Mexico

The Coming Bear Market

The bears are dead. Long live the bears. And that, in a nutshell, describes every bubble and emerging bear market there ever was...

Trump Begins Crackdown On DREAMers: "We Are Hoping This Detention Was A Mistake"

As state after state lodges various complaints to block President Trump's immigration executive order, it appears he is following through on campaign promises in other ways. What seems to be the first detention of a so-called DREAMer, a 23-year-old illegal Mexican immigrant has been arrested in Seattle by U.S. Immigration and Customs Enforcement officers.

A New Jacksonian Era? Part 2

Trump will most certainly accomplish the relatively easy stuff – cutting taxes, building a wall, increasing funding for the military, spending more on infrastructure, and repealing Obamacare. If he wanted to leave a legacy on par with Andrew Jackson’s he will have to the hard stuff too. Will Trump have the courage to do any of the hard stuff? If not, the decline of the American Empire is inevitable.

Frontrunning: February 14

  • Yellen to Face Questions on Trump’s Impact on Economy (WSJ)
  • Fed has limited view on Trump economic policies as Yellen heads to Congress (Reuters)
  • Oil rises as OPEC-led output cuts trim oversupply (Reuters)
  • Mnuchin’s G-20 Debut Clouded by Currency Chatter (BBG)
  • Israel’s Netanyahu Prepares for High-Stakes Talks With Trump (WSJ)
  • Peugeot Owner in Talks to Buy GM’s European Business (BBG)

A New Jacksonian Era? Part 1

There is no doubt Jackson and Trump have similarities in their confrontational natures, blunt talk and fiery tempers. It is fascinating how the intellectual elites of Jackson’s time had the same level of contempt for the common man as the arrogant ruling elite have for the “deplorables” inhabiting the towns and hamlets of flyover America today.