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Bill and I talk one on one for approximately one hour weekly to review all markets of interest on JSMineset Premium. Not only is he the top intellect of the most complex economic theory, but he is a master trader who never fights with the market. As a nation, we have a tendency to sentimentalize cultural icons in death in a way that renders them non-threatening, antiseptic and easily digested by a society with an acute intolerance for anything controversial, politically incorrect or marred by imperfection. This revisionist history—a silent censorship of sorts—has proven to be a far more effective means of neutralizing radicals such as Martin Luther King Jr. It is now painfully obvious that Ben Bernanke blew it big-time by not raising rates three years ago when the economy and markets enjoyed tailwinds. Ben Bernanke is not the savior who rescued the global economy; he is the clueless fool who plunged a poisoned knife in its back. Whatever is going on in the daily stock market, you can’t call it “price discovery” or even remotely rational. In fact, it amounts to grinding in harms’ way, and measures the degree to which the Fed and other central banks have turned the Wall Street casino into a giant litter of sick puppies who are bent on rolling the dice until they self-destruct. Even MarketWatch has noted that the S&P 500 has climbed above 2100 on more than 30 occasions during the last 18 months, but has retreated each and every time. Hillary Clinton’s New York primary victory speech in April focused on topics including income inequality, job creation and helping people secure their retirement.
Trump … said he thinks the jobless rate is close to 20 percent and not the roughly 5 percent reported by the Labor Department. The jobless numbers are actually part of a much larger mainstream “conspiracy” (as Trump would put it) that goes the heart of the way economies work in 21st century America.
There are something like 100 million Americans not working, including older people and young people. These people are not counted in the “jobless” figures though in fact they may want to work. The Federal Reserve is still on track to raise US interest rates this year, the central bank’s chair hinted on Monday, despite “disappointing” recent data.


Janet Yellen said that “positive economic forces have outweighed the negative”, signalling that the Fed would have to increases interest rates before the year was out.
The Fed chair admitted that the monthly US jobs report, published on Friday had been “disappointing”. A mixed session out of Asia saw the Nikkei and Shanghai small lower whilst the Hang Seng managed a 0.4% rally. European equities failed to move that much today, ahead of Janet Yellen’s speech, with the exception being FTSE. In the UK as elsewhere, the political elites may have underestimated the strength of the trend change in social mood across Europe. To be sure, such polls can easily turn out to be wrong – especially as the percentage of undecided voters is still fairly large.
A huge global trade war is on the horizon, regardless of whether Hillary or Trump wins the election.
Indianapolis -- There isn't going to be much change on the Packers' roster this off-season, especially on offense. Many a-list celebs have tones of fame but their fortunes are small potatoes compared to these folks, the billionaires. The story of millionaire Simon Cowell, who dropped out of school at 15, worked for Sony BMG and EMI Music. Our roundtable guests talk about their roles as agents and being acknowledged by their clients. The world knows Valeria Lukyanova as the girl who turned herself into a real-life Barbie doll. Yra as you might know was my floor partner in Chicago during those great years of the first bull market in gold. The former Federal Reserve chairperson, who has claimed the mantle of savior of the global economy, foolishly kept rates at zero until tailwinds turned to headwinds, at which point he handed Janet Yellen the unenviable task of raising rates as the headwinds are strengthening.
After weathering the spot of bother in Euroland in 2011-2012, the global economy had multiple tailwinds in 2013–tailwinds that enabled Bernanke and the Fed to raise rates in a series of measured steps.


As first lady, Clinton wore frumpy pastel “skirtsuits.” As New York senator and secretary of state, she attempted a more serious look, wearing pantsuits in a rainbow of colors — so mocked that they sparked memes.
And, of course, Crudele reported, anyone who buys the 5 percent figure is a “dummy,” according to Trump. She added that she expected “the economic expansion to continue, with the labour market improving further and GDP growing moderately”. May’s hiring figures were far weaker than had been expected by both policymakers and City analysts, with just 38,000 jobs added in the month.
The most recent “You-Gov” and ICM pools show a widening lead in favor of a UK exit from the EU as the day of the vote comes closer. But , there is a reasonable chance Green Bay loses its all-time receiving leader, Donald Driver. Yra is, in my opinion, the only person in this business today that I believe is the equal of Bert Seligman, Jesse Livermore, or the modern master of the universe, Paul Volcker.
So much so that I believe he is the most capable person to conservatively run a central bank for the benefit of society rather than in league with the Brothers for their profit and society’s financial demise. In comparison to Michelle Obama, who’s become known as a style icon during her time in the White House and appeared on the cover of Vogue twice, Clinton has never been able to nail down a personal aesthetic that works for her. This, in a nutshell, is typical of the usual economic conspiracy theories we have discussed in the past. However, the big news overnight was about the shift in the upcoming BREXIT vote and the swing towards a possible vote to leave the EU. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, OR FUTURES.
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