Category Economics

Trump Overseas, What Could Go Wrong??

  Get your popcorn ready (we all know Putin is) as the world watches President Trump’s first overseas trip and meets with other world leaders. He hopefully doesn’t have an international incident that rattles markets ahead of the 3-day weekend coming up for Memorial Day. On the economic front, we have Durable Goods, University of […]

China-U.S. Trade: A Good Deal

Handing In Homework The first group of items agreed between the US and China on trade and economic matters were announced a few days ago. As part of the results under the 100-day pledge at the Xi-Trump summit on April 6 – 7, some of these items dramatically demonstrate the benefits of win-win cooperation. There […]

Where Have All the Traders Gone?

do-do-do, do-do-do As the mainstream media continues to have 24 hour coverage of Comey’s firing, investors will try to concentrate on the quieter than normal markets. On the economic front, we have a quiet week with Building Permits and Housing Starts. Of course North Korea can always saber rattle the markets by launching another missile. […]

China – The Greatest Ponzi Scheme in History?

A friendly commentary and analysis from China-based “doublewood” in reaction to James Rickards’ most recent Daily Reckoning piece entitled, “The Greatest Ponzi Scheme in History.” Certainly, some things to consider… Shadow-Banking Worldwide The situation depicted by Rickards is nothing new. Last month, RMB 30 billion of fake wealth management products (WMP)came to light, which brought up […]

VIVE LA VOLATILITÉ

In reaction to our recent Q1 Commentary, there understandably continues to be questions surrounding the confounding lack of volatility and complacency that has pervaded global markets, despite the widespread distress gripping the global geopolitical arena. Many market participants and those watching from the sidelines have been left dumbfounded watching the VIX (Volatility Index) meander around […]

Internet-Plus Phenomenon

Under China’s Internet+ initiative, the use of handphone for payment is becoming prevelant. They just swipe a 2-D barcode with their phones and it is done. I still mostly use the 11% cash payment method. It is nostalgic. Because most users in China prepay money into their Alipay or *WeChat accounts, Alibaba and *Tencent are […]

Doublewood: One Belt One Road (OBOR)

One Belt One Road (“OBOR”) is the designation of China’s initiative in its foreign relations. It embodies China’s vision that peace in the world is best achieved through cooperative development, economic, social and cultural. Along the various routes that had represented the historical Silk Roads on land (the Belt)and the Maritime Route by sea(the Road), […]

A Nationalist, A Communist and An Independent Walk Into a Bar

This isn’t a joke, those are the top candidates to be the next President of France. And who does this picture remind us of? hmmmmm. French Elections: After Brexit and Trump, France is now saying “Hold My Beer.” The latest polls out of the French Presidential election are showing a 4-way race between a Nationalist […]

“Arabella” Diplomacy

Ivanka Trump’s daughter, Arabella sang a song, recited the 3-character primer, and a Tang Dynasty poem in Chinese for President Xi Jingping and Madame Peng Liyuan. It is going viral in China. Forty-five years ago, an historic breakthrough in US-China relations was achieved through the Nixon visit to Beijing. It was dubbed the “Pingpong” diplomacy. […]

Xi-Trump Summit: According To The Script

This is what I understand to be the possible elements of a script anticipated on the Chinese side of the Xi-Trump summit. 1. Trump would kick off by asking for the sky from China. Xi and his entourage would remain silent, but flash broad congenial smiles at their host, saying without saying, “You are joking. […]

Xi-Trump Meeting

This Thursday, Xi Jingping and Donald Trump will meet for the first time.  Usually, meetings between US and Chinese heads-of-state require a long period of time to prepare.  This will probably go down in history as one that takes place under rather bizarre circumstances, but it may end up being quite significant. Bizarre Circumstances (1) […]

Waiting for That Reichstag Fire Moment

Investors have a busy week ahead with a string of economic data and our first look at 1Q earnings. On the economic front, we have Manufacturing PMI, the Unemployment Rate, Non-Farm Payrolls, and Average Hourly Earnings. Non-Farm Payrolls & Unemployment Rate: On Friday (4/7), we have the release of Non-Farm Payrolls, the Unemployment Rate and Average […]

Q1 2017 Market Commentary: Trump, the Fed, Globalists, and Gold

This past quarter in the markets was one of the more interesting three-month periods we’ve had in a while. Not because of what took place, but rather, the lack of what took place, considering the boiling global geopolitical climate. Almost all of Q1 unfolded against a backdrop of zero volatility and confounding complacency not seen […]

Tillerson Meetings in China

Tillerson was warmly received in Beijing by Wang Yi, Yang Jiechi and Xi Jingping.  The time and place for an imminent summit meeting between Trump and Xi have yet to be confirmed and announced.  Instead, Tillerson is saying Trump would look forward to meeting Xi in China, and Xi is saying Mr Trump would be […]

“If You Fire Me Now, I Shall Become More Powerful Than You Can Possibly Imagine”

– Preet Bharara’s potential last speech to Donald Trump before he got fired. Now that he has been fired by President Trump, “I felt a great disturbance in the force.”   After the shocking news for the sheriff of Wall Street over the weekend, investors will now turn their attention to WWJD March 17 Edition […]

Stefan Molyneux on Satanism and Socialism – Summary

A summary of Stefan Molyneux’s thought-provoking podcast/formulation on the relationship between: SATANISM and SOCIALISM Who is Satan? Satan is the God of this world. Satan asks humanity to forego the benefits of morality for the comforts of success and power. Satan’s offer à Give up your soul, and be rewarded with material wealth, political gain, […]

sci-fi-dystopia

Pop Quiz: Dystopian Sci-Fi Novel, or 2017 America?

War has raged worldwide since long before you were born. Recession has caused record levels of homelessness in city streets, and every day, more Americans come one small financial setback away from joining their ranks. Already, economists, bankers, politicians, and academics have begun pushing for a cashless society in order to monitor all spending and […]

max-keiser

Gonzo Financial Commentator Max Keiser Announces Possible NC Congressional Run

Max Keiser, a gonzo financial commentator for RT, is known for combining the high-flying drama he learned at NYU acting school with knowledge of trading, currency, and markets he began earning as stock broker on Wall Street in the 1980s. He has gained a reputation amongst proponents of Austrian economic theory and libertarianism as a […]

Hello Super Nintendo Devos

Will we have a whole generation of Ralph Wiggum’s? Investors will be watching Fed Chair Janet Yellen’s testimony as another string of earnings come in this week. We will also continue to monitor President Trump’s Executive Orders and potential 3AM tweets. On the economic front, we have a busy week with PPI, CPI, Retail Sales, […]

Trump Is Setting Japan Up For A Jewish Treat

By acting too much like an eager beaver, Japanese Prime Minister Shinzo Abe has become a prey to Donald Trump and his team of distressed financial specialists. Trump grew up in Queens, New York and went on to become a real estate developer in New York City and New Jersey. Having gone in and out […]

Liberty Blitzkrieg

The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion. - Albert Camus

TECHstinkTION

How modern technology is leading to the TECHstinkTION of humanity...

aceloewgold

"It is dangerous to be right in matters on which the established authorities are wrong." - Voltaire

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News & Views (Independent Media!)

Liberty Blitzkrieg

The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion. - Albert Camus