levels and what's important.
Hello everyone, welcome to this weeks free newsletter. Today I take a break from dissecting the global madness and talk about the way Holidays affect me personally. Then we chat about the latest market moves, and try and discern if we're about to enter a real correction, or if there's one last iota of support that could act as a brace.
But no matter what, the message of the day and the letter is... enjoy your Holiday. Make it special with the people you love. Unlike Jesus, you will not get up 3 days after you pass and walk this earth. You won't see your loved ones and they won't see you. So by all means, hug -em- up, and fellowship with them. They're your most precious investment.
In today's free investing newsletter, we're looking at the history of why we have to be so involved in so many wars. Libya, Iraq, Syria, etc. What's up with all that? Well, tonight we look at it.
The world is a very dangerous place right now, and today Rex Tillerson and Prime minister Lavrov had meetings in Moscow. They did NOT go well. I have not seen that level of distain for each other at the state dept level in many many years. So take a read of today's free newsletter and get our take on things.