by Mike Shedlock The world is on a huge collision course with China and Trump will be at the helm. The Tax foundation has an excellent Tariff Tracker report: Tracking the Economic Impact of the Trump-Biden Tariffs. Key Tariff Findings The Trump administration imposed nearly $80 billion worth of new taxes on Americans by levying tariffs … Read more
I'm starting to think all this "economic growth" is really just a debt bomb: pic.twitter.com/h3cEnn9HYc — E.J. Antoni, Ph.D. (@RealEJAntoni) July 25, 2024 Let's do a little update on this for Q1 of 2024 (hint: it's not good) Here is GDP growth (how much your income increased) The increase in the deficit (gap between what … Read more
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: http://www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited … Read more
by confoundedinterest17 From Zero Hedge. After a disappointing dump in existing home sales in June, new home sales just confirmed the slowdown, dropping 0.6% MoM (notably below the 3.4% MoM expected) and also saw a major downward revision in May from -11.3% MoM to -14.9% MoM. That leaves new home sales down 7.4% YoY… Source: Bloomberg … Read more
Gold’s breakout failed and fell back into the previous consolidation zone at $2300 to $2400/oz. Silver reversed hard and is threatening support at $29. Precious Metals must work through this technical damage before they can resume their new uptrends. For years, we have written about the significance of Gold outperforming the stock market and the … Read more
Former President Donald Trump has raised more than $4 million in cryptocurrencies. Contributors to the Trump 47 Committee have donated bitcoin, ether, Ripple’s XRP token and the U.S. dollar pegged stablecoin USDC, according to a Federal Election Commission filing. Trump is keynoting a major bitcoin conference in Nashville, Tennessee, on Saturday. NASHVILLE, Tennessee — Former … Read more
Are you looking for a reliable and powerful trading platform to enhance your trading experience? Choosing the right trading platform is crucial for your success as a trader. With so many options available, it can be overwhelming to decide which one to use. However, MT5 has quickly become one of the most popular choices among … Read more
Success in trading does not only involve working with numbers and charts but it is deeply concerned with psychology. Understanding how emotions and behaviors influence our decisions can make a significant difference. Oftentimes, traders are overwhelmed by strong emotions of fear and greed, which tend to blind their judgment. Furthermore, cognitive biases can make it … Read more
Just announced that FBI is in charge of the investigation of the attempted assassination of Trump. That means we'll never get the truth. The FBI are the liars who cooked up Crossfire Hurricane, Russian collusion hoax, wiretapped and wanted an "insurance policy" against Trump. pic.twitter.com/7Ylp0zV7Vu — Jim Rickards (@JamesGRickards) July 14, 2024
A top Republican is demanding the Pentagon explain why it tried to hide taxpayer dollars sent to China for risky virus research. A new Defense Department report shockingly revealed the agency lost track of millions of taxpayer dollars sent to the adversary of the US. Sen. Rand Paul, R-Ky., is now demanding Secretary of Defense … Read more