The Trends Journal got it wrong. We had forecast that since the Republicans did not do well in the mid-term election despite inflation skyrocketing and President Biden’s poll ratings tanking because of the abortion issue, Harris—who is pro-abortion—would defeat Donald Trump, who has bragged that “I was able to kill the Roe vs. Wade” that protected abortion rights.
On one side of the Israel War equation, Donald Trump’s victory in the U.S. will be a serious blow to Israel’s security and will be proven a disaster for Palestinians in the region, according to a Middle East scholar.
When you listen to the mainstream media, the future of the U.S. equity markets and the nation’s economy will all depend on who wins today’s race for the White House.
Take everything that you think you know about economics and finance, AND IT ALL COMES DOWN TO JUST TWO FUNDAMENTAL TRUTHS.
The U.S. economy created only 12,000 additional jobs in October as the strike at Boeing combined with businesses shut down by two hurricanes to crimp demand for labor, analysts said.
It looks like a trailer of a new Hunger Games / Mad Max spinoff. In a dystopian future, a group (of whites only!) sits around a hobo fire in the middle of a destroyed city.
The Russian military last week conducted an extensive military exercise that included test firing nuclear-capable ballistic missiles amid growing tensions with the West over Ukraine.
U.S. Secretary of State Antony Blinken struck an optimistic tone last week when describing the ceasefire negotiations to bring an end to the fighting between Israel and Hezbollah in Lebanon.
As we have long noted, there is absolutely no connection between Wall Street and Main Street. They are two different worlds. The equity markets keep going up as most of the global economy goes down.
For the market and the economy there is a terribly inconvenient truth, and right now we have a serious problem. (I cannot underscore SERIOUS enough).