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Trends This Week – Trump imploding and the rigged economy – 08.03.16

Gerald Celente takes a deep dive into the news of recent days, especially the self-destructing Donald Trump and ever present war drums pounding in the background of the Presidential Reality Show. He updates listeners on critical economic trends, as well. Despite high expectations that the Bank of Japan would stimulate its nation’s foundering economy by driving interest rates further into negative territory, and that Prime Minister Shinzo Abe would fire his third Abenomic stimulus arrow, both missed the target. On the news that the BOJ held rates and the stimulus arrow was far smaller than markets anticipated, the NIKKEI trended closer to bear territory and Asian markets moved lower. Indeed, central banks are caught in a rate trap.