SWIFT

Irreversible Damage - The U.S. Economy Cannot Be Repaired

The mainstream media has been carefully crafting the propaganda meme that the Trump administration is inheriting a global economy in “ascension,” when in fact, the opposite is true. Trump enters office at a time of longstanding decline and will likely witness severe and accelerated decline over the course of the next year. The signs are already present, and this fits exactly with the basis for my prediction of the Trump election win - conservative movements are indeed being set up as scapegoats for a global economic crisis that international financiers actually created.

Make Stocks Volatile Again

January tends to show extremes of the market’s perceptions of near term risks, for good or for bad. And we know that at current levels the VIX highlights a complacent market. Does that assure us that things will get choppier from here? Of course not. But to be boldly bullish here is to ignore the historical patterns. And that seems riskier than staying aware of both history and current market dynamics. Based on the level of the economic policy uncertainty in the world, a regression model would have predicted that the VIX would be pushing 30 instead of hovering around 10.

Learning From The TV (Imagine That!)

The amount of time we collectively throw away watching what passes as "content" today on TV is truly depressing;. But amidst the vast sea of cable-network detritus, every so often there's a show or two that is worthwhile -- either for entertainment or for learning something.

Key Events In The Coming Week: All Eyes On Trump's First Actions

The key economic releases this week are durable goods and GDP on Friday. On the political front, the focus will be is on the first actions of the Trump administration including moves on TPP and NAFTA. There are no scheduled Fed speeches this week.

How To Predict The Behavior Of Globalists

The globalists believe that even if some of us do manage to decipher their activities and methods, we will have no means to do anything about them. They see themselves as the “history makers”, as the men who act. One weakness of the globalists that will sabotage them is their own hubris. They see people as pawns – but what happens when a piece walks off the chess board completely and acts in an unpredictable way? It is this potential alone that will destroy the globalists in the end.

Where's The Outrage?

The left goes nuts when a private company is contractually obliged to use its own money to pay off a failed CEO. But when left-wing politicians collude with their public union supporters to rack up unpayable pension bills in the trillions, we get... crickets.

Hoover's Folly

It is premature to make investment decisions based on rhetoric and threats. It is also possible that much of this bluster could simply be the opening bid in what is a peaceful renegotiation of global trade agreements. Regardless, we must pay close attention as trade conflicts and their consequences can escalate quickly.

Risk On: 2017 Stock Rally Continues As Global Inflation Accelerates

Following another day of upbeat economic data, with growing signs that inflation on both sides of the Atlantic is accelerating, investors rediscovered their faith in the Trumpflation rally, pushing global stocks and US equity futures higher, fuelling a second day of 2017 equity gains ahead of today's release of the Fed's December minutes.

Kunstler: 2017 Is When The Wheels Finally Come Off

The American people have been punked by their own government and their central bank, the Federal Reserve, for years and the jig is now up. In 2017 both will lose their authority and legitimacy, a very grave matter for the survival of this republic.