Cold hard Economic Reality and saving the USA's economy will lock it in for Trump...
Immigration Controls, Jobs, Economy, Security and Health are what matter most to all men and women in the USA.
Bottom Line - 8 years of Obamanomics and a 2008/09 meltdown is quite likely before 2016 year end like 2008.
This is the weakest recovery in USA history due to the many crushing tax increases, costly onerous OSHA, EPA and myriad Federal and State regulations and brutally costly mandates like ACA and OFCCP militant diversity social justice warrior workforce modification laws ... it is illegal to hire only the best without workforce diversity complexion management... result a flood of jobs going offshore and the rate of offshoring increasing dramatically especially to $5 Hr Mexico with cheap rail and truck transport of goods back to USA markets - with mandatory Mexicartels controlled highly addictive drugs (Heroin, Cocaine, Crystal Meth) hidden in said trucks and rail cars. New Hampshire on the Canadian border had over 443 heroin deaths in the past 12 months. The closer you get to the NarcoMex border the worse this becomes.
And now we get:
The Sovereign Investor May 7th, 2016 Newsletter:
Death Threats From the Fed
By Jocelynn Smith, Sr. Managing Editor
More economic numbers rolled in this week, and they weren’t good. The cliff is crumbling under our feet, and I think it’s too late to back away from the edge — particularly when the Fed is whispering about more rate hikes this year that could almost certainly kill our tepid recovery stone-cold dead.
Earlier in the week, Automatic Data Processing (ADP) released its monthly employment report that showed employers adding 156,000 jobs in April — the slowest since February 2014 and widely missing the Street estimate of 193,000. What’s worse, all the jobs that were added were in the service industry — a sector not exactly known for high-paying jobs.
On the other hand, goods producers lost 11,000 jobs and manufacturers shed 13,000.
So we have another instance of high-paying job cuts, only to be replaced with low-paying service positions. This is not how you get an economy to bounce back.
All in all, April was an incredibly cruel month for the American worker. While ADP pointed out that the service sector was adding jobs, the retail sector was essentially beaten with a layoff stick. Here are just some of the cuts and closures announced in April:
Aeropostale filed for bankruptcy protection and announced plans to close 154 stores.
Sears announced that it’s closing 78 Sears and Kmart stores.
American Apparel announced plans to lay off 500 workers (11.6% of staff).
L Brands plans to restructure Victoria’s Secret and cut roughly 200 jobs.
Nordstrom is slashing up to 400 jobs due to slow sales.
Coach plans 300 job cuts.
Sports Authority has filed for bankruptcy protection and announced plans to close 140 stores, but it is considering closing all stores.
And it wasn’t just the retail sector that’s taking a beating from America’s poor economic recovery…
Chevron announced another 1,000 job cuts, bringing total layoffs to 8,000 (12% of workforce).
Halliburton cut more than 6,000 jobs in the first quarter and slashed its workforce by nearly one-third since oil started tumbling in late 2014.
Alcoa cut 600 jobs in the previous quarter, planning for an additional 400 cuts and could consider 1,000 more layoffs.
Lockheed Martin plans to lay off 1,500 workers.
Caterpillar announced plans to close five U.S. plants and shed 820 positions — part of the company’s broader plan to slash its workforce by 10,000 jobs and close or consolidate 20 facilities through 2018.
Intel announced plans to lay off 12,000 people (11% of workforce).
In fact, U.S. productivity dropped by 1% in the first quarter, marking the fourth decline in six quarters. In the past year, productivity has inched 0.6% higher, significantly lagging behind our historic pace of 2.2%.
While the economy continues to limp toward the edge that will finally send us tumbling back into recession, there remains a key pocket of growth that more investors are adding to their portfolios: gold. As Jeff Opdyke has pointed out on more than one occasion, gold is your insurance policy against economic collapse and government idiocy.
Since the start of 2016, gold is up roughly 21%, while stocks are slipping back into negative territory for the year. What’s more, silver has flexed its muscles, adding close to 26%. Adding exposure to these commodities and others will help to diversify your holdings and offer some protection as growth continues to slow.
http://thesovereigninvestor.com/investme...dd-metals/
Regards,
Jocelynn Smith
Sr. Managing Editor, Sovereign Investor Daily
P.S. If you missed some of last week’s Sovereign ideas, please see our commentaries below:
The Housing Sector Is Waving Red Flags
Leading indicators for the housing sector are raising warning flags, but Wall Street refuses to pay them any heed. However, you can use these forward-looking data to make one simple trade to take advantage of the situation. Chad Shoop takes a closer look at how you can profit from the cracks that have begun to show in the foundation for the housing sector. Click here to read the full story.
http://thesovereigninvestor.com/us-econo...red-flags/
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In conclusion Donald Trump is the master of leverage and debt management. The Deep State and their Fed and Treasury tools have been pumping up the US economy on zirp policies for so long that it is like a Drugs pusher selling a dying heroin addict one last fix (Clintons and Obamanomics solutions to placate their Globalist Banksters - Rothschilds, Goldman Sachs, JP Morgan, BoA-Merrill Lynch, Fed etc.).
Trump knows that the USA and global economy are beyond the point of the straw that breaks a camel’s back and the only way to deal with the USAs and EU debt is the same way the Gov dealt with GM's massive antiquated pensions - Put GM in bankruptcy and reorganize by wiping out GM's phat rich pensions negotiated in the 50s 60s and 70s but unsustainable in a competitive Globalized World Economy.
The EU (Germany France Italy), UK, China, Japan, Korea, Saudis, Middle East, Mexico, South America and Asia have maintained a severe balance of payments surplus in excess of $1 Trillion USD per year at the expense and deficit of the USA singing the mantra of Free Trade and cheap goods for the gluttonous American Consumers.... to the tune of $Trillion a year in Trade Imbalances that is multiplied in the USA's rapidly increasing and unsustainable levels of National Debt and Unfunded Liabilities. If the USA were to go back to traditional levels of interest that incentivize savings of 5% to 10% CD interest rates - the debt service on the National Debt would dwarf DoD and major Entitlement programs budget line items - thus the insane and unsustainable Nirp and Zirp interest rates of today. Economic smoke and mirrors that would rival a Vegas Master Magician's illusions.
This is what rigid "conservative" ideologues like the Bushes, Karl Rove, Mutt Romney and Paul $2.3 Trillion Omnibus Budget Ryan have swamped the US with.
News flash the American Consumer does not a new Android or iPhone every year when they are built to last for 20 years... or a new Car every year when Toyotas, Lexus and Mercedes or VWs and Volvos are built to last 20 years versus US and Chinese and cheaper EE brands that rust out and disintegrate after 5 years.
The rest of the world can take their cheap crap and eff off while the USA refocuses on good old fashioned American Quality designed to last without built in obsolescence and mountains of trash. The time to take harsh medicine is now and that is renegotiating the Globalist Banksters unsustainable debt foisted on the US people and businesses by the Deep State Elites and their puppets at the Treasury and the Fed as well as the IRS.
Worked for GM and they are doing well globally… Debt renegotiation is overdue for the USA.
By the way, it'd be a good joke from Trump, saying, Hillary looks so tired, it's like she's 666 years old...
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