Last week and Monday saw investors begin to exit the Trump Trade seriously in the face of political reality. President Donald Trump will not necessarily be able to push through all of his business-friendly agendas without the same difficulties other past American leaders have faced. This became clear in the wake of the Republican withdrawal of the Obamacare repeal and replace bill. Across the pond in the United Kingdom, Prime Minister Theresa May cleared the final hurdles in time to announce her intention to invoke Article 50 of the Lisbon Treaty on Wednesday, March 29. She begins a busy Brexit calendar… Read More

Many individuals have already forgotten that less than ten years ago, the U.S. Federal Reserve had no choice but to bail out the American banking system. Thanks to the collapse of Lehman Brothers, the most devastating economic and financial crisis since the infamous Great Depression erupted. The Federal Reserve was forced to launch its first of several Quantitative Easing programs in order to save collapsing investment and commercial banks throughout the country. Despite their best efforts, several of the largest still went down. Remember Washington Mutual Bank, Wachovia, Bear Sterns, and Merrill Lynch? Each of these became casualties in the carnage… Read More