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How to Profit as D.C.'s Pork-Barrel Politics (and Spending) Go Global

By , Money Morning - • Print | Email

Of course the Fed has pulled out all the stops to try and kick-start a modest 2% inflation rate. You see, governments don't just want inflation, they absolutely need it if they want to maintain even the faintest hope of managing their multitrillion-dollar debt burdens.

So far, nothing has worked… But, as I've said, and as recency bias shows, we're likely to be swamped with more inflation than anyone bargained for, courtesy of government spending.

That's because they're about to embark on a spending and money-printing spree of historic proportions.

This could make quantitative easing look like chump change. The entire world is going to be getting in on the action, led by the United States…

… and it's likely to happen no matter who moves into 1600 Pennsylvania Ave. NW in January. Both Clinton and Trump are talking this up in a big way. It's the one thing they can actually agree on.

One thing no one is mentioning, however, is how this spending spree will act like rocket fuel to one stock I mentioned three months ago. It's already done about twice as well as the markets, and based on what I see coming, that's barely the start of the gains...