by Chris Waltzek
Kevin Kerr of Kerr Trading International rejoins the show, with positive comments on the upcoming September 30th, US Federal Budget. The current budget deficit exceeds $107 billion, the persistent issue implies the potential for challenging economic conditions on a national scale. Many top guests on this show have championed the idea of a balanced US Federal budget, including Dr. Ron Paul. Nevertheless, it is unfortunate that the issue remains political kryponite, anathema to the election process. The similarities between the current US equities indexes and that of 2008 are chilling. For instance, 2016 is also a Presidential year, with the potential for another 2008-2009 like Great Recession / market meltdown. The duo conclude that every investment portfolio should be positioned / hedged against potential selling.