For the past 11 months we have seen the US markets playing the reflation scenario. One of the key parts has been an attempt by oil producers to try and get prices back to 2014 levels of more than $…Continue Reading →
The Atlanta FED second quarter GDP number estimates are looking good, except they are basically reflecting an increase in capacity buildout and an inventory build. I would assume that producers think there will be buyers. This will likely be where…Continue Reading →
First, let me say again, this blog is about economics and how the middle class survives. In my opinion, as a macro trader, there is more money to be made by trading against the Trump Agenda, rather than with it. …Continue Reading →
Yesterday’s Washington Post has a revealing interview of Tony Schwartz, Donald Trump’s writer of the “The Art of the Deal”. Much of the info has been heard before, but this article kind of put all the pieces together. Worth a…Continue Reading →
It was a movie, now it is our economy. All the craziness in Washington is no doubt the prime factor. We continue our 2017 theme since January 11. Here is the story behind our contrarian EXTH tracking fund. We are…Continue Reading →
Following up on yesterday comments that pertain to this issue. Maybe the strong stock market earnings are a key ingredient in the populist political movement. I am just thinking out loud here as I don’t hear this possible explanation being…Continue Reading →
Tech Frenzy Recently we have seen a frenzy of buying in Tech Stocks, the so called FANG type stocks (Facebook, Apple, Netflicks, Google, Amazon). If one steps back a bit, you might wonder, are these good investments or are they…Continue Reading →