Will interest rates ever rise again?

In this episode of the Keiser Report, Max and Stacy discuss the proclamation made by Donald Trump’s economic adviser that “interest rates will never rise again.” Does this mean that the real economy is dead forever and that all that remains is the false profits of an ever-rising stock market, which Trump says should be 5,000-10,000 points higher? In the second half, Max interviews Wolf Richter of WolfStreet.com about interest rates, property markets, Uber’s IPO and the future outlook for Amazon and Netflix.

[rt.com]

Although I'm nowhere near a real market analyst, it's fairly simple to understand the casino going on on wallstreet today. Max Keiser breaks down the fabrication that takes place I usually attempt in layman's terms. He explains how the market seems to be doing so good now on false pretenses. Not only have the tax cuts allowed corporations to buy back their own stocks, but how they also use money out of the central bank. Creating false earnings numbers and manipulating stock worth.

If you pay any attention to consumer buying, you should know that right now housing purchases are down, consumer buying is down, and new car sells are down. Basically what is going on is that corporations are over stocking their warehouses right now, again as we had before 2008. No one is buying because there are fewer people out there who can afford to buy. Employment numbers are a sham also. People are still recovering from 2007-08. Higher prices and health care are still causing housing foreclosures when people are working jobs that pay less than those they loss. Trade deals, the new NAFTA isn't working, tariffs are creating higher prices and job losses.

Take note of the Boeing mention!

This is a delusional reality within the delusional reality they sell us!

I suggest you skip the Bitcoin bit and jump to about 3:45 unless you want to add a little humor to your day.