Wednesday, January 25, 2017 12:46:44 AM
Turn To Stone News Zone
MMgys
Turn To Stone Pick a Bone in this News Zone
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Breaking News And Best Of The Web
January 24, 2017
US stocks up, gold and silver near multi-week high.
President Trump begins with flurry of changes to Obamacare and NAFTA.
Earnings season starting well for banks and miners.
Global debt continues to soar, especially in China. Fake news debate rages.
Trump and Merkel trade insults.
Best Of The Web
These are the countries with the biggest debt slaves – Wolf Street
Everything is awesome! – Mish
What is this ‘crisis’ of modernity? – Automatic Earth
Weekend edition: comparing the 1930s and today, part I – Casey Research
The global war on cash – Visual Capitalist
Stock market indicators: S&P 500 buybacks & dividends – Yardeni
3 things: returns, nothing but “net”, overly optimistic – Real Investment Advice
US financial markets – alarm bells are ringing – Acting Man
Fire with fire – Automatic Earth
2017—Shades of 1937 – Financial Sense
Why the stock market has blasted into outerspace – Econimica
Surmount impending markets shocker to profit and protect – 24hGold
Off to an interesting start – Credit Bubble Bulletin
—————————————————————–
Breaking News
The Economy
1/25 The Second Largest Bubble in 100 Years – Daily Reckoning
1/25 Japanese exports turn positive after 14-month slump – Bloomberg
1/24 Senate democrats to unveil $1 trillion infrastructure plan – NY Times
1/24 U.S. manufacturing PMI beats in January, new orders surge – Investing.com
1/24 Eurozone manufacturing PMI exceeds five-year high – Digital Look
1/24 Japan January flash mfg PMI shows fastest expansion in almost three years – Reuters
1/24 Brexit plans unlikely to be slowed by Article 50 defeat – Reuters
1/24 80% of central banks plan to buy more stocks – Zero Hedge
1/24 Cramer: Here is why Target’s shortfall is so frightening for retail – CNBC
1/24 A rising tide of used cars threatens Ford’s profits – Bloomberg
1/24 Teamsters’ Jimmy Hoffa lavishes praise on Trump on trade policy – BreitBart
1/24 Bill Fleckenstein interview – King World News
1/23 Trump’s massive infrastructure, defense plans will lead to ruin – CNBC
1/23 Retail malaise puts pressure on chains to shutter more stores – Bloomberg
Precious Metals
1/25 Trump is gold rally accelerant – 321Gold
1/25 Columbus Gold comes to a fork in the road – Streetwise Reports
1/25 Will 2017 mark a turnaround in Goldcorp’s fortunes? – Market Realist
1/25 Yamana Gold jumped 46% in 2016: can it jump even higher in 2017? – Motley Fool
1/25 Fortuna announces US$65 million bought deal financing – Yahoo!
1/25 Historical official records reveal gold’s value should be 20x higher – SRSrocco Report
1/24 Gold consolidates after notching nearly 10-week high – MarketWatch
1/24 “Global liquidity will move into precious metals in the next 3 – 6 months” – 24hGold
1/24 History tells us that silver will lead – GoldCore
1/24 Gold fundamentals confirm up move – Seeking Alpha
1/24 It’s all about COMEX – SafeHaven
Inflation, Deflation, Currency War, Cryptocurrencies
1/25 Bitcoin holds above $900 as fears of Chinese crackdown fade – MarketWatch
1/24 Global markets turn back on euro as economic woes reinforce dollar – Telegraph
1/24 Fed debate over $4.5 trillion balance sheet looms in 2017 – Bloomberg
1/24 Dollar steadies after stumble, Brexit ruling saps sterling – Reuters
1/24 German inflation likely to rise 2 pct in January – EconoTimes
1/24 Not even Trump can clean up this mess – Casey Research
1/24 Gallo: inflation can become a ‘nightmare’ for ECB – Bloomberg
1/24 Le Pen risk flashes in tightest yield spread to Spain since 2010 – Bloomberg
1/24 Bitcoin is shrugging off some big news out of China – Business Insider
1/24 Bitcoin can serve as a foreign exchange international platform – Coin Telegraph
Real Estate Bubble
1/25 Homebuilders sizzle–but you must read these charts before you buy – The Street
1/25 The ‘housing culture war’ reignites over $42 a month – MarketWatch
1/24 US existing home sales fall as supply hits lowest level since 1999 – CNBC
1/22 Housing bubble pops, Chinese real estate firms halt pricing data – Zero Hedge
1/22 Immediately, Trump suspends FHA mortgage fee cut – Zero Hedge
DollarCollapse Podcasts
12/21 Blow-Off Top
12/01 All Eyes On Italy
11/04 Instability on the horizon
10/04 European banks in the eye of the storm
9/13 Markets explain facts of life to Fed
8/16 A tough time to manage money
7/27 Random violence and political instability: the new normal
7/21 It’s not the event but the response to the event that matters
7/01 Brexit was just the beginning
6/25 The deeper meaning of Brexit
Politics
1/25 Trump administration orders media blackout at EPA – LA Times
1/25 Trump’s executive orders restricting immigration, order Mexican wall – Zero Hedge
1/25 Defiant governor: ‘California is not turning back, not now, not ever’ – MarketWatch
1/25 ‘1984’ sales spike after Kellyanne Conway’s Orwellian interview – Huffington Post
1/25 Divided States of America – Frontline
1/24 Theresa May, Trump to hold talks on trade deal that cuts tariffs – Telegraph
1/24 Fillon challenges Merkel on Russia, immigration, Turkey – Mish
1/24 Marine Le Pen’s surprise supporters – Politico
1/24 Europe’s far-right leaders unite at dawn of the Trump era – Time
1/23 China slams Western democracy as flawed – Bloomberg
1/23 Trump makes revised trade deals an early priority – Wall Street Journal
1/23 The inauguration, and the counter-inauguration – Atlantic
Offshore Investing
1/24 Switzerland: still a safe country for storage… but only for physical gold – GoldBroker
12/23 The best countries for your escape plan – International Man
12/21 Do you have an offshore backup plan? – Sovereign Investor
12/17 If Europe goes down, we go with it – Nestmann
Clean Tech
1/25 How solar power might burn dry bulk shipping – Seeking Alpha
1/24 Renewables with vanadium batteries to reshape $27bn off-grid market – SafeHaven
1/24 Trump signs orders renegotiating Keystone XL, Dakota access pipelines – Zero Hedge
1/24 US solar employs more people than oil, coal, gas combined – Independent
1/24 Solar could be a cheaper power source than coal within a decade – Oil Price
1/24 Theresa May seeks clean energy to buoy vision of global Britain – Bloomberg
1/23 Trump’s victory creates uncertainty for wind and solar power – ABC News
Art of the Collapse
1/24 Watch: SNL pays tribute to Obama — ‘don’t go!’ – BreitBart
1/16 “Mainstream mediasaurus” – Zero Hedge
War, Civil Unrest, Privacy, Creeping Fascism, Police State
1/25 China says will protect South China Sea sovereignty – Reuters
1/25 China’s missiles near Russian borders target USA analyst believes – Before It’s News
1/25 Gun-controlled Paris deploys soldiers to protect the wealthy – BreitBart
1/24 Netanyahu approves 2,500 more homes in settlement territories – MRC TV
1/24 Trump White House vows to stop China taking South China Sea islands – Reuters
1/23 China party paper says no ‘provocation’ can stop its military drills – Reuters
1/23 Erdogan seeks powers to stay in office until 2029 – Mish
1/23 Netanyahu wants to discuss iran ‘threat’ with Trump – BreitBart
Self-sufficiency, Food Security, Survival
1/24 What does roundup do to your liver? – Mercola
1/24 Dirty dairy is in panic mode – Mercola
1/23 How sun exposure improves your immune function – Mercola
1/22 Persistence is undervalued – Signal v. Noise
1/22 Why planning your day the night before drastically increases productivity – Medium
1/19 How to protect your online life – International Man
1/16 12 Google tricks that will change how you search – Medium
1/16 A guide to becoming unstoppable with your money – Medium
1/08 US seafood consumption up, but many still making unhealthy purchases – Mercola
CyberWar, CyberTerrorism, CyberCrime
1/21 The emergence of the ‘cyber cold war’ – NBC
1/19 2016 was a record year for data breaches – Bloomberg
1/19 Inside a multinational cyber weapons deal that went bust – Bloomberg
1/17 Russian hackers were only getting started in the 2016 election – Fortune
1/16 The year’s biggest hacks, from Yahoo to the DNC – Wired
Off-Topic But Brilliant/Challenging/Infuriating
1/25 Cab industry on verge of collapse? Capital One’s Taxi NPL rate >50% – Zero Hedge
1/25 6 areas of AI and machine learning to watch closely – Medium
1/23 Last time oceans got this warm, sea levels were 20-30ft higher – LA Times
1/23 Government ‘tried to bury’ its own alarming report on climate change – Independent
1/23 AI performs better than 75% of American adults on visual IQ test – Kurzweil
1/23 Utopian ideas on climate change will get us precisely nowhere – Guardian
1/23 Why are world leaders visiting Antarctica? – USA Watchdog
1/23 This book outlines both the history and future of marijuana – Salon
1/22 Being antinatalist – Medium
1/21 NASA finally admits it’s going to get colder – Armstrong Economics
1/20 Google’s Sergey Brin ‘surprised’ by speed of AI advancements – Bloomberg
The Above Links Found Here
http://dollarcollapse.com/breaking-news/breaking-news/
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Jan 24 Columbus Gold Comes to a Fork in the Road Bob Moriarty StreetwiseReports
Jan 24 Trump Is Gold Rally Accelerant Stewart Thomson 321gold
Jan 24 Public Employee Unions Guarantee National Bankruptcy BATR
Jan 23 Star Gold Aims At Production Bob Moriarty 321gold
Jan 23 BBBBB This past week in gold Jack Chan 321gold
Jan 23 High AMO Says Rates Should Stay Low Tom McClellan McOscillator
Jan 23 Gold Looks Bullish EAG
Jan 23 Gravity Gold Defies for a Four-Week Rise Demeadville
Jan 22 U.S. General Accounting Office sounds alarm on America’s insolvency FP
Jan 22 The Investment Secret Of The 2000s And It Has But Started GS
Jan 21 Major Markets at Turning Points DI
Jan 21 In Search of the New World MA
Jan 24 Prosper [web] Drilling Update PGX
Jan 24 Auryn [web] Completes Strategic Investment by Goldcorp Inc. AUG
Jan 24 Nexus [web] Samples 403 g/t Gold From Quartz Vein... NXS
Jan 24 Aton [web] Announces Maiden Resource Estimate for Hamama West... AAN
Jan 23 TriStar [web] Retains Integral Wealth as Market Maker TSG
Jan 23 Gold Standard Ventures [web] Finds Northern Extension of North Bullion High Grade Deposit GSV
Jan 23 Torchlight [web] Provides Operational Update for Permian Basin & Orogrande Basin Assets TRCH
Jan 23 Winston [web] Outlines New High-grade Gold Vein WGC
Jan 23 Star Gold [web] Letter to Shareholders SRGZ
Jan 23 MXGold [web] Completes Acquisition of Magistral Joint Venture Yahoo!
These above links found here
http://www.321gold.com/
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Risk On to Dow 20,000
Today was one of those risk on days, when the porcine class sees things going their way, or they will make it so.
A primary driver may be the desire to get the Dow Industrials, which are now pretty much only industrial in name only, up and over the headline 20,000 number, the better to eat you with, my dears. Yes, it's a bubble. That's what the Fed and the financial system do these days, go from one bubble to another, bringing in the sheaves of hypocrisy and fraud.
Tech stocks were also breaking to new highs. The VIX slumped back down to the lower bound of its recent trading range. And gold and silver were off. Risk on, remember?
As for now, these equity markets are pretty clearly signaling a trading range, and not a post-election decline. I think that comes later.
The Trumpster is doing some good things and some dodgy things. The TPP was a neoliberal abomination, and canning that deal and putting NAFTA back on the table is a smart move, no matter what the the establishment's professional auxiliary may say.
I have some bad feelings about the Keystone and Dakota pipelines, and we will have to see where that goes, and to whom it flows. The Donald is hard to predict, because I do not think his mind is always fully engaged to his mouth, or a category of first order principles, other than profits. Opportunists and wheeler-dealers tend to have that difficulty.
But I don't have much sympathy for those who knock him for jawboning companies, and trying different tactics to generate jobs, decent full time jobs, for the working class, in a tangible leader-like manner. In this he is more like a Franklin Roosevelt. Yikes, did I say that? Yes, and Obama seemed much more like a Herbert Hoover, but with a much cooler panache, and significantly less operational experience. Hillary? It is not polite or fitting to compare a lady to Il Duce. But as a pair of Clintons goes, it does come to mind.
Well, enough said, and it's probably better to move along and get something useful done.
Have a pleasant evening.
http://jessescrossroadscafe.blogspot.com/
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
MMgys
Turn To Stone Pick a Bone in this News Zone
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Breaking News And Best Of The Web
January 24, 2017
US stocks up, gold and silver near multi-week high.
President Trump begins with flurry of changes to Obamacare and NAFTA.
Earnings season starting well for banks and miners.
Global debt continues to soar, especially in China. Fake news debate rages.
Trump and Merkel trade insults.
Best Of The Web
These are the countries with the biggest debt slaves – Wolf Street
Everything is awesome! – Mish
What is this ‘crisis’ of modernity? – Automatic Earth
Weekend edition: comparing the 1930s and today, part I – Casey Research
The global war on cash – Visual Capitalist
Stock market indicators: S&P 500 buybacks & dividends – Yardeni
3 things: returns, nothing but “net”, overly optimistic – Real Investment Advice
US financial markets – alarm bells are ringing – Acting Man
Fire with fire – Automatic Earth
2017—Shades of 1937 – Financial Sense
Why the stock market has blasted into outerspace – Econimica
Surmount impending markets shocker to profit and protect – 24hGold
Off to an interesting start – Credit Bubble Bulletin
—————————————————————–
Breaking News
The Economy
1/25 The Second Largest Bubble in 100 Years – Daily Reckoning
1/25 Japanese exports turn positive after 14-month slump – Bloomberg
1/24 Senate democrats to unveil $1 trillion infrastructure plan – NY Times
1/24 U.S. manufacturing PMI beats in January, new orders surge – Investing.com
1/24 Eurozone manufacturing PMI exceeds five-year high – Digital Look
1/24 Japan January flash mfg PMI shows fastest expansion in almost three years – Reuters
1/24 Brexit plans unlikely to be slowed by Article 50 defeat – Reuters
1/24 80% of central banks plan to buy more stocks – Zero Hedge
1/24 Cramer: Here is why Target’s shortfall is so frightening for retail – CNBC
1/24 A rising tide of used cars threatens Ford’s profits – Bloomberg
1/24 Teamsters’ Jimmy Hoffa lavishes praise on Trump on trade policy – BreitBart
1/24 Bill Fleckenstein interview – King World News
1/23 Trump’s massive infrastructure, defense plans will lead to ruin – CNBC
1/23 Retail malaise puts pressure on chains to shutter more stores – Bloomberg
Precious Metals
1/25 Trump is gold rally accelerant – 321Gold
1/25 Columbus Gold comes to a fork in the road – Streetwise Reports
1/25 Will 2017 mark a turnaround in Goldcorp’s fortunes? – Market Realist
1/25 Yamana Gold jumped 46% in 2016: can it jump even higher in 2017? – Motley Fool
1/25 Fortuna announces US$65 million bought deal financing – Yahoo!
1/25 Historical official records reveal gold’s value should be 20x higher – SRSrocco Report
1/24 Gold consolidates after notching nearly 10-week high – MarketWatch
1/24 “Global liquidity will move into precious metals in the next 3 – 6 months” – 24hGold
1/24 History tells us that silver will lead – GoldCore
1/24 Gold fundamentals confirm up move – Seeking Alpha
1/24 It’s all about COMEX – SafeHaven
Inflation, Deflation, Currency War, Cryptocurrencies
1/25 Bitcoin holds above $900 as fears of Chinese crackdown fade – MarketWatch
1/24 Global markets turn back on euro as economic woes reinforce dollar – Telegraph
1/24 Fed debate over $4.5 trillion balance sheet looms in 2017 – Bloomberg
1/24 Dollar steadies after stumble, Brexit ruling saps sterling – Reuters
1/24 German inflation likely to rise 2 pct in January – EconoTimes
1/24 Not even Trump can clean up this mess – Casey Research
1/24 Gallo: inflation can become a ‘nightmare’ for ECB – Bloomberg
1/24 Le Pen risk flashes in tightest yield spread to Spain since 2010 – Bloomberg
1/24 Bitcoin is shrugging off some big news out of China – Business Insider
1/24 Bitcoin can serve as a foreign exchange international platform – Coin Telegraph
Real Estate Bubble
1/25 Homebuilders sizzle–but you must read these charts before you buy – The Street
1/25 The ‘housing culture war’ reignites over $42 a month – MarketWatch
1/24 US existing home sales fall as supply hits lowest level since 1999 – CNBC
1/22 Housing bubble pops, Chinese real estate firms halt pricing data – Zero Hedge
1/22 Immediately, Trump suspends FHA mortgage fee cut – Zero Hedge
DollarCollapse Podcasts
12/21 Blow-Off Top
12/01 All Eyes On Italy
11/04 Instability on the horizon
10/04 European banks in the eye of the storm
9/13 Markets explain facts of life to Fed
8/16 A tough time to manage money
7/27 Random violence and political instability: the new normal
7/21 It’s not the event but the response to the event that matters
7/01 Brexit was just the beginning
6/25 The deeper meaning of Brexit
Politics
1/25 Trump administration orders media blackout at EPA – LA Times
1/25 Trump’s executive orders restricting immigration, order Mexican wall – Zero Hedge
1/25 Defiant governor: ‘California is not turning back, not now, not ever’ – MarketWatch
1/25 ‘1984’ sales spike after Kellyanne Conway’s Orwellian interview – Huffington Post
1/25 Divided States of America – Frontline
1/24 Theresa May, Trump to hold talks on trade deal that cuts tariffs – Telegraph
1/24 Fillon challenges Merkel on Russia, immigration, Turkey – Mish
1/24 Marine Le Pen’s surprise supporters – Politico
1/24 Europe’s far-right leaders unite at dawn of the Trump era – Time
1/23 China slams Western democracy as flawed – Bloomberg
1/23 Trump makes revised trade deals an early priority – Wall Street Journal
1/23 The inauguration, and the counter-inauguration – Atlantic
Offshore Investing
1/24 Switzerland: still a safe country for storage… but only for physical gold – GoldBroker
12/23 The best countries for your escape plan – International Man
12/21 Do you have an offshore backup plan? – Sovereign Investor
12/17 If Europe goes down, we go with it – Nestmann
Clean Tech
1/25 How solar power might burn dry bulk shipping – Seeking Alpha
1/24 Renewables with vanadium batteries to reshape $27bn off-grid market – SafeHaven
1/24 Trump signs orders renegotiating Keystone XL, Dakota access pipelines – Zero Hedge
1/24 US solar employs more people than oil, coal, gas combined – Independent
1/24 Solar could be a cheaper power source than coal within a decade – Oil Price
1/24 Theresa May seeks clean energy to buoy vision of global Britain – Bloomberg
1/23 Trump’s victory creates uncertainty for wind and solar power – ABC News
Art of the Collapse
1/24 Watch: SNL pays tribute to Obama — ‘don’t go!’ – BreitBart
1/16 “Mainstream mediasaurus” – Zero Hedge
War, Civil Unrest, Privacy, Creeping Fascism, Police State
1/25 China says will protect South China Sea sovereignty – Reuters
1/25 China’s missiles near Russian borders target USA analyst believes – Before It’s News
1/25 Gun-controlled Paris deploys soldiers to protect the wealthy – BreitBart
1/24 Netanyahu approves 2,500 more homes in settlement territories – MRC TV
1/24 Trump White House vows to stop China taking South China Sea islands – Reuters
1/23 China party paper says no ‘provocation’ can stop its military drills – Reuters
1/23 Erdogan seeks powers to stay in office until 2029 – Mish
1/23 Netanyahu wants to discuss iran ‘threat’ with Trump – BreitBart
Self-sufficiency, Food Security, Survival
1/24 What does roundup do to your liver? – Mercola
1/24 Dirty dairy is in panic mode – Mercola
1/23 How sun exposure improves your immune function – Mercola
1/22 Persistence is undervalued – Signal v. Noise
1/22 Why planning your day the night before drastically increases productivity – Medium
1/19 How to protect your online life – International Man
1/16 12 Google tricks that will change how you search – Medium
1/16 A guide to becoming unstoppable with your money – Medium
1/08 US seafood consumption up, but many still making unhealthy purchases – Mercola
CyberWar, CyberTerrorism, CyberCrime
1/21 The emergence of the ‘cyber cold war’ – NBC
1/19 2016 was a record year for data breaches – Bloomberg
1/19 Inside a multinational cyber weapons deal that went bust – Bloomberg
1/17 Russian hackers were only getting started in the 2016 election – Fortune
1/16 The year’s biggest hacks, from Yahoo to the DNC – Wired
Off-Topic But Brilliant/Challenging/Infuriating
1/25 Cab industry on verge of collapse? Capital One’s Taxi NPL rate >50% – Zero Hedge
1/25 6 areas of AI and machine learning to watch closely – Medium
1/23 Last time oceans got this warm, sea levels were 20-30ft higher – LA Times
1/23 Government ‘tried to bury’ its own alarming report on climate change – Independent
1/23 AI performs better than 75% of American adults on visual IQ test – Kurzweil
1/23 Utopian ideas on climate change will get us precisely nowhere – Guardian
1/23 Why are world leaders visiting Antarctica? – USA Watchdog
1/23 This book outlines both the history and future of marijuana – Salon
1/22 Being antinatalist – Medium
1/21 NASA finally admits it’s going to get colder – Armstrong Economics
1/20 Google’s Sergey Brin ‘surprised’ by speed of AI advancements – Bloomberg
The Above Links Found Here
http://dollarcollapse.com/breaking-news/breaking-news/
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Jan 24 Columbus Gold Comes to a Fork in the Road Bob Moriarty StreetwiseReports
Jan 24 Trump Is Gold Rally Accelerant Stewart Thomson 321gold
Jan 24 Public Employee Unions Guarantee National Bankruptcy BATR
Jan 23 Star Gold Aims At Production Bob Moriarty 321gold
Jan 23 BBBBB This past week in gold Jack Chan 321gold
Jan 23 High AMO Says Rates Should Stay Low Tom McClellan McOscillator
Jan 23 Gold Looks Bullish EAG
Jan 23 Gravity Gold Defies for a Four-Week Rise Demeadville
Jan 22 U.S. General Accounting Office sounds alarm on America’s insolvency FP
Jan 22 The Investment Secret Of The 2000s And It Has But Started GS
Jan 21 Major Markets at Turning Points DI
Jan 21 In Search of the New World MA
Jan 24 Prosper [web] Drilling Update PGX
Jan 24 Auryn [web] Completes Strategic Investment by Goldcorp Inc. AUG
Jan 24 Nexus [web] Samples 403 g/t Gold From Quartz Vein... NXS
Jan 24 Aton [web] Announces Maiden Resource Estimate for Hamama West... AAN
Jan 23 TriStar [web] Retains Integral Wealth as Market Maker TSG
Jan 23 Gold Standard Ventures [web] Finds Northern Extension of North Bullion High Grade Deposit GSV
Jan 23 Torchlight [web] Provides Operational Update for Permian Basin & Orogrande Basin Assets TRCH
Jan 23 Winston [web] Outlines New High-grade Gold Vein WGC
Jan 23 Star Gold [web] Letter to Shareholders SRGZ
Jan 23 MXGold [web] Completes Acquisition of Magistral Joint Venture Yahoo!
These above links found here
http://www.321gold.com/
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Risk On to Dow 20,000
Today was one of those risk on days, when the porcine class sees things going their way, or they will make it so.
A primary driver may be the desire to get the Dow Industrials, which are now pretty much only industrial in name only, up and over the headline 20,000 number, the better to eat you with, my dears. Yes, it's a bubble. That's what the Fed and the financial system do these days, go from one bubble to another, bringing in the sheaves of hypocrisy and fraud.
Tech stocks were also breaking to new highs. The VIX slumped back down to the lower bound of its recent trading range. And gold and silver were off. Risk on, remember?
As for now, these equity markets are pretty clearly signaling a trading range, and not a post-election decline. I think that comes later.
The Trumpster is doing some good things and some dodgy things. The TPP was a neoliberal abomination, and canning that deal and putting NAFTA back on the table is a smart move, no matter what the the establishment's professional auxiliary may say.
I have some bad feelings about the Keystone and Dakota pipelines, and we will have to see where that goes, and to whom it flows. The Donald is hard to predict, because I do not think his mind is always fully engaged to his mouth, or a category of first order principles, other than profits. Opportunists and wheeler-dealers tend to have that difficulty.
But I don't have much sympathy for those who knock him for jawboning companies, and trying different tactics to generate jobs, decent full time jobs, for the working class, in a tangible leader-like manner. In this he is more like a Franklin Roosevelt. Yikes, did I say that? Yes, and Obama seemed much more like a Herbert Hoover, but with a much cooler panache, and significantly less operational experience. Hillary? It is not polite or fitting to compare a lady to Il Duce. But as a pair of Clintons goes, it does come to mind.
Well, enough said, and it's probably better to move along and get something useful done.
Have a pleasant evening.
http://jessescrossroadscafe.blogspot.com/
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
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