Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

Don Swenson

Guest's Website

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

Kingdom Economics - Lawrence Summers, American economist/Keynesian, says that Trumponomics  is unlikely to deliver the results which people have implied via their emotions these past few weeks. Summers says in the Financial Times, January 17, that “the U.S. president will be operating on a very weak political foundation”. He ends his article with “If ever there was a […]

Kingdom Economics -   The Trump Economic Doctrine will likely be dominated by the views of an economist called Peter Navarro. Mr. Navarro will head up the new department called The National Trade Council at the White House. This new department will represent a philosophy which is mostly non-Keynesian IMO. I just finished watching a video called Death […]

Kingdom Economics - Some 70 nations met in Paris to discuss the situation between the Palestinians and the State of Israel on January 15. The conclusions (even though there were no leaders from Israel or the Palestinians in attendance) were somewhat final. The vote was for a two-state solution to this 100 years war between two historical brothers. […]

Kingdom Economics - The word ‘cash’ is not so easy to define today as most people view ‘cash’ as their dollar units in their cyber banking accounts. Cyber accounts are any accounts where dollar units are stored within the computer screen and which are not directly accessible as ‘paper’ notes to the owner. Cyber units get revealed as […]

Kingdom Economics - My assessment of the Donald’s wealth (google his name and assets) leads me to the conclusion that his empire has a current ‘value’ of around $7 billion (2016). His assets are mostly hotels, condos, golf courses, recreation facilities, entrepreneurial enterprises (wineries and such), and a small stock portfolio (say $75 million). So his wealth is […]

Kingdom Economics - The big news today is the ‘hacking’ activity of Putin and Russia. Lindsey Graham was on Fox News tonight describing his prescription (along with that of John McCain) to create sanctions on Russia to punish Putin for his ‘hacking’ activity. Serious energy sanctions and other financial measures were his goal to punish Russia (Putin). He thinks […]

January 12th, 2017 | Check this BUBBLE out!

Kingdom Economics - As of yesterday, January 12, the DOW index was 19954.28 (just short of the 20,000 number). The trailing P/E was 21.76 (up some 42% in one year). The P/E estimate was 18.68 (up some 23% in one year). The dividend yield was, however, down from 2.75 to 2.40. What do these numbers reveal to me? […]

Kingdom Economics -   The end of many major cycles are approaching. The cycle of war is suggesting more chaos ahead. The cycle of debt is suggesting a devaluation (deflation) coming. The cycle of stocks (now in a bubble) is suggesting that a peak has arrived. The cycle of economics suggests that a ‘winter’ season (decline) is approaching. The cycle […]

Kingdom Economics - As of today, some 5000 human beings have been killed over in the Syria/Middle East uprising since 2011. All this has occurred on Obama’s watch and was initiated mostly by removing Gaddafi in Libya. This suggests that America was primarily ‘at cause’ for the events which have transpired over in the Middle East since 2011. […]

Kingdom Economics - Our entire planet is now interconnected via a web of cyber communications. The word for today is ‘hacking’. What is this ‘hacking’ concept and why do Nations and individuals desire to ‘hack’ information from others? We live in a world of competition where the strong survive and the weak become enslaved or die. These TWO worlds […]

Kingdom Economics -   The key to peace on this planet is recognizing reality as we live it. Even a child can comprehend this concept. Reality based on the now (the basis of our living) recognizes that I and You are living ‘at effect’. I am not in control of my destiny and neither are You. Ideas (those […]

Kingdom Economics - Human nature has not changed since the dawn of man some 6,000 years prior to today. The strong rule over the weak. The alpha males rule over the strong. The superior alpha males rule over those who are less strong alpha males. Basically, our planet of alpha males rule with a philosophy of MIGHT makes […]

Kingdom Economics - I would like to share some points of ‘wisdom’ which I have recognized as reality for some time. These bullet points will be presented in brief so each of us can ponder their meaning. Wisdom IMO is needed going forward as the world is becoming more confused and diverse each day. This is meant to […]

Kingdom Economics - Donald Trump has business ideas which are good and sound (if our markets were FREE). His ideas, however, can not work in a Keynesian environment which permeates global finance. Trumponomics is currently popular as the psychology is what people think is sound. Our Keynesian economic system, however, is not based upon his type of psychology. […]

Kingdom Economics -   https://www.theguardian.com/world/live/2016/dec/19/berlin-truck-crash-christmas-market-live Today, another killing event happened over in Germany where nine Germans lost their lives due to a terrorist…who ploughed through a crowd of shoppers at a Berlin market. This type of event used to have some impact on our index markets…say the Dow Index (which used to be a human driven market with […]

Kingdom Economics - Based on current numbers (excluding the Left coast, California) Hillary’s final popular vote is: 56,992,756. Trump’s final popular vote is: 58,420,872. This means that Trump wins the popular vote within the 49 States of America (excluding California) by 1,428,116. This is amazing as many would suggest that the voters within California are heavily biased to […]

Kingdom Economics - If our politicians and democratic operatives desire to ‘blame’ anyone for Hillary’s loss they should ‘blame’ James Comey. This Director of the FBI formally (but unofficially) ‘indicted’ (but didn’t) Hillary Clinton for serious wrong doings with her emails and then started a 2nd procedure which appeared to be based on additional evidence with her various […]

Kingdom Economics - The current count of our popular vote in America is 64.2 million for Hillary and 62.2 million for the Donald. But let’s think about where Hillary received her votes. If we look only at California (one of 50 states) we can count some 4.2 million extra votes for Hillary in California. Hillary received 8,753,788 total […]

Kingdom Economics - The biggest surge in this Index in the history of any U.S. presidential election just occurred. The biggest surge prior to this was back in 1996 after the election of Bill Clinton. As I write this missive the Dow is at 19,852. So what does this mean going forward? Bullish sentiment is now so high […]

Kingdom Economics - Are you aware that the concepts of my mind (including the ‘numbers’ which I use to calculate price/value) are not physical ‘things’ which exist? Are you aware that our legal tender currencies (today) are mere ‘numbers’ (units of consciousness) with no ‘tie’ to matter/mass? We call our ‘dollar’ unit a currency and it gets created […]

Kingdom Economics -   The global markets are heading rapidly for a ‘cashless’ society and this leads to the  enslavement of the common man to cyber digits. Digital money within a smart phone environment is what our corrupt Authorities seem to desire for mankind. India is now going cashless (1.2 billion people gradually being enslaved). Venezuela desires to […]

Kingdom Economics - The new word for 2016 was/is ‘fake’. Yes, I do witness many ‘fake’ situations today. The news outlets and our many official media personalities have had many ‘fake’ aspects to their reporting. Our money system is now totally ‘fake’ and imaginary. And many of our leaders are ‘fake’ leaders…as they promote Socialism and Global Governance […]

Kingdom Economics - As an educator/consultant, Mr. Trump, I would be pleased to visit with you and your economic/financial staff on the current (real-time) issues of three core economic concepts which have materially changed in meaning in recent years (the concepts are: ‘value’, ‘money’, and ‘currency’). I would be willing to fly to New York or Washington D.C. […]

Kingdom Economics - Today I did some teaching on the history of Capitalism and how changes have evolved since our founding back in 1608 and 1620. America started out with an experiment called Socialism or Communal living after Jamestown and Plymouth Rock. After people starved from the implementation of this model it was abandoned in favor of a […]

Kingdom Economics - What has evolved in recent years is a financial system which has no ‘tie’ to physical reality. We now live with merely a ‘bookkeeping’ system for our financial transactions and our trading operations. This is absurd on the surface as this means that our entire ‘fiat’ system is all within us (our mind). There is […]
Next Page »