This summer especially, my focus has been all over the place, so maybe I could say I have not been focused. With the focus of this website supposedly dedicated to the junction of economics, markets, and politics, it would be…Continue Reading →
It is what people want. It is no accident that Trump dissed establishment Republicans, and they helped his case by dissing him. To the Grass Roots making America Great Again means tearing down the Reagan-Bush-Clinton-Obama establishment legacy. The big question is…Continue Reading →
The Macro Market action over the past month has three interesting parallels over the past 25 years. January 1991, February 2001, and April 2008. In 1991 the goal line stand worked, in 2001 and 2008 it failed. You takes your…Continue Reading →
The U.S. Dollar decline seen since early December has gone down to the point where it offers extreme value under 92.77. The Stock Market Top continues its 26 month formation pattern dating back to February 2014. The Macro Deflation wave…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 →
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 →
The Fed talks a lot about their dual mandate, the inflation rate and employment levels. And with that approach they have totally ignored a higher level of performance, what I will call “Do the Right Thing”. There low ball approach…Continue Reading →
In watching the Donald’s one hour summation of the primary election, the country, and everyone who doesn’t get it, i.e. “The Stupid Babies”, I do have to marvel at how he can spin a tale that has just enough correctness…Continue Reading →
The time back before the mid-1980’s, a time when fundamentals mattered. A time when the ramp up economics after WWII had to be brought back to reality by Paul Volcker when inflation got out of hand. This was a time…Continue Reading →