TRUMP SEEKS $54B INCREASE TO DEFENSE SPENDING “This budget will be a public safety and national security budget”. The boost to defense spending is expected to be about 10%, or some $54 billion (annual budget is $600B), and will be revenue neutral, offset by cuts in non-defense areas. Included is more money for shipbuilding, military […]
THE RATIO OF EQUITY TO BOND RETURNS APPROACHING A 29 YEAR HIGH
S&P 500: 50 days without a 1% swing – 14 days without a single loss? The S&P 500 has now gone a stunning 50 days without a 1% swing… The S&P 500 Tech Sector has gone a record 14 days without a single loss…
THESIS 2017: THERE’S NOT NEARLY ENOUGH GROWTH TO KEEP GROWING Both our Energy Systems and our Financial Systems are examples of what happens when (what we should perhaps call the rate of ‘productivity’ rather than growth) falls below a critical mass – it becomes impossible to maintain, even keep alive, a society as complex as […]
A TIGHTER YEN – GOLD CORRELATION HAS EMERGED This became an increasingly tighter correlation after the ECB, BOJ & BOE Began Injecting $200B/Mo. With the “Trump Rally” it has become an “Extreme Correlation”!
