Business

If President Trump continues down his current path of protectionism and anti-globalization, to try and put “America First”; then retaliatory measures by other world powers, huge domestic deficits, massive job losses and spiralling inflation could in fact put America last!

Those are words coming from Mark T. Williams, Boston University finance professor, former Fed official and author of the acclaimed book on the Lehman Brothers debacle “Uncontrolled Risk”.

DIRE PREDICTIONS

For the 14th straight week, US oil rig counts rose (by 11 to 683). This is the highest since April 2015.

and leads US crude production to its highest level since Aug 2015.

The question is, as OilPrice.com's Nick Cunningham asks, will Shale kill off the recent oil price rally again?

Just when you thought it was safe to stride safely through the forest of stock market investing (hey - banks, Trump, hope, reform, stimulus, earnings, and Trump again); the bears are coming out of hibernation...

The calm in stocks worldwide is giving way to concern, as Bloomberg reports investors in Europe and the U.S. are rushing to hedge against declines and a Credit Suisse index flashing a warning as the list of economic and political obstacles grows. As we detailed earlier,

Authored by Lance Roberts via RealInvestmentAdvice.com,

I thought the following quote from Janet Yellen’s Q&A at the University Of Michigan this week was interesting regarding the lessons I thought were learned from the financial crisis.

Political polarization among Americans has swung to its most tilted towards Republicans since President Obama's election.

Source: Bloomberg Comfort Index

But this has not stopped the majority of Americans being more upbeat as UMich printed 98.0 for April (better than expected and up from March). Current Conditions are at their highest level since Nov 2000...