CUT

MSCI Global Timber Invesco ETF

Washington

The Trump Tax Cut Is in Full Swing - but These Debts Don't Look Good

Tax collections fell in June as the Trump tax cut continued to bite into federal revenues. The fall in tax collections, combined with the rise in spending stemming from the congressional budget-busting agreement signed by Trump, is causing an increase in the government's issuance of Treasury bills, notes, and bonds, month in and month out.

That increase in supply puts downward pressure on bond prices and increases in interest rates and bond yields. It isn't obvious in the bond market at the moment, since the 10-year yield has traded in a tight range around the 2.80s. But short-term T-bill rates are soaring, with the 13-week bill hitting 2% last week.

Meanwhile, increased debt-financed deficits have kept the U.S. economy running hot, but there are hints of slowing in current data. That's not supposed to happen. Tax cuts and deficit spending are supposed to stimulate spending.

Read on for my unvarnished, unmanipulated, real-time view of the state of the U.S. economy...

Trading Strategies

Cut Your Losses Dramatically by Trading Like Sherlock Holmes

If you've ever had the good fortune to lose yourself between the covers of "The Adventures of Sherlock Holmes," you remember the contrast between Holmes and his trusty sidekick, Dr. John Watson. All the movie and TV adaptions, good though they may be, can't do justice to that wonderful literary partnership.

As you'll recall, Watson was a romantic – enchanted by mysterious adventuresses and improbable tales, and always ready to go on a wild goose chase or rescue a damsel in distress.

Holmes, on the other hand, took emotion out of the equation entirely and looked only at logic. (Analysts differ on whether he was a psychopath or a sociopath.) He saw people only as problems, and situations only as cases, and never, never allowed feelings to cloud his judgment.

While that perspective makes for a lonely life (Holmes, as far as we know, never found true love), it works wonders when solving mysteries.

Incidentally, it's a great trading strategy as well.

My personal sympathies lie with Dr. Watson, of course… but as a trader, I've had to train myself to think like Holmes. It's served me excellently, and will serve you well, too.

Here's how to take emotion out of your trading - and why that could save you from some very costly mistakes...

Trading Strategies

Boost Your Profits and Cut Your Losses in 90 Seconds... or Less

The Dow hit a record high right out of the gate on Wednesday, and that's got investors wondering if there's a correction lurking in the wings.

With all the political turmoil at hand over healthcare, taxes, and more, many are rightly concerned that a downturn could set them back years.

What they're missing is that times like the present are loaded with pure, unadulterated profit potential.

…if you understand the Total Wealth Tactic I'm going to share with you today.

Before I tell you what it is, though, let me say that the tactic we're going to discuss right now is one of the most powerful of all the Total Wealth Tactics we've got at our disposal.

What's more, it's so simple anybody can use it to boost returns and reduce losses – in 90 seconds or less.

Ready to get started?

Super-Sized Rate Cut Spurs Super-Steep Rally; Dow Soars Nearly 336 Points

By Jason Simpkins Staff Writer When it came right down to it yesterday (Tuesday), U.S. investors awaiting a central bank decision on short-term interest rates investors were expecting the standard Value  (investing) Meal. But U.S. Federal Reserve policymakers surprised them with the Happy Meal instead. The result: A Super-sized stock surge, representing the biggest single-day […]

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