Out With The Old, In With The New! – 01.23.2017

President Trump poses a grave threat to the Washington establishment. There is no knowing how this will pan out. The grim Obama legacy. How they twist the work force statistics and the horrific consequences extrapolated for the future. Another major loss for the retail sector: American Apparel’s Limited Stores (The Limited). The world’s most innovative companies. The real earnings report (ignored by the financial press). The student loan default rate, approaching 50%, is much, much worse than publicized. It represents a default of staggering proportions.