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Maria Bartiromo warns against knee-jerk reactions to market selloff

This week started with a strong reaction on the stock market, but Maria Bartiromo warns against knee-jerk reactions to market selloff. Knee-jerk is an immediate unthinking emotional reaction produced by an event or statement to which the reacting person is highly sensitive; it`s origin is thus: from the tendency of the knee to jerk involuntarily when hit sharply, properly called the patellar reflex.

Apple can plunge because of the virus disaster in China, but not all the American blue chips are like Apple. Check your portfolio and find out what exposure your companies have. You don`t have to sell all your stock today, Maria said live on Fox on Monday.

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Former Reagan economist Art Laffer said it is the longest recovery in the U.S history, and it is all because of Trump

The Hate Trump Media Mob said Trump will never be a president. The day he was inaugurated, they said he was stupid becuase he wanted to cut taxes. They also said he can`t run the White House like a corporation.

But millions of people voted for Trump and it seems like the majority of the people did the right thing. 61% of the Americans say they are better off today than three years ago (Gallup). Trump made it easier for for ordinary people and corporations by cutting the taxes, and this is why the American economy is booming.

Barak Obama want some credit for it. «Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history,» he wrote in a tweet yesterday.

Former Reagan economist Art Laffer said it is the longest recovery in the U.S history, and it is all because of Trump.

Obama printed money but the recovery was very slow. When Trump entered the White House, things changed very fast. The difference between Obama and Trump is that Obama is a politician while Trump is an economist.

Trump is a businessman and he know how it works. In addition, he have support from economists like Steven Terner Mnuchin and Larry Kudlow. Mnuchin is an American investment banker and civil servant. He is also a former hedge fund manager and investor.

As Secretary of the Treasury, Mnuchin supported the tax reform of 2017 and advocated reducing corporate tax rates. He also supports a partial repeal of Dodd-Frank, citing the complexxity of the legislation.

Kudlow has also been in the game for a very long time. He is an American financial analyst and former TV host. He began his career as a junior financial analyst at the New York Federal Reserve. Later on, he jumped ove to Wall Street.

Kudlow joined the administration of Ronald Reagan as associate director for economics and planning in the Office of Management and Budget.

The U.S has strongest most durable economy in the world, Obama said during his 2016 State of the Union address. The job growth was strong under Obama. At that time, America has put more people to work than Europe, Japan, and all advanced economies combined, so Obama was correct.

I don`t care about left and right. For me they all on the same team. Let`s call it Team America.

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Nationalist party Sinn Fèin are celebrating a historic result in Ireland

The nationalist trend continues in Europe. Similar to the United States under president Trump. A poll on Friday last week revealed that Chancellor Angela Merkel`s party CDU dropped from 21,7 percent to «only» 12 percent. What a bombshell.

Only a few days later, we have a new bombshell. This time it is in Ireland were Sinn Fèin are celebrating a historic result. Sinn Fèin won 37 seats which is an increase of 14 on the 2016 election. Fianna Fàil lost 6 seats, but is the largest party with 38 seats. Only one more.

Image result for sinn fein

The IRA`s former political wing Sinn Fèin`s leader Mary Lou McDonald said the outcome was «something of a revolution in the ballot box». Sinn Fèin used to be a political wing of the Irish Republican Army (IRA), which fought for Irish unity during the decades-long sectarian conflict known as “the troubles.”

This election has been different from others and the main issues has been housing, healthcare and childcare. The answer to that is the nationalist party Sinn Fèin which is not a left-wing party but a nationalist party. A party more like a pragmatic party according to specialists.

This is a complicated phenomen because the party was changed to Sinn Fèin – The Worker`s Party in 1977 and then to the Workers’ Party in 1982. The party has been closely associated with the IRA. Natable organisations that derived from it include Democratic Left and the Irish Republic Socialist Party.

Before the split with the terrorist organisation IRA in 1969-1970, the Workers’ Party was a Marxist-Leninist political party. But the Marxist outlook became unpopular with many of the more traditionalist republicans, and the party/army leadership was criticised for failing to defend northern Catholic enclaves from loyalist attachs.

(These debates took place against the background of the violent beginning of what would become «The Troubles»).

Mr. Varadkar`s center-right party Fine Gael slumped in opinion polls amid crisis in housing and healthcare. They have been trading power for decades along with another center-right party Fianna Fail. A duopol that is now coming to an end.

Both center-right parties had ruled out an alliance with Sinn Fèin during the campaign, and Mr Varadkar said Sinn Fèin was «not a normal party.»

Sinn Fèin support a policy of «critical engagement with the EU», and have a «principled opposition» to a European superstate. It opposes an EU constitution because it would reduce the sovereignty of the member-states.

It also criticises the EU on grounds of neoliberalism. Sinn Fèin MEP Matt Carthy says the «European Union must become a cooperative union of nation states committed to working together on issus such as climate change, migration, trade, and using our common strengths to improve the lives of citizens.

If it does not, EU disintegration becomes a real possibility.

The phrase «Sinn Fèin» is Irish for «Ourselves» or «We Ourselves».The name is an assertion of Irish national soverignity and self-determination; i.e., the Irish people governing themselves, rather than being part of a political union with Great Britain (England, Scotland and Wales) under the Westminister Parliament.

Sinn Fèin is the largest Irish republican party, and a republican document of the early 1980`s stated: «Both Sinn Fèin and the IRA play different but converging roles in the war of national liberation. The Irish Republican Army wages an armed campaign….. Sinn Fèin maintains the propaganda war and is the public and political voice of the movement.

The British government stated in 2005 that «we had always said all the way through we believed that Sinn Fèin and the IRA were inextricably linked and that had obvious implications at leadership level.»

«This is not a protest vote», leader of Sinn Fèin Mary Lou McDonald said on national TV yesterday. Why people voted for Sinn Fèin is their deep dissatisfaction with the traditional big two parties in Ireland. What people ask for is an alternative party for government. Huh…sounds like AfD in Germany. Another alternative party.

The risk now is a destabilisation of the Good Friday Agreement. The Belfast Agreement is a pair of agreements signed on 10 April 1998 that ended most of the violence of the Troubles. A political conflict in Northern Ireland that had been going on since the 1960`s.

It was a peace agreement between the British and Irish governemtns, and most of the political parties in Northern Irealand, on how Northern Ireland should be governed.

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Soleimani supported Hezbollah in Lebanon and helped bolster the government of Bashar al-Assad, and he helped to plan the Russian military intervention in Syria

Iran is the no.1 state sponsor of terror and according to president Trump, Soleimani was a monster. Obama was taking out Osama Bin Laden and everybody said is was OK, but there is hysteria because Trump was taking out Soleimani who was a dangerous terrorist.

When Osama Bin Laden was taken out, oil prices did spike before it declined again, and we see the same situation now. But there is one thing that makes this case different. America has become the nr.1 exporter of oil, and that is a game changer.

Soleimani was designated as a terrorist by the U.S and the EU for his alleged involvement in attacks that led to the deaths of American troops stationed abroad. The entity he led, the Quds Force is considered a terrorist arganization by Canada, Saudi Arabia, Bahrain, and The U.S.

Soleimani supported Hezbollah in Lebanon and helped bolster the government of Bashar al-Assad, a key Iranian ally, during Irans operations in the Syrian Civil War. He also helped to plan the Russian military intervention in Syria. Some countries in Europe are also supporting Hezbollah.

Hezbollah allies are Iran, Syria, Russia, Lebanon, Iraq, Cuba, North Korea and Venezuela. They also get support from Amal Movement, Houthis and Hamas. Hezbollah was founded in the early 1980`s as part of an Iranian effort to aggregate a variety of militant Lebanese Shia group into a unified organization.

Hezbollah acts as a proxy for Iran in the ongoing Iran-Israel proxy conflict. Hezbollah was conceived by Muslim clerics and funded by Iran primarily to harass Israel. Its leaders were followers of Ayatollah Khomeini.

Hezbollah`s military strength has grown so significantly that its paramilitary wing is considered more powerful than the Lebanese Army, and they organized volunteers who fought on the Bosnian side during the Bosnian War.

Since 2012, Hezbollah has helped the Syrian government during the Syrian civil war in its fight against the Syrian opposition, which Hezbollah has described as a Zionist plot and a «Wahhabi-Zionist conspiracy» to destroy its alliance with Assad against Israel. It has deployed its militia in both Syria and Iraq to fight or train local forces to fight against ISIL.

ISIL stands for Islamic State of Iraq and the Levant, also known as ISIS (Islamic State of Iraq and Syria). Officially known as Islamic State (IS). Also known by its Arabic-language acronym Daesh.

ISIL gained global prominence in early 2014 when it drove Iraqi government forces out of key cities in its Western Iraq offensive, followed by its capture of Mosul and the Sinjar massacre.

The group has been designated a terrorist organization by the United Nations. ISIL is widely known for its videos of beheadings and other types of executions of both soldiers and civilians, including journalists and aid workers, and its destruction of cultural heritage sites.

The United Nations holds ISIL responsible for committing human rights abuses, genocide, war crimes, and crimes against humanity. ISIL committed ethnic cleansing on a historic and unprecedented scale in northern Iraq.

Their ideology is Islamic nationalism, Anti-Zionism, Anti-imperialism, Shia Jihad, Khomeinism, Anti-West and Antisemitism. Their religion is Shia Islam. Trump said he is trying to stop a war. Not to start a war. Huh. Is he trying to stop Islamic globalism?

Dow, S&P 500 and Nasdaq end at session highs amid tensions with Iran.

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Happy New Year 2020

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by | January 1, 2020 · 1:00 am