The feature pages of Tuesday’s Wall Street Journal offered the usual jumble of economic contradictions. We read on Page One that losses for credit-card issuers are increasing, reversing a six-year trend. This, the Journal notes dryly, could be “a warning sign for markets and the broader economy.” Elsewhere in the newspaper, however, we read that business at Boeing has been gangbusters, including deals that will eventually total $290 billion with Indian airlines over the next 20 years. On the same page, another story purports to explain why oil prices recently settled, albeit briefly, above $50 a barrel. But wait: A glut of retail space in the grocery sector threatens to trigger a massive wave of store closures across the country. Which story best reflects the true state of the economy? Take your pick.
Which story reflects the REAL economy? Take your pick…
- August 2, 2017, 5:52 am
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August 1, 2017, 11:41 pm
As the United States continues to drift towards a bizarre combination of Feudalism, Fascism, and Stalinism Lite, it is no wonder we are all confused!
On the one hand we have our economy increasingly being controlled and looted by the SSMs.
State Sanctioned Monopolies!
Amazon, Walmart, Microsoft, you know the names and the players.On the other hand we have 22 million Government workers, and tens of millions of citizens and corporations on some level of The Dole.
That leaves anyone on their own in the Private Sector slowly being Purged by Stalinism Lite!
The markets are just reflecting the increasing concentration of wealth in the SSMs.
Wow!
Dr. Zhivago meets The Wolf of Wall Street meets The Grapes of Wrath!
Double Wow!
All media is own by a handful of persons in the recent 2 decades (about 400 outlets), its not the reported news to question but the ‘timing’ of it.
It is suggested that recently Trumps many stock market tweets are putting him into a strange position as accepting the current levels in pricing. Many see this as a negative towards him if something was to take place to the downside.
Just maybe ‘its a cover’ towards the ‘timing’ of such an event, in that all is working towards market pricing with him leading the game. Suggesting further that anything that runs this off course will be the blame and not he.
The DXY suggest ‘investment flow has exit the U.S.A.’ that its pricing is not leading to what is suggested below.
Again notice the timing:
TRUMP PENCE WEEKLY NEWSLETTER
7.30.17
AMERICA IS BACK
Have you seen the markets lately? Company after company is announcing record investments in America by the billions of dollars and thousands of American jobs. Foxconn––a world leader in manufacturing for computers, communications, and consumer electronics – announced this week plans to build a state-of-the-art manufacturing facility for the production of LCD panel products in Wisconsin. This week’s announcement is just the latest vote of confidence in President Trump and his economic agenda. Under President Trump, America is back!
BA (Boeing) single stock has accounted for 206 of the Dow’s 291 point gain over the past week.
Hindenburg Omen has created a record having an 8th signal in the past 30 days.
DXY count now lies under its 90 year low point of 70.800 level in the 2008 year, that number is 57.100 as a major low point.
Along with a .76% prime rate count low point as we have CRB/10-Year Price = 176.28/100.34 = 1.76 a (very old indicator).
Over 4.40 = Hyperinflation
Between 3.60 and 4.40 = Inflation
Between 3.00 and 3.60 = Neutral;
Between 2.9 and 3.00 = Disinflation
Under 2.90 = Deflation
Great American Eclipse, as it will be visible in certain states, starting in Oregon and moving slightly diagonally east, ending in South Carolina. The last time we had an eclipse that was visible only in the United Sates was June 8, 1918.
Have a great day Rick.