from Daily Market Wisdom with Nick Santiago
For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.
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I ignored the story that Bill and Melinda Gates are getting a divorce. Their personal life holds no interest for me, although I care that Bill Gates is having an outsize say in both the climate change debate and in the response to COVID. His skills as a computer programmer and his genius as a shark, scooping up other people’s creations, do not make him qualified to weigh in on the climate or COVID. But as I said, his personal life was a “meh” — that is, right until the Wall Street Journal hinted that Bill Gates’s involvement with Jeffrey Epstein led directly to his divorce.
Centers for Diseases Control (CDC) Director Dr. Rochelle Walensky has “recommended” that children wear masks while playing. Her offered reason is to ensure Covid is not spread by “heavy breathing” of children near each other while around a soccer ball.
It sure didn’t take long for the Joe Biden era to start resembling the Jimmy Carter era. Prices are going up so fast that even the mainstream media can’t stop talking about it. This has already become a major national crisis, and it should be exceedingly obvious to everyone that it is only going to get worse. The Biden administration wants to borrow and spend trillions more dollars on top of all the absurd spending that has already happened, and the Federal Reserve is going to continue to pump gigantic piles of fresh cash into the financial system. Collectively, our leaders are literally committing economic malpractice, and if most Americans truly understood what was going on they would be out in the streets protesting against it.
As the 2020-21 school year wheezes toward expiration, a foul new public policy term has arisen to meet our fallen moment.
And there are some whoppers.
Is the inflation I’ve been writing about really all just transitory as Papa Powell claims it is? The Fed Head assures us he has this under control. Would that be just like Father Fed and friends had bank reserves under control right before the repo crisis blew up in late 2019? Or just like they had their Great Rewind under control right before the stock market imploded in late 2018 due to Fed tightening that was promised to be as boring as watching paint dry?
The Central Banks of the World – Russia and China both perhaps excepted – are all members of an International Club of Central Banks. This Club is run according to the rules dictated by the BIS, the Bank for International Settlements, located in Basel, Switzerland.
Former Food & Drug Administration (FDA) Commissioner Dr. Scott Gottlieb on Sunday called for the complete lifting of mask mandates and other Covid-19 restrictions as infection rates across the country continue to stabilize.
A big portion of the baby boomer controlled media tends to talk about Millennials as if they are children or young adults. So it should be sobering to many to know that this year, the oldest Millennials are 39-years old. That is not a kid or a young adult. That is a grown person that is beyond the “adulting” stage but somehow the narrative continues to paint Millennials as young avocado toast eating hippies that need to figure it out pronto. Maybe this is a generational thing, but Millennials have faced bigger economic challenges than baby boomers. Housing seems to be the biggest issue given it consumes the largest portion of a household budget. The inability to buy a home is startling whereas many baby boomers were able to purchase homes with one blue collar job – now many households are facing the two income trap. So what can we gather from new data on Millennials as they reach their 40s?
An ally of the Biden White House admitted in leftist magazine that Democrat President Joe Biden has been the most far-left U.S. president in history and that he gets away with it because the public views him as being a moderate.
President Joe Biden’s administration is confident of its immigration policies as Republicans push back on them and a new poll shows a majority of Americans disapprove of how the border crisis is being handled.
A large group of Iranian military fast attack boats on Monday harassed six United States Navy ships escorting a guided missile submarine into the Strait of Hormuz, the Pentagon said.
Will Biden’s “America the Beautiful” program save America’s environment? On January 27, President Joe Biden issued an executive order proclaiming “the goal of conserving at least 30 percent of our lands and waters by 2030.” That target would require almost tripling the amount of land under government restrictions – an area twice the size of the state of Texas. Last week, the Biden administration released a 22-page “America the Beautiful” vision statement short on details but overflowing with bromides including the following gem: “The road to a full recovery remains steep, but President Biden is determined to lead America to new heights.”
Growth is back.
[…] Stocks moved sharply lower after some rose to new all time highs in the morning.
Joe Biden gaslighted the American people once again on Monday, insisting that “we don’t see much evidence” of people choosing to stay home collecting government welfare rather than work.