If you are a stock investor, you should be terrified. The most disconcerting words have been uttered by the one person capable of changing the whole dynamic. After spending so many years trying to recreate the magic of the “maestro”, Ben Bernanke in retirement is still at it.
The potential shutdown would put a hiccup in federal bureaucracy for a few weeks, but that’s not the real reason Americans should be worried. Turns out, there may be an unseen economic danger that could affect you and your savings.
Al Gore, via a new report from his Energy Transitions Commission (ETC), would like for you to know that he has a plan to save all of mankind from inevitable extinction which will come by around the year 2030 unless we join his global warming crusade immediately...and it will only cost about $15 Trillion
A communique from the IMF’s steering committee released on Saturday in Washington echoed the G-20 reversal, and said that officials “are working to strengthen the contribution of trade to our economies" while omitting a call from its last statement in October to “resist all forms of protectionism."
"The remaining bullishness and buy-the-dips robo-trading that temporarily sustained the dotcom bubble through March 2000 and the housing bubble through September 2008 will soon give way... This century’s third great bubble’s days are numbered and in just a few digits."
"...You don’t know what to expect with Trump... And from an Art of War standpoint that is the worst possible thing for someone like Putin, who is very pragmatic, to deal with someone like trump… because you don’t know what to expect."
From Obamacare to NATO, and from Ex-Im Bank to Chinese currency manipulators, President Trump has shown he is comfortable changing his mind 'bigly'. Today's exuberant support for "TTIP as good for global order," from Speaker Ryan, following VP Pence's meetings in Japan, raises questions about whether Trump's executive order withdrawing from the Trans-Pacific Partnership (TPP) free trade agreement is the next big flip-flop.
In a stark warning, the IMF cautions that the number of firms with very low interest coverage ratios — a common signal of distress — would rise to 22% of total corporate assets should US interest rates post a sharp increase in the near future.