Editor’s Note: As Chief Investment Strategist of Total Wealth, Shah believes in making his track record of recommendations easily accessible to all readers within seconds – and that’s why he’s compiled an Archives page.
Mar 08, 2019
While I’m cautiously optimistic there will be a trade dispute announcement out of the proposed late March summit between President Xi Jinping and President Trump, it won’t be great.
In fact, it will probably be just enough of a positive kind of “we’re going to keep working on it and agree to agree” announcement, with lots of concessions and positives to move the markets up, possibly to new highs.
My optimism is based on the needs of both presidents to make nice for their own reasons.
President Trump wants the stock market to go a lot higher and knows clearing the economic forest of tariffs and uncertainty will do that.
President Xi desperately needs a deal because China’s economy is slipping into indebted slow-growth (and possibly stagnation) and exports are still China’s lifeblood.
But, there’s a big difference between the removal of tariffs and a comprehensive trade deal that covers what’s really at the bottom of the two nations’ “trade” dispute.
And the chance of that happening is exactly between slim and none.
Mar 06, 2019
Unsurprisingly, the markets are dead flat this morning as they hang on every word that comes from Washington and China. As our very own Shah Gilani has said multiple times on Fox Business’s Varney & Co., he believes that the markets will remain flat until we get a deal – and a positive one, at that. Once the news hits, it’ll be enough to move the market higher… Click here to watch.
Mar 05, 2019
The suddenly simple answer to funding the Green New Deal, Medicare-for-all, free college, and two Teslas in every garage, making the rounds as Modern Monetary Theory (MMT), is a joke.
Only no one should be laughing.
MMT is not only dangerous for reasons that no one’s bothering to bring up, but also it’s just plain stupid.
Mar 01, 2019
There’s a problem with the Federal Reserve.
Actually, there are tons of problems with the Fed.
Besides the fact that they shouldn’t exist at all, they are always behind the curve on everything.
Take interest rates, for example.
One of the biggest things the Fed does (the biggest is bailing out their too-big-to-fail bank constituents when they implode into insolvency from their greed) is manipulate interest rates.
The Fed’s original fake mandate was to manipulate rates to effect stable prices – in other words, to curb inflation when it reared its ugly head and guard against deflation when it cast a shadow on the economy.
Not that it matters, because it is what it is, but the Fed’s timing in manipulating rates is mostly what causes inflation or deflation.
Today, we’re going to talk about the wool that’s been pulled over everyone’s eyes, and what the Fed should be doing.
But first, I’m going to share something amazing and potentially very profitable.
Feb 27, 2019
You’d think that after the privacy violation scandals Facebook Inc. (NasdaqGS:FB) had itself tangled in last year (and still hasn’t fully recovered from), other big tech names would exercise a bit more caution.
On this week’s episode of Varney & Co., the panel of experts, including our very own Shah Gilani, discuss how Alphabet Inc. (NasdaqGS:GOOGL) apparently did not heed Facebook’s cautionary tale. Just last week, news broke that Google’s home security device, Nest, had microphones planted within it – unbeknownst to customers. Why Google didn’t let its customers in on the secret is a mystery, and this seedy situation could spell danger for the stock as the story unfolds… Click here to watch.
Feb 26, 2019
Elon Musk, the founder, chief executive officer, and former chairman of Tesla Inc. (NasdaqGS:TSLA), is in trouble with the Securities and Exchange Commission (SEC)…
This time, he’s in hot water for doing what he agreed not to do in the September 2018 settlement he made with the SEC over his infamous August 2018 “Am considering taking Tesla private at $420. Funding secured” tweet.
What happened this time and what led up to it isn’t just a problem for Musk, it’s a problem for Tesla.
Feb 22, 2019
Poor Elon Musk, he just can’t get enough attention. Apparently, Jussie Smollett has the same problem.
Good thing for one of them there’s a difference between them.
In terms of their crimes, in Smollett’s case the wrongdoing is alleged, while in Musk’s case he signed his own admission.
I’m not interested in Jussie Smollett’s big part on a waning show on the small screen or his small life off-screen and his desire to be on TMZ, which turned into national news.
But I am very interested to see if the TMZ-lite of Wall Street, the SEC, slaps Elon Musk on the wrist again for his latest crime – or does its job properly, once and for all.
You can follow the Smollett saga on TV (be careful what you wish for, Jussie).
But you’re not going to get the “inside edition” of what’s happening with Tesla Inc. (NasdaqGS:TSLA), what could happen to Musk, and how you can make money on the situation anywhere…
Except for right here at Wall Street Insights & Indictments.
Feb 22, 2019
The market clearly wants to go up; today’s high of the Dow came close to scraping the high we saw in early November. All factors are pointing to a positive climb upward – the only potential inhibitor being China. On this Wednesday’s episode of Varney & Co., Shah Gilani believes that we will get some sort of superficial deal with China and it will propel the market higher. Later, Amazon.com Inc. (NasdaqGS:AMZN) could be on the brink of something HUGE that you won’t want to miss… Click here to watch.
Feb 19, 2019
The price of bitcoin rose 8.6% from the end of last week to yesterday, February 18, on news that JPMorgan Chase & Co. (NYSE:JPM) was launching the first-ever major bank-backed cryptocurrency, JPM Coins.
Apparently, after Jamie Dimon, JPMorgan Chase’s chairman and CEO, called bitcoin a “fraud,” saying in October 2017, “If you’re stupid enough to buy it, you’ll pay the price for it one day,” the big bank honcho has had second thoughts.
Something changed for Dimon and JPMorgan Chase, and today I’ll tell you what a bank coming to market with its own coin means for bitcoin and other cryptocurrencies – and it isn’t what you think.
Feb 15, 2019
Deutsche Bank Aktiengesellschaft (NYSE:DB)’s “troubles” aren’t just a concern for the survival of Germany’s largest bank; they’re the same troubles most European banks face.
Frighteningly, those troubles collectively threaten the future of the European Union and, by extension, global markets.
That makes Deutsche Bank Europe’s canary in the coal mine.
Bond and equity markets better be listening to the chirping noise coming from Frankfurt, because it’s getting louder.
Let’s talk about what’s ailing Deutsche Bank and what DB tells us about other European banks. Then we’ll get into how the European Central Bank (ECB) is the common thread in their flawed knitting, and what could happen to bond and equity markets if the canary croaks.
Feb 13, 2019
The market clearly wants to go up after the rough patch that was December 2018. January was a glimmer of hope, and after ten consecutive weeks of outflows from ETFs and mutual fund products, Shah Gilani believes that money is looking to the market – and if the rally continues, it’ll jump back in.
On this episode of Varney & Co., the panel of experts discuss go on to discuss what Amazon.com Inc. (NasdaqGS:AMZN)’s first-mover advantage may have had on Walmart Inc. (NYSE:WMT)’s recent grocery delivery problems. It’s no secret that Amazon’s strength greatly weakens other companies, and with Walmart willingly bowing out of the agreement they had with their partnerships, this may not bode well for Walmart’s ability to keep up with the trends… Click here to learn more.
Feb 12, 2019
Last week, senators Chuck Schumer (D. NY) and Bernie Sanders of (D. VT) co-authored an opinion piece in the New York Times titled, “Limit Corporate Buybacks” with the subtitle “Corporate self-indulgence has become an enormous problem for workers and for the long-term strength of the economy.”
They’re right that buybacks should be limited, but wrong about their impact on workers and the economy.
So, today I’ll tell you what the senators got right, what they got wrong, and how buybacks should be treated.
Feb 08, 2019
Growth across the European Union is slowing, quickly and dramatically. On top of that, Brexit looms.
For interest rates, the euro, European stock markets, and Eurozone banks, that means, look out below.
Something’s happening across Europe, and you need to be aware.
Things could get bad, and you need to know where to take cover.
Feb 06, 2019
Following President Trump’s State of the Union address, the agenda of which he stated was neither Republican or Democrat, but was one of “the American people,” it seems that nothing, so far, that he said will push the market one way or the other.
On today’s episode of Varney & Co., in reference to last night’s address, Shah Gilani goes on to say that had the President said something more positive about China, the market may have opened stronger today. Moving straight into some of the market’s tech darlings, host Stuart Varney asks Shah what he thinks about Apple Inc. (NasdaqGS:AAPL) and one company that Shah warns could be hit hard if it keeps raising costs… Click here to watch.
Feb 05, 2019
Most Americans would probably agree, if the Federal Reserve hadn’t come to the rescue in the 2008 financial crisis, the United States (and the world) would have sunk into another Great Depression.
However, most Americans don’t realize that the Fed caused the financial crisis of 2008 by keeping interest rates artificially too low for too long, fostering “irrational exuberance” and insanely leveraged mortgage bubbles.
How do you know I’m telling you the truth?
Ask yourself two questions:
- What caused the financial crisis?
- Where was ground zero?
If you don’t immediately and automatically, instinctively and historically know the answers to both questions, I’m afraid you don’t know what you don’t know.