If you want Donald Trump to win the election, then you should be rooting for a stock market crash between now and November. As you will see below, if stocks go up during the last three months before an election, the incumbent party almost always keeps the White House. But if stocks go down during the last three months before an election, the incumbent party almost always loses. Earlier today, Trump warned Americans to get out of the stock market, and if his warning turns out to be correct it will likely benefit him politically as well. When the general population believes that things are going well, Americans tend to stick with current leadership, but when the general population believes that we have hit rocky times they are usually ready for a change. (Read More...)
Stock Market Crash 2016
A Run On The Banks Begins In Italy As Italian Banking Stocks Collapse
The Italian financial meltdown that we have been waiting for has finally arrived. For quite a long time I have been warning my readers to watch Italy, and now people are starting to understand why. Italian banking stocks continued their collapse for a fifth consecutive day on Wednesday, and nervous Italians are beginning to quietly pull large amounts of money out of the banks. In particular, Monte dei Paschi is a complete and utter basket case at this point. A staggering one-third of their loans are “non-performing”, and the stock price has fallen a staggering 57 percent since 2016 began. Monte dei Paschi is going to need a major bailout, and the same thing could be said about almost all of the largest Italian banks. But where is the money going to come from? (Read More...)
2016: A Year For Living With No Fear
2016 is just a few days old, and already there has been a tremendous amount of shaking. Stock markets all over the world are crashing, a huge earthquake just hit India, the middle portion of the United States is dealing with record flooding, Islamic terror continues to spread in the Middle East and elsewhere, and Saudi Arabia has suddenly cut off relations with Iran. Our world is becoming increasingly unstable, and I believe that this is just the beginning. In fact, I am fully convinced that 2016 is going to be an incredibly chaotic year. (Read More...)