The Fleecing of America

June, 26, 2017|

The American way has become flawed, the political system broken down, and run by politicians that could care less about the American people. The new story has been how much they are doing for the American people, amazingly they are all expressing worry about us, the poor middle class. And that could only mean one thing, they are going to stick it to us...

Free Market in China?

June, 23, 2017|

Not Likely...

Let's start with the good news. MSCI, a leading global index provider, will now include 222 Chinese stocks, called "A shares," in its popular emerging-markets stock index, which financial companies have an estimated $1.6 trillion riding on. American investors will now have a new way to gain exposure to these limited numbers of home-grown stocks in mainland China...

June, 21, 2017|

Danielle DiMartino Booth

Did you forget something? Possibly wishing me my happy second anniversary of leaving the Federal Reserve?

Oil Plummets OPEC Screwed

June, 21, 2017|

Oil Slump

Crude plunged into a bear market on Tuesday, sinking another 2.2% to settle at a nine-month low of $43.23 a barrel. The sell-off leaves oil down 22% from early January, eclipsing the 20% needed to qualify for a bear market. The big fear gripping the energy markets is that the world continues to have too much oil...

Daily Fantasy Sports Takes a Hit

June, 20, 2017|

DraftKings Merger in Trouble

The DraftKings/FanDuel merger is in trouble, which should be no real surprise, after all they were shut down in a few states before being allowed to operate again. Once again, the government wants to get involved under the rules of a monopoly, they are questioning the fairness of the lack of competition. Read: We are from the government and we are here to help...

Manipulation Killing Free Markets

June, 19, 2017|

While the FED is out there begging for inflation so they can tax me more on what I already own, what has happened to free markets and true price discovery? Normalization has become the new buzz word, but a better question would be, what is normal?

Nestle Trying to Abandon Crunch

June, 16, 2017|

Nestle Changing Direction?

Nestle said on Thursday that it was considering a sale of its American candy business, the home of treats that include Gobstoppers, Nerds and Butterfinger and Crunch bars as demand for sweets has fallen in the U.S. By declaring that it will "explore strategic options" for its candy business, the Swiss consumer company may help to further consolidate the industry to a few leading players...

The Art of Opening Your Mouth and Saying Nothing

June, 15, 2017|

Fed Raises Rates

The FED did as everyone expected on Wednesday and hiked rates followed by the same old double talk that they have mastered for 104 years. The bubble builders spoke about their solutions which are about as absurd as the FED itself...