Now that Wall Street’s U.S. Chamber of Commerce has dropped their mask, we see decepticon Tom Donohue align with corrupt labor union leader Richard Trumka…
The New York Fed Is Exercising Powers Never Bestowed on It by Any Law…
Earlier this month President Trump advanced the view that during a national emergency the President has “total power.” The real power, however, is being exercised by the Federal Reserve Bank of New York (New York Fed) with not so much as one vote by any elected representatives of the citizens of the U.S. The speed […]
3rd Quarter U.S. GDP Growth Revised Upward, Durable Goods Orders Increase, New Home Sales Increase 31.6% Year-over-Year…
More signs the U.S. economy is very strong show up today as several key economic indicators defy prior economist predictions. Staring with a significant upward revision by the Bureau of Economic Analysis for the third quarter GDP growth from 1.9% to 2.1% – The revision to GDP reflected upward revisions to inventory investment, business investment, […]
Small Business ‘Optimism’ at Record High, Up 160 Percent…
A national economic optimism index of small business owners is at its highest level ever, up 162% since the final months of President Obama’s two terms. The Wells Fargo/Gallup Small Business Index is at +142 compared to +54 at the end of the Obama administration. “When owners are asked a broad question about their financial […]
Cambria CEO Marty Davis: “You cannot have free trade with a dictatorship that is harvesting the prosperity of an American Democracy”…
This is another one of the rare interviews where an American CEO calls out the specifics of how Wall Street greed created the China problem that pummeled Main Street. Cambria CEO Marty Davis discusses the root of the trade issues with China and President Trump’s efforts to address the problem. He accurately calls attention to […]
Multinational Business Roundtable Now Claims “Social Responsibility” More Important Than Profit…
CTH suspected this was going to happen. This was predictable if you have followed the fracture between Main Street (Trump) and Wall Street (multinationals). Remember, there are trillions at stake. This news today is part of the battle. Here’s the cut through the BS motive behind the multinational association of Business Roundtable CEO’s (these are […]
Nails It – Economic Analyst El-Erian: The Era of “De-Globalization” is Here…
Finally an economic analyst gets prime-time media pundits to listen as he describes the fundamental difference between the U.S. “Economy” (Main Street) and the U.S. “Markets” (Wall Street). Charles Payne understands most of this, but El-Erian has it nailed. Allianz Group chief economic advisor, Mohamed El-Erian, accurately describes what is happening in an era where […]
Economic Gaslighting: The Corporate Media Screeching Recession – the Battle Behind Wall Street-v-Main Street…
A “negative yield curve“; a pending “economic recession“. These are the obtuse and ridiculous proclamations of the Mainstream Corporate Media today. So let’s take a moment to discuss how stunningly -intentionally- disconnected they are. Always remember, there are trillions of dollars at stake; and these media entities have a vested interest in maintaining the Wall […]
Here Are Hillary Clinton’s Three Speeches To Goldman Sachs For Which She Was Paid $675,000…
As has been widely reported, in 2013 Hillary Clinton was paid $675,000 for three speeches to Goldman Sachs. One was delivered on June 4, 2013 at the 2013 IBD CEO Annual Conference at The Inn AT…