Bitcoin: I Don't Think It's Going To Work

I don't think it's going to work and people say well you just don't understand it. I think I do understand it, I think the reason that so many people are involved in it is because they don't understand it. Now, a lot of those people have made quite a bit of money by not understanding it because they bought it a long time ago and greater fools paid even higher prices and people can confuse that success with understanding.

Manufacturing Jobs Will Be Lost As A Result Of These Tariffs

Trump is right, the trade deficit is a problem but where Trump is wrong is thinking that these tariffs are going to solve the problem. They won't. They will make the problem worse. 

This is the irony of these tariffs. They will result in larger trade deficits not smaller trade deficits and that's even without any foreign retaliation meaning if China, if Europe, if our trading partners do nothing in response to these tariffs the result will be larger not smaller deficits. And manufacturing jobs, the very jobs that Trump is hoping to save, manufacturing jobs will be lost as a result of these tariffs.

The Beginning Of A Much Bigger Downturn

In February's big decline the Dow Jones Industrials Index (DJIA) dropped better than a thousand points on the month and we'll see if this is the beginning of a much bigger downturn. In fact it could easily be the beginning of a bear market.

Related trading instruments: 

• SPDR S&P 500 Index ETF (SPY)
• SPDR Dow Jones Industrial Average ETF (DIA)
• Nasdaq 100 Index ETF (QQQ)
• iShares Russell 2000 Index ETF (IWM)

How Much Longer Powell Can Pretend All Is Well?

A soaring budget and trade deficits, rising interest rates, higher inflation, a falling U.S. Dollar, protectionist tariffs, a looming trade war, and a slowing economy all portend lower corporate earnings and a bear market in stocks. Let's see how much longer Powell can pretend all is well.

Related trading instruments: 

• SPDR Dow Jones Industrial Average ETF (DIA)
• Nasdaq 100 Index ETF (QQQ)
• SPDR S&P 500 Index ETF (SPY)
• United States Steel Corporation (X)

The Dow's Record Breaking Monthly Winning Streak Has Come To An End

The Dow Jones Industrials Index (DJIA) was down 380 points today. In fact this is the second consecutive 300 point drop we've had in the Dow you know the Dow now is down about 4% for the month of February which just came to an end today and that also means the Dow's record-breaking monthly winning streak has also come to an end remember the Dow has been up every month since Donald Trump was elected president including every single month in calendar year 2017 that is something that has never happened in the history of the stock market.

Related trading instruments: 

• SPDR Dow Jones Industrial Average ETF (DIA)
• iShares Russell 2000 Index ETF (IWM)
• SPDR S&P 500 Index ETF (SPY)
• Nasdaq 100 Index ETF (QQQ)

Interest Rates Are Going a Lot Higher

Related trading instruments: 

• iShares Barclays 20+ Year Treasury Bond ETF (TLT)
• 10- year U.S. Treasuries, SPDR S&P 500 Index ETF (SPY)
• SPDR Dow Jones Industrial Average ETF (DIA)
• iShares Russell 2000 Index ETF (IWM)
• Nasdaq 100 Index ETF (QQQ)