Economy

Monitoring how Beijing is managing China's slowdown, and whether it will be able to rebalance its growth, are highly important as weakness in China will weigh on U.S. stocks. Given the ongoing structural reforms, government policies and global economic conditions, certain sectors within China have surfaced as winners while some are surprisingly becoming losers, which provide long-term investing opportunities. This article identifies the sectors that are winning, losing and remaining neutral.

Economic expert and best-selling author, David Stockman, offers a dire view of the deep financial trouble America faces in his new book titled “Trumped!” in which he is quoted as saying "The rubes are revolting, and they are revolting because they can see the system is rigged. These people are fed up, and they have had enough, and I think this is where Trump is coming from. I think we are at an inflection point where someone is finally challenging the Wall Street/Washington elites. Trump is kind of a wild man in some ways, but he hasn’t spent the last 30 years in Washington drinking the Kool-Aid."

Donald Trump is promising change, and many of his proposals sound good (and, yes, there are also some areas to be concerned about), but Trump's plan stops well short of the fundamental overhaul of our economic and financial systems that is required. That being said, what he is proposing is vastly superior to Hillary Clinton’s plan so he should definitely be applauded for at least moving in the right direction. Below are some of his economic proposals "to save the U.S. economy."

It’s no longer a question of when the peso will breach the once unheard-of level of 20 to the dollar. It’s when.

The deterioration of the federal budget began in slow fashion over a year ago, and it's now become obvious. The deficit is still quite manageable but spending is firming while revenues are stagnating. The public sector is growing while the private sector struggles. Here are some updated charts that speak for themselves:

When numbers get into the billions or trillions, they start to lose context. The U.S. national debt is one of those numbers. It currently sits at $19.5 trillion, which is actually such a large number that it is truly difficult for the average person to comprehend so today’s data visualization plots the U.S. national debt against everything from the assets managed by the world’s largest money managers, to the annual value of gold production.

Trying to gauge where the economy is headed is almost always a waste of time. Instead, focus on the emotion and trend (price action); the trend is always your friend.

We're hurdling toward a massive financial crisis, and all we have to show for it are financial asset bubbles destined to burst, and when they do, they'll wipe out the artificial wealth they've created for many decades in just a few years, as they did from late 1929 into late 1932!

I believe it is too late to reverse the tidal wave of our financial system’s failure that has been brewing for three decades now. As such, in the next few weeks, an election event will take place that I believe could trigger major volatility ending in a market crash - a speculator implosion.

There is a strong belief that independent measures of inflation are false and not trustworthy. I address this issue and show how the rate of inflation is measured today, the historical background of it, and compare different methods to find out which one is closer to the truth.