So trading the first year of the Trump presidency tends to boil down to this: Do you think Trump can perform the miracle he's promising...? If so, then invest away! If not, then you might have another year or two left before the chickens that were hatched by the Fed in 2008 start coming home to roost.
...don't worry, everyone, the wizards of Wall Street are currently positioning themselves for one last melt-up before the whole thing goes down, so there may yet be time to squeeze another few meaningless points out of this stock market rally.
Bitcoin exchanges will continue under increasingly burdensome regulatory restrictions, but setting up accounts and transacting with others via exchanges will eventually be more time-consuming and annoying than setting up a bank account.
Every single time the so-called would-be elite put themselves in a position to interact with the public, the public tears them apart. This is why the powers-that-shouldn't-be are scared to death of a fair fight on an even playing field. They lose every time.
...no one of these stories is a silver bullet, but they're all related and point in the same direction: China and Russia are preparing for the split with US-dominated financial architecture.
With so much counter party exposure, with trails no one could ever follow, now you can understand why Central banks keep this market up at any cost.
Think of Big Data as a malevolent technocratic Santa Claus: it sees you when you're sleeping, it knows when you're awake, it knows if you've been bad or good (even in advance!), so be good for goodness sake!
My point is this folks. Predicting the future with any accuracy is a tough game even when you have rock solid, 100% true current information. Trying to do it while being lied to on just about every topic imaginable is a recipe for defeat.
When does that stop? How does it stop? Does it have to stop? Logic says yes it will indeed end. But I’ll be damned if I know just how. We have already seen so many impossible things, that I can’t wait to see the next one. Get your popcorn and watch the show.
...do the powers that be “want” the market to go to 50K? What would be the point of that? few that I can really see. Sure, it will make the top 5% a whole lot of money, but for the tens of millions that don’t have any way to own stocks…it won’t do a thing for them.
... why listen to the nattering nabobs of negativity out in the blogosphere with their endless litany of facts and details when we have the pronouncements of the Oracle in Washington herself to base our judgement on?
And just to add extra salt to the wounds of those who are fighting for $15, those corporate mega-chains are increasingly turning to a 21st-century option for ridding themselves of the low-wage worker problem once-and-for-all: automation.