Vulnerability here…
At the moment the market has a problem, reasons are twofold; the animal spirits indicator topped at 3.15 on Monday and has dropped to 3.07 today. Bulls are tired. Reset coming up.
Archive for July 2025
Things are Evolving…
We are now some six months into Making America Great. So far chaos has reigned in a number of areas, but trends on employment and interest rates have been steady. To a certain extent that is due to a steady…Continue Reading →
Isolation…
Did the U.S. really win the trade war over the weekend? Or is this just another step toward isolation, maybe the rest of the world is calculating how to live without the U.S. as much as possible, Make America Great…Continue Reading →
Away we Go…
Making America Great Again-Unsustainably-all the stuff that makes no sense economically-tariffs-beating up on the FED-pushing dubious crypto deals-moving money to the top-is leading to a monstrous bubble-like total stock valuation 300 % of GDP-will give us a 29 style crash-down…Continue Reading →
Kick Back Day…
Today is a bit of a kick back day for the markets, they are selling off Climate Tech and the Russell and buying the expensive stuff. Being a contrarian against this dominant trend is usually a good thing for short…Continue Reading →
Change in Picture…
In the past three days we have seen a remarkable change in the ratio of the NDX to RUT with the Russell gaining on the Nasdaq 100 in a measurable way. That stabilizes the picture in a big way. It…Continue Reading →
55 Years…
55 years ago today, July 15, 1970 was the day I started trading on the floor of the Chicago Mercantile Exchange as a cattle trader. A lot has changed since then. As to the Markets: They look tired today, response…Continue Reading →
Weekly Strategy Update…
I am thinking that maybe a weekly update on thinking might be good every Tuesday morning during the summer, maybe longer. This approach can take account of our Climate Tech Model’s macro positioning and include micro items from the prior…Continue Reading →
The Mid-Year Baseline Update
Here is the link to our mid-year Baseline Forecast. We tried to be as comprehensive as possible. Mid-Year 2025 Macro Baselines… – Eureka Perspectives
Timing…
I think the Big Question for the economy is timing. In what order will things unfold.