By the beginning of next decade the US dollar should be much lower, and the Oil price and US bond yields should be much, much higher.

The events that lead to the Financial Crisis began with "The National Homeownership Strategy: Partners in the American Dream".

Launched by Bill Clinton in May 1995, both Democrats and Republicans came to support this strategy.

Strong growth in world demand for refined petroleum product will put upward pressure on oil prices.

We look at the improving path of US corporate earnings and its heady rise since 2016 . We conclude that the S&P 500 is only moderately overvalued . We then look at the ASX 200 and find the same.

The Euro is extremely oversold. The Aussie dollar is moderately oversold. By year end we expect the Euro to go up followed by the Aussie.

We believe that Trump has three major objectives in his trade dispute with China. The first has already been achieved.

We look at both markets and find that the US market is moderately overvalued and the Australian market is only slightly overvalued.

Both can continue at this level for some time.

We look at seasonal variation of Brent and West Texas, both usually begin a seasonal fall after August.

Improved commodity prices will support the Australian economy while the RBA holds interest stable until 2020.

Household consumption rises are sustainable. They are sustainable because more people are getting jobs.