The gap between the charged-up price action on Wall Street…and the depressing ground of the macro world....must be closed. What will spark a correction, we don’t know.
You may well be right on that. If it's true, I'd be inclined to give them (or perhaps I should say "us") a pass on that. If I'm informed correctly, 50% of us are living paycheck to paycheck. I think that makes voting on economics, as experienced personally, very understandable.
The Federal Reserve Balance sheet has been expanding under Powell. This money goes to the banks and Wall Street and will continue. This will continue the "Inflate or Die" theme.
The bag holders drive up oil and shipping one day and Wall Street sells off their holdings after hours. Over and over again the big money is leaving on every rise. That's my guess as to why it up one day and down the next.
Another interesting read from Bill. To be sure those in the "know" are staying out of the stock market however, not many are in the "know" and will be financial hurt, there will be no escape.
So that part of the missive, while redundant, was nevertheless a warning that big losses are somewhere on the horizon so planning and protection are important. Yet Bill continues to denigrate the war effort and uses the legacy media to support his quagmire thesis. Does he not understand that Iran with nuclear weapons and the ballistic delivery system that can reach Europe and maybe the homeland, and the religious belief system which mandates that they use the weapons, is enough reason to support the war? But he never ever mentions it. Why?
I think it is obvious the stock market is weakening and Wall Street is pushing stocks onto the less knowledgeable. Same old corrupt game. Trump is fighting the cartels that are part of the corruption and a big part of the money behind the left but the left may not love their supporters but they have no choice but to support them politically or get destroyed as society realizes the connections. There isn't much enticing about a depression except the fight against corruption could increase. If we ever want an America that actually can move in a positive direction the corruption must be defeated moving back to a subdued lifestyle that is more realistic and with less debt. In my opinion society doesn't move forward without a hell of a lot of hard work and most of the noses to the grindstone and less spending what everyone doesn't have through credit. I'm betting we have reached the endpoint.
Curious - why does Israel have nuclear weapons? Israel doesn't need nuclear weapons. And why does the U.S. allow North Korea to have nuclear weapons? And, why Pakistan? But it is so horrific that Iran may have a nuclear weapon? So much BS
Bill has stated several times over the past few years, I think, that the average empire lasts about 250 years. However, the Roman empire withered away in decline for 300 years. What does that mean for the USA empire?
"Team Trump says that whatever we pay for the war is a small price to pay for whatever it is that they expect to gain from it."
I disagree. I imagine that mid-terms will tell us what the rest of us think.
The midterms may well support your point of view but IMO that will represent those whom vote economics and know very little else.
You may well be right on that. If it's true, I'd be inclined to give them (or perhaps I should say "us") a pass on that. If I'm informed correctly, 50% of us are living paycheck to paycheck. I think that makes voting on economics, as experienced personally, very understandable.
Point well taken
The Federal Reserve Balance sheet has been expanding under Powell. This money goes to the banks and Wall Street and will continue. This will continue the "Inflate or Die" theme.
The bag holders drive up oil and shipping one day and Wall Street sells off their holdings after hours. Over and over again the big money is leaving on every rise. That's my guess as to why it up one day and down the next.
Another interesting read from Bill. To be sure those in the "know" are staying out of the stock market however, not many are in the "know" and will be financial hurt, there will be no escape.
So that part of the missive, while redundant, was nevertheless a warning that big losses are somewhere on the horizon so planning and protection are important. Yet Bill continues to denigrate the war effort and uses the legacy media to support his quagmire thesis. Does he not understand that Iran with nuclear weapons and the ballistic delivery system that can reach Europe and maybe the homeland, and the religious belief system which mandates that they use the weapons, is enough reason to support the war? But he never ever mentions it. Why?
You nailed it Tom.
I think it is obvious the stock market is weakening and Wall Street is pushing stocks onto the less knowledgeable. Same old corrupt game. Trump is fighting the cartels that are part of the corruption and a big part of the money behind the left but the left may not love their supporters but they have no choice but to support them politically or get destroyed as society realizes the connections. There isn't much enticing about a depression except the fight against corruption could increase. If we ever want an America that actually can move in a positive direction the corruption must be defeated moving back to a subdued lifestyle that is more realistic and with less debt. In my opinion society doesn't move forward without a hell of a lot of hard work and most of the noses to the grindstone and less spending what everyone doesn't have through credit. I'm betting we have reached the endpoint.
Curious - why does Israel have nuclear weapons? Israel doesn't need nuclear weapons. And why does the U.S. allow North Korea to have nuclear weapons? And, why Pakistan? But it is so horrific that Iran may have a nuclear weapon? So much BS
Bill has stated several times over the past few years, I think, that the average empire lasts about 250 years. However, the Roman empire withered away in decline for 300 years. What does that mean for the USA empire?
We should make like Krugman a planned alien invasian. That would get the economy rolling again. Anyone know where he lives.?