Storm Clouds Gather Over The Bull Market-Podcast 665

We don’t see the storm building over the markets. Distractions. Shiny things that draw the eye and ear. A war of words between a North Korean dictator and the president. Kneeling football players and the Tweeter In Chief. Meanwhile, the long expansion in the markets may be about to end. A heads up for you on how and why in Storm Clouds Gather Over The Bull Market-Podcast 665.

Watch The Shiny Thing

We don’t look beyond the distractions in the media to see what they conceal. No amount of pointing and saying ‘look’ is going to change it. We have not had a serious market or financial crisis since 2008. Our economy has been on life support ever since. Now the DNR order has been signed. Find out why in Storm Clouds Gather Over The Bull Market-Podcast 665.

Market Shocks Have Political Consequences

Remember 2008? The market crashed. The banking system was going to seize up, they said. A republican administration suddenly bailed out the banks, insurance companies and big car companies. The shock changed politics. A new administration came in, in 2009. New banking regulations, more government spending and a very large stimulus package was passed by congress.

Hey! What Happened To The Punch Bowl?

The Federal Reserve, bank of last resort, began a program called Quantitative Easing in 2009. Over the next eight years the FED added trillions of dollars to its balance sheet as it ‘injected’ money into the US economy. QE one, two three and four indirectly supported the stock market through the purchase of hundreds of billions of dollars worth of securities. What happens when they take that away?

Pay Attention

So this is a simple heads up that it might be time to start paying attention. While we’re talking about things that don’t matter they are doing things that do. That storm roiling to the west, might be rolling in anytime. In Storm Clouds Gather Over The Bull Market-Podcast 665.

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Storm Clouds Gather Over The Bull Market-Podcast 665

 

 

 

Market Goes Down Blame The Media-Podcast 631

Sudden scandal engulfs Washington. A one day market drop is blamed on media ‘persecution’ of the president. Is this possible? Can the media cause a drop in the markets? In Market Goes Down Blame The Media-Podcast 631.

Russia Was A Dead Issue. Then Trump fired Comey

Not too long ago we were talking about ACA repeal, Tax Reform and Foreign Policy. The only people talking about Russians and Trump were the former Democratic Presidential Candidate and the new chair of the Democratic National Committee. Then, Trump fired the FBI director. That put Russia and Putin back on the front burner.

Trump’s Twitter Feed and Political Mistakes

Now, we’re talking about the latest White House debacle. Not congressional progress on key economic issues. Seemingly, without warning, the market is down! It has to be the media’s fault! Right? We’ll talk about it in Market Goes Down Blame The Media-Podcast 631.

Why Invest?

Investors put their money in markets in the hopes of taking advantage of future growth. With the election of a business man as president, some investors were willing to bet on the future. Health Insurance and Tax Reform. A stronger US Foreign Policy. Less regulation. Progress on the kinds of economic legislation that seeds growth. Or at least that’s the story.

Things Aren’t Getting Better

Truth is, the US economy has been holding in place for nearly ten years. While the markets have been fueled by central banks buying securities and low interest rates, main street has been struggling. The business man president who was supposed to fix main street has done nothing but make speeches, sign executive orders and complain about the media coverage he’s getting. Meanwhile, 1st quarter US Growth was a mind-blowing .7 percent.

The US President Is Not A King

Fact is, the US Presidency is not a dictatorship. US presidents are answerable to congress, the courts and the law, not to mention state and local governments. The presidency itself is mainly a political office. To be effective and memorable, a president’s agenda has to be backed up with legislation. That means the president has to work with congress to get it done.

Rhetoric Doesn’t Work

President Trump has a lot of ideas. He talks about them all the time. Talk is cheap. There’s no action on Tax Reform, ACA Repeal, the Budget, Regulation Reform and trade. Why? Not because of the media. We have a president who likes to talk. He doesn’t like to lead congress to take action. In Market Goes Down Blame The Media-Podcast 631.

Republicans Don’t Want To Talk About Politics Anymore

In January most republicans were on top of all the latest developments in Washington and their new president. They were especially prickly about criticism of Trump. Suddenly they have other things to do. Don’t want to talk about politics. Given the obvious missteps by the president it’s easy to forgive the desire to blame the media for all that is wrong. This time though, the blame lies directly at the president’s door.

Money Talks…Bullshit Walks

Traders want action. Not talk. Investors don’t make decisions on today’s news stories or rhetoric from the president. They’re looking out into the future and investing in future growth. The top political leader in the United States is President Trump. He sits astride a republican White House, Senate and House. Yet, he hasn’t been able to get anything done. Maybe that’s why the markets are down.

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Market Goes Down Blame The Media-Podcast 631