Archive for March 2016

Week of May 16, 2008

Yellen’s comments yesterday are a fitting tribute to “last tries” activity. Essentially she said the Deflation direction is still in place and she is desperate. Market players took this to mean that Risk-On is back in vogue. In my opinion, nothing could be…Continue Reading →


I view the article in today’s New York Times by Nicholas Confessore, copied in total below (for some reason I had trouble with the link) , as one of the best this year in terms of describing the dynamics of…Continue Reading →

Big Picture Day

Nobody said this would be easy.  What are we talking about? We are talking about the primary bounce after the Macro Down signal given last June on Stocks.  Points to consider now are: We are seeing the dollar now testing…Continue Reading →