February 2019

Korea Summit Fails, Trump Walks Away From Talks

by John Galt February 28, 2019 05:30 ET This morning the news is grim as the North Korea’s intransigence and desire to remain a permanent nuclear power resulted in the Hanoi summit breaking up and President Trump walking away from the negotiations with Kim Jong-Un. What this means is that instability and the threat of war will increase dramatically in the months ahead. Kim Jong-Un will view this collapse as an opportunity to tighten his ties with communist China and Iran to spread and enhance his nuclear weapons capability. Sadly, the…


Donald Trump Became a One Term President Today

By John Galt February 15, 2019 19:40 ET In less than one week, President Donald J. Trump went from being as Cool as Coolidge to as Wimpy as W. The blind “Trumptards” as I referred to them during the primary season will live in denial and follow their cult, along with the United States, into their own political grave. President Troover however, our current leader, took actions today which are those of a swamp creature, the very political elites of which he criticized for years and promised to eradicate. Yet his…


What to Expect from Tonight’s State of the Union

by John Galt February 5, 2019 20:40 ET Another year of drama, another State of the Union address to our nation by President Trump. What makes this one different? For one, I refuse to sponsor a drinking game tonight because I for one and intoxicated from all this winning. On the President’s slate tonight, expect the following: Bragging on the economy, and justifiably so.Bragging about ISIS being almost totally eliminated if one doesn’t count the ISIS embeds in France.Bragging about Gorsuch and Kavanaugh bringing “balance” to the SCOTUS.Bragging about his wife…


AAPLgeddon Approaches

by John GaltFebruary 3, 2019 22:30 ET The bad news from Apple earlier this month impacted the global markets hard since 6 p.m. Eastern Wednesday night on January 2nd of this year with everything from a flash crash in FX (USD/JPY): To the impact on futures which as of the following morning were down over 300 points on the DJIA. So why could one stock be the great harbinger that every bear has been hibernating on? A quick review of Apple’s history without five thousand words about how many central banks…


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