This article was contributed by Future Money Trends.
In March, sending $1,200 stimulus checks to each and every American cost current and future taxpayers some $320bn, which is far less than what the federal government spends on many items that are far more wasteful. $600 stimulus checks would using the same mathematics, cost $160bn to the federal government. Even $2,000 checks would run something in the order of $530bn, which, in the big picture, is quite doable.
The Democrats were obviously on board with the idea of $2,000 checks, and now that Donald Trump is championing the notion that China is responsible for this unfortunate turn of events and Americans are victims of this financial upheaval, the $2,000 stimulus check package is becoming a battleground for passing legislation.
Courtesy: Zerohedge.com
As you can see, the “Hard Data,” which is much more helpful at predicting market corrections, is nosediving. “Soft Data,” which is more volatile, is also cratering faster than imaginable, and we believe that it won’t take much for markets to endure a short-term hiccup.
We are very bullish, though, on the stock market. While there’s a ton of uncertainty out there, the time to be invested is now!
We’ve got major problems that are scaring big investors away. As they check off boxes in 2021, they’ll return with their deep pockets, but prices could be much higher.
Apart from a black swan event, which we personally can’t foresee (of course, no one can, by definition), there aren’t many bearish catalysts we can see.
Here are things that can cause volatility, fear, panic, and sell-offs going into 2021:
The biggest catalyst is the Georgia Senate election, which could put Democrats over the top and give them full control (a blue sweep if Biden is sworn in).
This will lead to speculation about excessive spending, a giant deficit, socialism, tax hikes, and who knows what else…
For now, let’s focus on Trump and on his ultimatum on Section 230 and its removal, which he attempted to tie with military funding and now with the $2,000 stimulus checks. Whether you voted for him or not, this strategy is certainly a genius negotiation tactic.
What the markets want to see is compromise, but the Democrats’ strategy might be to wait it out until early January, when Mike Pence has to count the electoral votes in Congress, and January 20th if there’s a formal transfer of power.
The $900bn bill is dead, in our opinion. President Trump wouldn’t call it a disgrace and ineffective on national TV only to ink it a few days later.
Will Congress be able to negotiate a new one in time? There are many moving parts; blood is in the streets for Main Street!
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Trump blaming China for a U.S. designed pathogen, while surreptitiously getting Americans hooked on a universal income.
Genius!
Are we supposed to believe, that out of 325 million people, JB is the best person for the Office of the Pres.? That out of the entire population of the US we don’t have anyone better than that? We can’t get anyone better than him or KH?
Secondly, the gov’t/officialdom is rife with totally corrupt phony lying hypocritical politicians. Everything they do is sh*t, the endless wars, the treasonous corruption, facilitating the off-shoring of jobs, the massive unpayable debt, the ceaseless effort to eliminate our rights, ridiculously high taxes, the mountains of BS fed to the people continuously, the lust for power, wealth, and privilege at the expense of the Amer. people, and on and on. You call this good gov’t? Gov’t/officialdom is nothing more than a sham, a hoax, and a fraud of immense proportions perpetrated on the Amer. people. Now they have contrived a new massive hoax with this virus. My G*d, when is it going to end. Not until we the people have been stripped of our wealth, our rights, our liberties, and everything else, and the State has total obedience.
Please do a little more research the main street available capitol in the USA is roughly four times what it was last year at this time.
Conventional work a day ready work jobs and employment have been artificially suppressed due to a false belief in politically derived public health policies. The areas of the country that have stopped complying with false mandates of compromised or just cowardly occupiers of public offices have already begun to flourish in a different way.
The artificially supported through restriction and profiteering business models are collapsing while cash business is growing like never before.
The markets that have for 40 years profited from a extraction model where products are sold from non local manufacture and service jobs allow some to purchase profit sharing from the extraction are failing.
But the reason is much simpler there has been more money in circulation this year than since 2012.
Small non companies are working privately and seeing tremendous growth. By non company I am speaking of the individuals and groups that are working for the cash that is flowing again on the back street.
I have offered engineering services for a select group of individuals for more than 45 years.
In the past two months I have seen more available disposable income in three industries than I have seen in 30 years. In each of these industries the shift is away from established brands that are known to be fronts for Chinese goods towards small manufacturing being done in local garage shops by workers separated from the companies that once employed them.
The hardest hit of the nation are those who have had larger reward from minimal skill sets who relied on their attendance at businesses that merely resold cheap goods at inflated prices.
As far as a possible Biden Harris administration well you know when you go carrying pictures of chairmen Moa you ain’t going to make with anyone anyhow.
The number of men from many backgrounds that are wide awake and will not comply is so large that they will not be able to govern.
His proposal to OUTLAW the internal combustion engine is an example of how the street is already defying governance. There are in my area 23 separate small groups of men and women building 800HP plus street cars without concern for expense. Many of them are using $10 per gallon fuel at 5 to 8 Mpg.
I build 700-2500Hp engines as a hobby out of my home garage that range in price from $10,000 to $45,000 I am booked for the next four months without even trying to sell service.
Two associates have 500lbs crucibles and furnace they have begun pouring new parts from waste aluminum and bronze.
We stopped looking for cheap CCP made big name brands and just started to build what was needed.
THAT IS THE MAGA SPIRIT THAT BUILT AMERICA the corporate money investments will be hit extremely hard by the return to self reliance that is happening due to the over reach of the hired help in public office.
Even if China Joe and the Pole Climber take possession of the offices they will always lack the one thing that gives any of our servants authority and that is the CONSENT OF THE GOVERNED.
SO really smart money would invest in some small generic drug manufacturing facilities here and look around your home towns for opportunities to use your capital to grow your local economies.
As you say the rent is due and a Vacant house is more expensive than an occupied one for the land owner.
Yes dumb money will purge all the late tenants in hope of acquiring new ones but most will never get past the break even point and so many properties will be vacant that the value will cause the banks to stop loss on the loans.
In one to two years without significant mental adjustment these properties will be a dime a dozen.
Those paper tech stocks well you will really need some of those trendy Bernie Bros to prop them up … but wait the socialist all want to use some one else’s money.
“The markets that have for 40 years profited from a extraction model where products are sold from non local manufacture and service jobs allow some to purchase profit sharing from the extraction are failing.”
I believe this has also been called mercantilism.
“His proposal to OUTLAW the internal combustion engine is an example of how the street is already defying governance. There are in my area 23 separate small groups of men and women building 800HP plus street cars without concern for expense. Many of them are using $10 per gallon fuel at 5 to 8 Mpg.
I build 700-2500Hp engines as a hobby out of my home garage that range in price from $10,000 to $45,000 I am booked for the next four months without even trying to sell service.
Two associates have 500lbs crucibles and furnace they have begun pouring new parts from waste aluminum and bronze.”
(Rather than saying it to the globalists.)
Thanks for your service to the country.
I think, his name might be Amistad or Platinum Project. Some kind of broken English, from deep inside of the “Opportunity Zone” —
https://www.youtube.com/watch?v=OKj5MVtJ-BI
Based on Schwab’s example of owning nothing and being very happy, and Canada’s offer of jubilee, on relinquishing their belongings, how would the US pay for universal basic income (ubi). Is ubi covered by the same exact financial interests as George Soros? Asking for later.
For you who are sick of MSM – Fox included
try NEWSMAX – much better