Everyone knew the second quarter of 2020 was going to be a disaster, and it was. The U.S. economy fell by 31.4% (annualized) in the second quarter. But, the expectation was that we’d have a V-shaped recovery with a sharp bounce-back in the third quarter, a reopening...
Remember all those “green shoots?” That was the ubiquitous phrase used by White House officials and TV talking heads in 2009 to describe how the U.S. economy was coming back to life after the 2008 global financial crisis. The problem was we did not get green shoots;...
IN an ideal world, markets and politics would be separate. But we don’t live in an ideal world, and the outcome of the upcoming election could have large ramifications for markets. The stock market has done extremely well under Trump, so a Trump victory would...
At some point, systems flip from being complicated, which is a challenge to manage, to being complex. Complexity is more than a challenge because it opens the door to all kinds of unexpected crashes and events. Their behavior cannot be reduced to their component...
The World Health Organization declared the coronavirus a pandemic today. The virus has now spread to over 100 countries and infected well over 100,000 people. After Monday’s 2,000-point collapse of the Dow and yesterday’s 1,100-point gain, stocks broke down again...
The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians
DOWNLOAD SAUDIS GIVE BIDEN THE FINGER: END OF DOLLAR NOW!
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