Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

January 30, 2019 | General Economy points to Recession but Stock Market points to Prosperity! Why?

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.

Consumer confidence is down, the Baltic Dry Index is down some 37%, but home sales are up (exceeding 2006 highs), earnings are moderately up, trade with China is mostly down, Europe is slowing, Venezuela is in a depression, Trump and Pelosi continue their polarization, Central Planners trade our markets daily, and the Dow Index goes up and up. What’s happening?

 

The stock market (Dow Index) is up some 8% in January and charts now seem to suggest that stocks could continue to go up and up indefinitely. We are now less than 1,800 points from the 2018 high (as of 1 p.m. EST). What’s happening? Are interest rates the KEY?  It now appears that interest rates have peaked and could go down for the year. All this Central Bank manipulation affects our volatile markets and this is likely to continue.

 

The rich are getting richer and my investor friends at the clubhouse love all this upward manipulation (so they claim). It’s amazing how psychological these markets are. A mere ‘word’ from our Chairman of the Fed can cause big changes UP and DOWN in the indices. So will all this manipulations (via our Central Planners) create a change in investor confidence and another boom in our stock markets?

 

It is obvious that our Central Planners are trying to pump up confidence and the wealth of stock owners via their rigging activity. All this can be done behind closed doors at our New York Fed. Traders at the Fed can borrow unlimited digits for trading our markets. Select proxies of the Fed can also borrow for trading and stock manipulation. This can go on indefinitely.

 

My sense that our general market is heading for a recession is being offset by our Central Planners who can trade these markets and rig all results with their trading. All this manipulation will eventually catch up with these riggers. But for the moment we will witness more rigging and manipulation as this is the ONLY game in town. We now live with a computer driven market which can be rigged with the click of a computer mouse.

 

Few investors like to think critically about what is happening to our markets. My investor friends recognize that rigging and manipulation is being done but they, none-the-less, approve of all this rigging (as of today). I assume that most investors think in a similar manner. Until our markets crash totally, rigging and manipulation will continue. All this happens behind closed doors at our major Central Banks.

 

I listen to Fox Business, CNBC, and Bloomberg pundits and most seem agnostic about how our markets work. They appear to think that all is sound and that prosperity will continue. They look at the numbers and assume that these numbers are real and represent our general economy. In reality, these ‘numbers’ represent trading digits which can go UP even while the general economy goes DOWN.

 

With the click of a mouse I can trade our markets. Algo’s now trade most of our markets. These Algo’s can trade our markets (upward) even while the general economy declines. I watched this same result over at the Caracas General in Venezuela during 2016 – 2019. This electronic market is up some 259% (in 2019) even while a depression is happening within the general economy. What a sham system we now live with!

 

Our markets are now living in Cyberspace and we trade with Cyber digits. These digits are created out-of-nothing (the thinking of policymakers who act behind closed doors). Central Banks trade our markets with their own cyber digits which they can multiply to infinity. Numbers can go UP even as the general economy goes DOWN. Is this a sound system? I don’t think so! The problem is our MONEY!

 

At some point demand will drop off and these digital markets will crash. This will likely happen sometime in 2019. Positive thinking will not work once the Big Boys start selling these fake markets. There are some 2,000 billionaires who trade our markets. Some are now rethinking their strategy and starting to buy GOLD. This is a wise decision as FAKE digits (as money) will eventually disappear and vanish into our consciousness.

 

As I write all looks positive for our markets. But under the ‘hood’ is a leak which I witness daily. This leak will grow and expand and eventually create this crash (correction) that I have been predicting. Awareness is gradually growing that these markets are RIGGED. Once our billionaires start selling these markets the GAME is over! We live with FAKE markets and FAKE money. Think for yourself and prepare!

 

Enjoy the temporary bubble! I am: https://kingdomecon.wordpress.com.

 

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.

January 30th, 2019

Posted In: Kingdom Economics

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site

*
*

This site uses Akismet to reduce spam. Learn how your comment data is processed.