Exclusive KE Report Commentary – Mon 2 Dec, 2019

Global economic data is declining but does that mean next year will be like 2008?

Anthony Saccaro, President of Providence Financial joins me to share his thoughts on the stability of the equity market around the world. With economic data continuing to decline it’s reasonable to think a recession is around the corner but there are a number of other factors that could hold the markets up. We dive into these other factors that have helped support the markets new all time high values and just how sustainable they are.


Comments:
  1. On December 2, 2019 at 12:26 pm,
    Robert Moriarty says:

    CFS:

    I can’t think of any other big names in involved in the Trump impeachment circus who are not on this list. Now given that Trump is a sock puppet owned and operated on part of Sheldon Adelson this coup in progress doesn’t make logical sense but we know who is behind it.

    Congressman Brad Sherman, Jewish
    Tom Steyer, Jewish
    Congressman Steve Cohen, Jewish
    Congressman Elliot Engel, Jewish
    Congresswoman Nita Lowey, Jewish
    Congresswoman Elaine Luria, Jewish
    Congressman Adam Schiff, Jewish
    Lt. Col. Alexander Vindman, Jewish
    Ambassador Marie Yovanovitch, Jewish
    Ukraine President Volodymyr Zelensky, Jewish
    Ambassador Gordon Sondland, Jewish
    Congressman Jerry Nadler, Jewish
    Attorney Daniel Sachs Goldman, Jewish
    George Soros, Jewish
    Dr. Fiona Hill, Jewish
    Congresswoman Elissa Slotkin, Jewish
    Former Deputy National Security Advisor Charles Kupperman, Jewish
    National Security Advisor John Bolton, Jewish

    If this isn’t a Jewish coup, what is it?

    • On December 2, 2019 at 1:11 pm,
      paul says:

      And also Dr. Wes Rutheimer, Jewish

    • On December 2, 2019 at 2:59 pm,
      cfs says:

      It is a Democrat coup.
      Just because many liberal Jews are Democrats does not mean it is a “Jewish” coup.
      It just means that many liberal Jews are money-grubbing corrupt politicians. They are driven by Jewish love of money that they are politicians, not because Jews, in general wish to destroy Trump. The Democrat coup started as a desire for power by disrupting normal progress towards the next election, by smearing Trump. It may work if the coup distraction destroys the economy. It all depends on who is blamed by the public for the economic destruction.
      Media will blame Trump. But will the general public ? I don’t know.

      Is Trump to blame if the economy falls ? Probably not. He has done much more to extend growth in the current cycle, which is the longest in the last century, but all economic cycles do end, notwithstanding MMT which supposedly can stop cyclicality.

  2. On December 2, 2019 at 1:04 pm,
    b says:

    Geez Bob, isnt it illegal to say anything about Jews?

    Especially about who runs the states.

  3. On December 2, 2019 at 1:09 pm,
    b says:

    Just a quick google, Im surprised google left this available.

    Corporate U.S. Senators and U.S. Representatives that are Israel Dual Citizens

    Here is a list of US politicians who have dual US/Israeli citizenship. Note the head banking and policy advising positions.

    OBAMA ADMINISTRATION

    Jack Lew – Chief of Staff to the President; Treasury Secretary

    David Plouffe – Senior Advisor to the President

    Danielle Borrin – Associate Director, Office of Public Engagement; Special Assistant to the Vice President

    Gary Gensler – Chairman of the Commodity Futures Trading Commission

    Dan Shapiro – Ambassador to Israel

    Gene Sperling – Director National Economic Council

    Mary Schapiro – Chairwoman of the Securities and Exchange Commission

    Steven Simon – Head of Middle East/North Africa Desk at the National Security Council

    Eric Lynn – Middle East Policy Advisor

    PAST OBAMA ADMINISTRATION

    Rahm Emanuel (2009-2010) Chief of Staff to the President

    David Axelrod (2009-2011) Senior Advisor to the President

    Elena Kagan (2009-2010) Solicitor General of the United States

    Peter Orszag (2009-2010) Director of the Office of Management and Budget

    Lawrence Summers (’09-’11) Director National Economic Council

    Mona Sutphen (2009-2011) Deputy White House Chief of Staff

    James B. Steinberg (’09-’11 ) Deputy Secretary of State

    Dennis Ross (2009-2011 ) Special Assistant to the President, Senior Director for the Central Region to the Secretary of State

    Ronald Klain (2009-2011) Chief of Staff to the Vice President

    Jared Bernstein (2009-2011) Chief Economist and Economic Policy Advisor to the Vice President

    Susan Sher (2009-2011) Chief of Staff to the First Lady

    Lee Feinstein (2009) Campaign Foreign Policy Advisor

    Mara Rudman (2009) Foreign Policy Advisor Sources: White House

    112 CONGRESS (current)

    THE US SENATE [13]

    Richard Blumenthal (D-CT) Barbara Boxer (D-CA) Benjamin Cardin (D-MD) Dianne Feinstein (D-CA) Al Franken (D-MN) Herb Kohl (D-WI) Frank Lautenberg (D-NJ) Joseph Lieberman (Independent-CT) Carl Levin (D-MI) Bernie Sanders (Independent-VT) Charles Schumer (D-NY) Ron Wyden (D-OR) Michael Bennet (D-CO)

    HOUSE OF REPRESENTATIVES [27]

    Gary Ackerman (D-NY) Shelley Berkley (D-NV) Howard Berman (D-CA) Eric Cantor (R-VA) David Cicilline (D-RI) Stephen Cohen (D-TN) Susan Davis (D-CA) Ted Deutch (D-FL) Eliot Engel (D-NY) Bob Filner (D-CA) Barney Frank (D-MA) Gabrielle Giffords (D-AZ) Jane Harman (D-CA) Steve Israel (D-NY) Sander Levin (D-MI) Nita Lowey (D-NY) Jerrold Nadler (D-NY) Jared Polis (D-CO) Steve Rothman (D-NJ) Jan Schakowsky (D-IL) Allyson Schwartz (D-PA) Adam Schiff (D-CA) Brad Sherman (D-CA) Debbie Wasserman Schultz (D-FL) Henry Waxman (D-CA) Anthony Weiner (D-NY) John Yarmuth (D-KY)

    And that’s just the democrats! I’m sure the republicans are just as bad if not worse, but it seems harder to find information on. Here’s another list: US Politicians Who Hold Dual US/Israeli Citizenship – American Freedom Party

  4. On December 2, 2019 at 1:11 pm,
    b says:

    Anyone that wants the info can find it, easier to ignore it tho. 😉

  5. On December 2, 2019 at 3:28 pm,
    cfs says:

    I copied the same search, but included more:

    “Why do so many US politicians have dual US/Israeli citizenship?
    At least 13/100 Senators, at least 27/435 House Reps, and many of The Presidents’s cabinet.
    Here is a list of US politicians who have dual US/Israeli citizenship. Note the head banking and policy advising positions.

    OBAMA ADMINISTRATION

    Jack Lew – Chief of Staff to the President; Treasury Secretary

    David Plouffe – Senior Advisor to the President

    Danielle Borrin – Associate Director, Office of Public Engagement; Special Assistant to the Vice President

    Gary Gensler – Chairman of the Commodity Futures Trading Commission

    Dan Shapiro – Ambassador to Israel

    Gene Sperling – Director National Economic Council

    Mary Schapiro – Chairwoman of the Securities and Exchange Commission

    Steven Simon – Head of Middle East/North Africa Desk at the National Security Council

    Eric Lynn – Middle East Policy Advisor

    PAST OBAMA ADMINISTRATION

    Rahm Emanuel (2009-2010) Chief of Staff to the President

    David Axelrod (2009-2011) Senior Advisor to the President

    Elena Kagan (2009-2010) Solicitor General of the United States

    Peter Orszag (2009-2010) Director of the Office of Management and Budget

    Lawrence Summers (’09-’11) Director National Economic Council

    Mona Sutphen (2009-2011) Deputy White House Chief of Staff

    James B. Steinberg (’09-’11 ) Deputy Secretary of State

    Dennis Ross (2009-2011 ) Special Assistant to the President, Senior Director for the Central Region to the Secretary of State

    Ronald Klain (2009-2011) Chief of Staff to the Vice President

    Jared Bernstein (2009-2011) Chief Economist and Economic Policy Advisor to the Vice President

    Susan Sher (2009-2011) Chief of Staff to the First Lady

    Lee Feinstein (2009) Campaign Foreign Policy Advisor

    Mara Rudman (2009) Foreign Policy Advisor Sources: White House

    112 CONGRESS (current)

    THE US SENATE [13]

    Richard Blumenthal (D-CT) Barbara Boxer (D-CA) Benjamin Cardin (D-MD) Dianne Feinstein (D-CA) Al Franken (D-MN) Herb Kohl (D-WI) Frank Lautenberg (D-NJ) Joseph Lieberman (Independent-CT) Carl Levin (D-MI) Bernie Sanders (Independent-VT) Charles Schumer (D-NY) Ron Wyden (D-OR) Michael Bennet (D-CO)

    HOUSE OF REPRESENTATIVES [27]

    Gary Ackerman (D-NY) Shelley Berkley (D-NV) Howard Berman (D-CA) Eric Cantor (R-VA) David Cicilline (D-RI) Stephen Cohen (D-TN) Susan Davis (D-CA) Ted Deutch (D-FL) Eliot Engel (D-NY) Bob Filner (D-CA) Barney Frank (D-MA) Gabrielle Giffords (D-AZ) Jane Harman (D-CA) Steve Israel (D-NY) Sander Levin (D-MI) Nita Lowey (D-NY) Jerrold Nadler (D-NY) Jared Polis (D-CO) Steve Rothman (D-NJ) Jan Schakowsky (D-IL) Allyson Schwartz (D-PA) Adam Schiff (D-CA) Brad Sherman (D-CA) Debbie Wasserman Schultz (D-FL) Henry Waxman (D-CA) Anthony Weiner (D-NY) John Yarmuth (D-KY)”

    I don’t know the percentage of US citizens eligible, in general, to hold dual citizenship.

    With the large numbers involved in immigration, I would guess that about 25% of U.S. citizens, born in the U.S. could acquire a second passport and thus citizenship of a foreign country) via the birth origin of their parents.
    I do know the equivalent number for Australia is actually 49%, because the
    Australian census actually asks about birth country of parents, whereas the U.S. does not.
    U.S. citizens can also acquire a second passport by either changing residency or by purchase (e.g. Dominica and some other Caribbean islands.)

    • On December 3, 2019 at 2:29 pm,
      paul says:

      And do not forget Dr. Wes Rutheimer – Sex Therapist to Donald Trump.

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