Month End Update
The last day of the month saw more of the buy on rallys / sell on breaks behavior by the market players coupled with their belief that oil is making a bottom. All in all, a volatile combination in the…Continue Reading →
Archive for January 2015
A New World is Evolving
Deflationary forces are quiet and deep. Consumer balance sheets for those under the $ 100,000 median are stagnant with borrowing taking up the slack. Cheap gas will help. We are living in a world where more is being spent on…Continue Reading →
The Macros are Asserting Themselves
Yesterday saw some significant downturns in the outlook for stocks. For some time we have been talking about the extremes expected as this deflationary macro takes hold. Those extremes that we have mentioned are $ 22 crude oil, 166 long…Continue Reading →
Market Complexion Changing
It seems like the Bulls are selling breaks and buying rallys. Many times this is a sign of macro change developing. But then again, the FED is meeting today. Who knows what surprises lie in wait. Market guru expectations appear…Continue Reading →
A little FED Anticipation Yesterday
Performance Numbers:
More Volatility and FED Week in Play
The FED meets for their January meeting this week. The players seems to be willing to continue to believe in FED magic, as the market this morning is trying to ignore the Greek election news in spite of overnight weakness….Continue Reading →
Economic Analysis/Blogs that we follow:
http://econintersect.com/ http://www.mauldineconomics.com/ http://www.hussmanfunds.com/ http://thechartstore.com/ http://davidstockmanscontracorner.com/ salientpartners.com/epsilontheory/subscribe
Lots of Volatility on the Rollover
The portfolio returns here illustrate the kinds of movement you see around Central Bank artificial money efforts.
Half Done, Waiting for Details on Greece
Stocks have had their Draghi bounce, now we are set to watch the rest of the scenario unfold over the next few days.
The Dead Consumer
If I thought that 80 percent of what President Obama outlined in the State of the Union message would be implemented, I would get bullish on the US economy. That does not mean that I would get bullish on the…Continue Reading →