The Battle of the Dollar has commenced

The Battle of the dollar has commenced. The forces battling to squash the value of the greenback stretch from Washington to Beijing, with battle lines in Tokyo, London and Shanghai. A strong dollar is crippling to the Chinese economy, since the yuan is pegged to the dollar and has already been devalued by 10% to […]

Banning the travel ban, not likely

I can’t say with certainty that the next gee-whiz tech company will not be founded here because of President Trump’s immigration ban, which was enacted over the weekend. In the same breath I can’t say if another mass shooting was thwarted either. What can be said again about President Trump, he doesn’t care about what […]

Trump will inflate us out of our $20T in debt

What is the result of the Dow Jones industrial average breaking through the 20,000 mark? I’m of the opinion that the psychological milestone is no different from breaking through 19,990, however rounded numbers are far more celebrated than others. So the Dow won the race it was in with the National Debt Level, which is […]

Values of US malls are now 50% off

The fallout in retail continues as a result of the horrible holiday sales for brick and mortar stores. Roughly a dozen top retail executives have been let go since the new year including Wal-Mart’s Sam Club CEO and the head of Lane Bryant and Catherines. All this churn as a result of disastrous sales, is […]

Trump building new alliances at Dems expense

On Monday President Trump sign an executive order repealing the Trans-Pacific Partnership. This was an 12-nation agreement on trade with mostly Asian “manufacturers. During the campaign Trump called the TPP “a potential disaster for our country.” The executive order merely stops the Senate from considering the TPP, since it has not been ratified yet. Although […]

Market’s need to sell off to MAGA

Today marks the 1st full trading day of President Trump’s presidency. Let’s put some markers down before the open for assessment later. Dow Jones: 19,827.25 S&P 500: 2,271.31 Nasdaq: 5,555.33 US 10-year note yield: 2.468% If we are higher on equities six months from now, we can say Trump’s Put America First has been derailed. […]

Beware the (pr)Ides of march

Eight years ago, I was not enthralled with out new president. I sensed that President Obama was not going to be an advocate for me. I was part of the problem. I was a working white male, who needed to atone for past transgressions from generations past. Despite this feeling I had no impetus to […]