Trump says he loves collecting tariffs. What he really means is he loves to collect taxes.

Trump Loves Big Taxes

If you love big tariffs, you love big taxes, because that's what tariffs are.

Admitting the Obvious

Even Kudlow Admits the Obvious: Trump is Wrong

Tax Cut - Tax Hike Difference

  • Trump's tax cuts went almost entirely to the wealthy.
  • Trump's tax hikes went to all consumers via higher prices.

Currency War

Meanwhile, Trump Asks the Fed Start a Currency War With China

And to top it off, consider the Fed's lie of the day: "Low Inflation is One of the Major Challenges of Our Time"

Yet, economists cannot figure out why the middle class is shrinking.

Go figure.

This material is based upon information that Sitka Pacific Capital Management considers reliable and endeavors to keep current, Sitka Pacific Capital Management does not assure that this material is accurate, current or complete, and it should not be relied upon as such.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD: Buyers keep lurking around 13-day old support-line

Having bounced off 13-day old support-line, EUR/USD takes the bids to 1.1085 during early Tuesday. 23.6% Fibonacci retracement and 4H 100MA seem near-term key resistances.

EUR/USD News

GBP/USD: On the back foot around 1.2130 amid Brexit pessimism

GBP/USD clings to 10-day EMA after fresh signs of no-deal Brexit. The UK PM writes a letter to the EU showing alternative arrangements to Irish backstop ahead of Germany/France visit.

GBP/USD News

USD/JPY: Bulls in control with eye on the 107 handle

USD/JPY holds in the newly acquired 106 territories, boosted again overnight in a risk-on environment where US stocks moved sharply higher. Technical indicators in the mentioned time-frame remain within positive levels.

USD/JPY News

Bullish levels to watch after Binance announces Venus vs. Facebook's Libra

Cryptocurrencies have been advancing once again, with Bitcoin topping $10,500, Ethereum clawing its way back above $200, and Ripple extending its gains.

Read more

Gold holds stable below $1500 amid few fresh catalysts

Gold awaits fresh clues to extend the latest declines below 10-DMA. With the lack of fresh directives, Gold remains below $1,500 during the Asian session. Gold awaits fresh clues to extend the latest declines below 10-DMA.

Gold News

Majors

Cryptocurrencies

Signatures