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This (Crashing) Trend Is Not Your Friend

This (Crashing) Trend Is Not Your Friend

Despite Yellen's best efforts today to basically dismiss any and all data as irrelevant going forward in The Fed's decision-making process, we suspect all eyes (and algos) will be firmly glued to this week's payrolls' data. Will it be another record month for Obama to crow about? Will Mark Zandi do the "told you so dance" to all the trump supporters who seem less exuberant about the recovery? One look at this chart  - and the disastrous trend - and we suspect, sooner-rather-than-later, the fecal matter will be striking the rotating object in America...

Is Trump Right About NATO?

Submitted by Patrick Buchanan via Buchanan.org,

I am “not isolationist, but I am ‘America First,'” Donald Trump told The New York times last weekend. “I like the expression.”

Of NATO, where the U.S. underwrites three-fourths of the cost of defending Europe, Trump calls this arrangement “unfair, economically, to us,” and adds, “We will not be ripped off anymore.”

Donald Trump’s Nuclear Policy Is ‘Proliferation Amid Isolationism’

Republican presidential front-runner Donald Trump’s nuclear policy is totally dangerous for America, its allies and its enemies. It could break up a defense structure that was put together after the second world war to maintain peace and security and stop nuclear arms proliferation after the U.S. detonated two nuclear bombs on Japan to bring that war to an end. The structure although not modern or fair has managed to stop nuclear wars from starting for over seventy years.

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