“We choose debt. . .”

by Simon Black I’ve long held a working theory that US voters are completely predictable in Presidential elections. The idea is that Americans almost invariably tend to swing wildly every few election cycles, voting for the candidate who is as close to the opposite of the current guy as possible. Let’s go back a few decades … Read more

Wayne Allyn Root – The Left Goes Totally Insane

from Financial Survival Network Wayne Allyn Root joined us for an interesting discussion of the President’s first State of the Union Address. He believes that the Dems have totally lost it. What they have is Trump Derangement Syndrome on steroids. They are no longer able to look objectively at anything. The country is doing better and yet … Read more

Consumers Beginning To Bite More Than They Can Chew

via hedgopia U.S. consumers are alive and well.  There is both good and bad in this – good now but potentially bad down the road. Consumer spending in December rose 0.4 percent month-over-month to a seasonally adjusted annual rate of $13.7 trillion.  This followed upwardly revised 0.8-percent growth in November.  Year-over-year, spending rose 4.6 percent, down … Read more

Fed’s Balance Sheet Promises

via the MacoTourist Remember all the hullabaloo back in September about the Federal Reserve’s decision to shrink their balance sheet? Believe it or not, it was somewhat of a big deal and many strategists were warning about the lack of support for risk markets from this action. Here is the actual announcement from the FOMC’s … Read more

“Prison Reform” Will Be Meaningless Without An End To The War On Drugs

by Free Market Shooter   In the overwhelming aftermath of both praise and partisan attacks on President Trump and his State of the Union address, Trump’s mention of prison reform in the speech seemed like more of an afterthought.  The mention itself was rather short, with little more than a few sentencesdevoted to the topic: “As America regains its strength, this opportunity must be … Read more