Minimize

Welcome!

What’s With All The Wishful Thinking In The Markets Today?

Cory
July 9, 2018

With US markets, metals, and the dollar all up today Chris and I discuss some reasons why this is happening.

Click download link to listen on this device: Download Show

Click here to visit Chris’s site for more market and economic commentary.

Discussion
19 Comments
    CFS
    Jul 09, 2018 09:00 AM

    When the trade imbalance is so large, Trump is almost in a no-lose situation……..The trade imbalance CANNOT get worse, trading partners do NOT want reduced trade by virtue of higher tariffs which will show as high inflation to its citizens.
    So expect a lot of huffing and puffing, but as long as Trump holds strong, the other countries will concede towards equalizing tariffs.

    Jul 09, 2018 09:09 AM

    I wouldn’t call it wishful thinking when the short term technical picture can explain the rise.
    Long bull markets don’t die quickly or without pulling in all the dumb money they can.

    Saturday:
    On July 7, 2018 at 10:57 am,
    Matthew says:
    Conventional stocks are ready to rise…

    http://schrts.co/Ypt7Aa

    CFS
    Jul 09, 2018 09:53 AM

    The US has untapped resources. e.g.
    http://www.silverbearcafe.com/private/heist.html

    CFS
    Jul 09, 2018 09:59 AM

    And you think Buffett and corrupt politicians are not connected?
    Hint: Santa Fe…..
    http://www.nydailynews.com/news/money/big-bet-warren-buffett-berkshire-hathaway-buys-northern-santa-fe-corp-26b-article-1.413850

    CFS
    Jul 09, 2018 09:47 PM

    Off Topic:

    Mueller says Manafort will not be questioned further about Russian collusion!

    Then there’s…
    https://youtu.be/_6OvndXKxrE?t=59

    Manafort, waiting for trial, is being held 23 hours a day in solitary confinement, with limited attorney access and no visiters?

    Jul 09, 2018 09:15 PM

    We are headed into a 1930,s style deflationary depression. The Chinese have devalued their currency. Too many unproductive segments of our economy.

    Jul 09, 2018 09:30 PM

    My humble opinion Markets are DEAD ! Computers in control !

    CFS
    Jul 09, 2018 09:08 PM

    So Pres. Trump nominated Brent Cavanaugh for SCOTUS.
    That is interesting.

      Jul 09, 2018 09:33 PM

      He’s restocking the swamp. No surprise there.

        Jul 09, 2018 09:46 PM

        Ah, come on Matthew. Cavy is a Bush/Cheney man. What could possibly go wrong? L)

        Jul 09, 2018 09:47 PM

        …Kavanaugh “acknowledged that the Affordable Care Act’s ‘individual mandate provision’ could fit ‘comfortably within Congress’ Taxing Clause power.”

        Yup, DemoRat or RepuBlowCon…makes no never mind who appoints and approves these thugs in black robes…they are all just different wings of the same evil bird of prey and we peons get screwed over again.

    CFS
    Jul 09, 2018 09:12 PM

    Sorry for the typo…Brett not Brent

    https://en.wikipedia.org/wiki/Brett_Kavanaugh

    Jul 09, 2018 09:36 PM

    Elizabeth Warren says: look into my eyes. I will rule you like the true hypocrite that I am–