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Tag Archives: Election

The election is here and this is my market outlook.

 Yesterday in my MMT Trader report I said that the October market correction was over and we'd see an election rally and a sizable surge in bullish sentiment.Separately, fiscal support remains too strong to be bearish on the economy and stock market right now, but there's more to it.Starting from the market bottom in late March through the rise to new highs in the averages, sentiment remained bearish. I couldn't fathom why. However, in the last few weeks as Biden surged in the polls and talk...

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Why Post Election stealing by Trump is highly unlikely

I stumbled across this article at Electoral-Vote .com.  They have a chart showing the control of the Secretary of States, Legislatures and Executive offices.   They combine that with the current polling in each state and electoral votes.  Their conclusion, more than hell would have to freeze over for Trump and the Atlantic’s article warning of a post election electoral steal to happen. We have addressed many of the concerns that Davis and Gellman raise,...

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Greenspan promoting “Entitlement” cuts as the necessary solution to the economy. 25% worth!

From an interview on NPR’s Here and Now comes: “The official actuaries of the Social Security system say in order to get our Social Security and retirement funds in balance, they’d have to cut benefits by 25 percent indefinitely into the future,” he says. “Do I think it’s going to happen? Well I don’t know, but this is one of the reasons why inflation is the major problem out there. So long as you don’t do it, you’re going to cause the debt overall — the...

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Italian Election–Two Months and Counting

By Marc Chandler (originally published at Marc to Market) Germany does not have a government, though the election was more than three months ago.  Spain, Portugal, and Ireland have minority government.  Austria is the first government since the financial crisis to include the populist right.  The EU is trying to press Visegrad group of central European countries to conform to the values of...

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The Rust Belt and the Election

It's Manufacturing Stupid! There will be a lot to say about the election from all kinds of pundits. On the left, many will blame the coverage of emailgate, Comey, the FBI, third party candidates, Bernie and Bernie bros, racism, xenophobia, misogyny, the electoral college and God knows what else. And certainly all of these things did play a role. But it was minor. The election was lost in the old Rust Belt, the decadent manufacturing center that has been hit hard by trade deals (as...

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If the National Front wins big in the upcoming French Elections …

... will this, admittedly amongst other issues, have a great deal to do with it?The situation in Calais is extraordinary: it is now being described as a “war zone.”This is the European Union today: its policies have caused a breakdown in law and order so bad that many ordinary working people driving trucks between England and France can’t do their jobs properly and fear for their lives.The documentary below illustrates this, although it fails to ask the tough question: how many are just...

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A Return to Fundamentals?

In-depth analysis on Credit Writedowns Pro. The Absolute Return Letter, July 2015 “In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” Mark Zuckerberg Greece on the brink A Greek, an Irishman and a Portuguese walk into a bar and order a drink. Who picks up the tab? A German . . . Months (years!) of upheaval in Greece have taught me one important lesson. Don’t take anything for granted in politics. The referendum scheduled for...

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