Is it America’s last “real” birthday? Some would argue the point.
There are several “deals” which have come into focus that are quickly changing our estimates of the future. And for those, of course, come our outlooks for people and hence the markets.
Jobs Rule This Week
While the Dow may open down 100 on concerns in Europe, and elsewhere, The real action this week will center of jobs numbers on Thursday and Friday.
Both the ADP job creation number and the Challenger job cuts will be out Thursday and then the official numbers (such as they are) will be out on Friday.
Metals continue to march higher and silver is within trading distance of $20 an ounce this week.
Hillary’s Bid Pro Quo
We know that US Attorney General Loretta Lynch has to be sleeping easier now that Hillary Clinton says she “may decided to keep” Lynch in the A.G. spot as soon as bidding closes on the Presidency.
Not that there was ever any doubt since any fool can see that the Lynch-Billary meeting was no accident. The “ambushed” theory is quickly going by the wayside, however.
In the meantime, Donald Trump – has been attacked for picturing Hillary in front of oodles of cash and a Star of David.
And we haven’t even had the conventions yet. We use that as the general start of mud-slinging season…or at least we used to.
The Balance of Oil
Dead, but exactly right, we remember the Matthew Simmons book “Twilight in the Desert: from, 2008 was it?
If you don’t remember the book, in it, American oil expert Matthew Simmons predicted the coming end of Saudi Oil domination because of increasing “water cut” and some wildly puffed up figures on reserves/
Fast forward past Simmons’ regrettable death (I’m still suspicious of the official cause) and we find the headline that the US proven r5eserve of energy has passed those of the sand-box lynchpin.
The fine print about our oil being locked in sands and stuff…oh, nothing to see there. This balance or oil pricing power will shift slowly.
Playing “Spot the Racist”
We notice there is a recent website, www.helloracist.com, fixed on the idea of calling out “racists,” that seems to be getting some traction.
While the site will no doubt do a fine job of moving the agenda of the mis-named progressives forward, we hope they have deep pockets because an error holding someone up to public ridicule can become mighty expensive in these litigious times.
The Gawker-Hogan case recently is an example of such risks, as I see it.
However, since their WHOIS data comes back to Nassau, we have to wonder who is really behind it. For now, it’s just an anonymous founder, but be on the lookout for the founder to be outed. Then we shall see who it is…
Those Crazy Democrats
Have dropped the idea that in order to get amnesty in the US, illegals and invaders should be required to speak English. Which will make it all the easier to keep a huge social agenda in place.
Why, with any luck, multi-cultural insanity will evolve further, language will splinter,, even more and we’ll go the route laid out in the Tower of Babel story…
Conseguirse un contrato de Imprenta del Gobierno de hoy!