Currency Market: U.S. Dollar Strength Will Continue

This is going to go on for a while. The U.S. Dollar will get overpriced and may even turn into a bubble before the rally is over. (EUR USD forex cross, USDJPY forex cross, SPDR Gold Trust ETF (GLD))

Stock Market: Where To Focus Next

Right now the main factor is Mr. Trump and his talk about a lot of good news, which we all want to hear. But again, now we are going to start focusing on interest rates and what is happening on the real economy. (SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), iShares Barclays 20+ Yr Treas.Bond ETF (TLT))

Italian Banks, Deutsche Bank (DB)

The Italian banks are in trouble but so is Deutsche Bank (DB), which is the largest bank in Germany.

I Expect Bad Financial Times To Come

I do not see how the European union can survive on its current form. The world needs something to compete with the U.S. Dollar which is a terribly flawed currency. The Euro currency in theory would be good for the world. Unfortunately it was badly executed, a good theory badly executed and now we have many problems.

So, I do not expect the Euro currency to survive and I doubt the European Union will survive as we know it. Because since Brexit occurred it has encouraged many separatists in Europe that want to split up their countries from the EU.

As I expect bad financial times to come, when we have bad financial times, people always look for big change.

The U.S. Will Face a Crisis or A Semi-Crisis

No country has got itself into this kind of situation gets out without a crisis or a semi-crisis. Interest rates have started going back up, if they go to normal historical levels, it is impossible for the United States to pay the debt. We have to face the facts. (SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), iShares Barclays 20+ Yr Treas.Bond ETF (TLT))

Trump: Trade Wars, Serious Problems

Trade wars have always led to serious problems and often to real it has led to real war. So the facts are all in place for something like that to happen. I would like to think that there is some way that we can avert it. History does not show us any reason to be optimistic. (SPDR S&P 500 ETF Trust (SPY), iShares FTSE/Xinhua China 25 Index ETF (FXI), United States Oil Fund LP ETF (USO), Nymex Copper Futures)

Markets: What Now?

Now we are going to start focusing on interest rates, in what is happening in the real economy. There is a lot of debt. We will all have to start paying attention to the interest rate burden that everybody is going to suffer. I expect problems next year. (iShares MSCI Emerging Markets Index ETF (EEM), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA))