The stock and metals markets are seeing a lift today as they move back above the swingpoints mentioned yesterday. Our view on the bond market is becoming more solidified as we are putting more emphasis on long term value and…Continue Reading →
With the coming election and expectations that the Fed will step in aggressively if things get really bad, an alternative scenario is that the markets through the election are going to be a sideways affair. That would mean on the…Continue Reading →
As they often say, there are a lot more middle class people than any other group. Now they have to finish the job that the markets started in 2008. They have to firmly entrench and expand the reforms started and…Continue Reading →
At least there is one Fed Governor, Laker, who speaks the truth, essentially he yesterday said that more QE will not solve the problem, ie the problem is outside the Fed. No change in views other than on T-Bonds, while…Continue Reading →
We are trying to keep it simple from a macro sense. We are long dollar and short stocks with the ag ETF DBA our only long commodity play. This ETF is up about 8 percent from the 27.10 breakout and we…Continue Reading →
We have seen the pattern in the US over the past couple of years, lower interest rates do not boost an economy or put people back to work. The opportunity to turn the world’s economy was missed in 2009 when…Continue Reading →
As all regular readers know, outside of my own analysis, I like to read John Mauldin and John Hussmann’s weekly comments, see links section. John Hussmann has a good article out this week, see here: http://hussman.net/wmc/wmc120702.htm The market in the…Continue Reading →
Friday’s rally was pretty impressive and overnight the strength has continued. While I hope I am wrong and the bear market is over, the fact remains that the market has yet to get cheap enough to indicate a long term…Continue Reading →