Budget Deficit

Yuan Tumbles As Moody's Downgrades China To A1, Warns On Worsening Debt Outlook

Offshore Yuan tumbled as Moody's cut China's credit rating to A1 from Aa3, saying that the outlook for the country’s financial strength will worsen, with debt rising and economic growth slowing. This leaves the world's hoped-for reflation engine rated below Estonia, Qatar, and South Korea and on par with Slovakia and Japan.

George Orwell's Monetary Policy

"Tightening is easing..." Monetary policy is a black box and former Fed chair, Alan Greenspan, acknowledged this more than 20 years ago...

"Apocalypse Now": The Horror Of The Deep State's Plan Exposed - Part 3

Decades of propaganda, false flags, and misinformation campaigns have enabled the Deep State to gain power and control over the U.S. government. When war or a financial crisis is necessary to keep the profits flowing, events will be steered to such an outcome. With the latest financial plundering operation running out of steam, the Deep State is once again pushing the world toward global conflict.

Saudis Plan $40 Billion US Investment To "Cement Ties With Trump"

Saudi Arabia has quickly pivoted in its "appreciation" of the Trump administration, and having realized that the fastest way to Trump's heart is through the US Treasury's bank account, it is preparing to invest an "unprecedented" amount of money in the US.

Frontrunning: May 3

  • Fed Rate Rise Unlikely, but Possible June Move in Focus (WSJ)
  • GOP Health-Bill Woes Signal Centrists’ Rise (WSJ)
  • As U.S. and China find common ground on North Korea, is Russia the wild card? (Reuters)
  • North Korea says American was detained for 'attempted subversion' (Reuters)
  • SEC Probes Solar Companies Over Customer Cancellations (WSJ)
  • Slumping Car Sales Are Latest Data to Rattle Bets on Growth (WSJ)

5 Actual 'Facts' About Tax Reform

Investors want to see corporate tax reform (including repatriation relief) succeed. Individual tax reform is a “Nice to have” but negotiations there could derail the corporate side.

When Bulls Collide

With this backdrop of weakening underpinnings of the “Trump Trade” but exuberant hopes of a continued bull market run comes the potential collision between markets. It is highly unlikely that bond bulls and stock bulls will both be right.