Dow closes the week at a new all time high. Small gains in gold and silver. Investors haven’t yet realized the Fed can’t stop inflation.
Best November for the Dow since the roaring 20s. While stocks saw a boom, gold saw a bust. Negative backdrop may have firmed gold’s bottom.
Last jobs report before election overshadowed by COVID-positive Trump. Possibility of a President Pence becomes more probable. Deregulation and lower taxes would stimulate the economy.
Stock market finishes the worst September since 2011. Silver down on the month, but outperforms stock market on the quarter. Stephen Roach speculates 35% collapse
Good news for Facebook stock is bad news for Main Street. Housing market booms – just like it did before the 2008 crash. Layoffs increasing.
S&P and Nasdaq close the week with record highs. Apple capitalizes on speculator mania with stock split. Weak economy benefits Wall Street and sedates Main
Market rallying on hope and hype. Trump’s odds of winning re-election continues decreasing. Chinese trade deals unwind. Stimulus more dangerous than virus. Everything that can
Paul Krugman & Stephen Moore are both advocating the same policies. Price for plane tickets are skyrocketing. Q&A RATE AND REVIEW the Peter Schiff Show
Markets rose yesterday on promising vaccine news and Jerome Powell interview. Printing money doesn’t solve economic problems, it compounds them. Powell admits there is no
Quiet day in the stock market. More jobs lost than expected. Fed’s balance sheet moves through $7 Trillion. Ron Insana says big deficits are not