That is what Japan is learning. It is what the FED has learned but is afraid to address. How many times do we have to say this. And now we have GDP at 0.5 % for the first Quarter. How…Continue Reading →
It would appear that market players are working under the following Dovish premise: Be long stocks because Yellen is a Dove. Be Short the Dollar because Yellen is a Dove. Be Short Bonds because Yellen is eventually wrong. It is…Continue Reading →
The recent campaign to push the dollar down which started at the beginning of March appears to have ended. While nothing has really changed in terms of real dollar strength, the crazy period that was tied to negative interest rate…Continue Reading →
We see the VIX measure of volatility going down to last summers lows at a time when my view risk is increasing dramatically. What gives, we should find out by Friday’s close. According to CNBC, the market is running on:…Continue Reading →
Yesterdays final push up by the S&P 500 towards the 2090.00 upside blowout target that we mentioned this past Monday, what I would call a false breakout that puts most sellers on the sidelines with fear in their hearts, was…Continue Reading →
The Market has set investors up for a high risk investment period. This weeks rally on the S&P to nominally take out two significant bounce highs of 2075.07 of April 1, 2016, and 2081.56 of December 29, 2015, sets the…Continue Reading →
While many money managers are trying to make a case for an Oil bottom, the fact remains that we have just seen the first indication that a bottom is forming. Maybe the best way to illustrate our view is to…Continue Reading →
Since our last comments on the Macro’s, March 21st, and the markets in general, March 30th, little has changed. The Macro directions have not changed. The market range based on the S&P 500 index has been 2022 to 2075 during…Continue Reading →
The big question is, how does our economy and the Global economy stop the deflation spiral that we are in ? Bernanke and his trailing puppy Yellen, have tried the route of QE, the expansion of Central Bank balance sheets…Continue Reading →