2nd Quarter 2019 Wrap Up – Equity Overview & Rambus Chartology: July 18, 2019
"Gold is making money, bitcoin is making money, stocks are making money, bonds are making money…. I’d rather own gold than bitcoin." ~ Jeffrey Gundlach on 2019 YTD financial market performance
By Catherine Austin Fitts
This week I present the 2nd Quarter 2019 Equity Overview with charting from Rambus Chartology. Check out the 2nd Quarter 2019 Wrap Up web presentation here for the quarterly financial charts and Rambus Chartology when posted on Thursday.
The U.S. equity market continues to outperform global equity markets. Here is a comparison of the NASDAQ and S&P with European and Chinese equity ETFs since 2009.
It is clear from comments by President Trump and members of his administration that the U.S. stock market is an essential performance indicator. Their target appears to be to raise the Dow above 30,000. I want to discuss what this means in terms of practical policies—from FASAB 56 to lower Fed interest rates to federal deregulation, privatization efforts, and the push to index capital gains taxes for inflation. I also want to review the obstacles—including increased chances of recession, explosive U.S. sovereign debt, the decline of the unipolar model, and the challenges of the U.S.-China trade war. And, oh yes, the effort to start World War III.
Subscribers can e-mail or post questions and story suggestions for Money & Markets for this week here.
See post here.
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Upcoming Reports
July 25, 2019 - Will ESG Turn the Red Button Green? with Catherine Austin Fitts
August 1, 2019 - Deep State Tactics 101 Part IV with Catherine Austin Fitts
From the Site:
Catherine’s Money & Markets Report: July 18, 2019
Now Available to Solari Subscribers – The Real Game of Missing Money: Volume I
Now Available to Solari Subscribers – The Real Game of Missing Money: Volume II
Join Catherine and Help Attorney Alan Phillips
Hero of the Week: July 18, 2019 – Rambus
Let’s Go to the Movies: July 18, 2019 – Seed Swap in the Ozarks
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