It has been some time since we posted. In the macro sense there has not been anything to talk about. We saw 15 days that the S&P traded above the 2070 level, since October 23, and then it went below…Continue Reading →
No doubt the FED will try various things to try and push the dollar down, but rest assured the Dollar is in charge now. Also keep in mind that the kind of jobs being added now are shuffling jobs, moving…Continue Reading →
Larry Levins (Trading Advantage) comments this morning so much echo my thoughts, I thought , why not just post them here. Larry’s Morning Commentary Yellen The Chair of the FOMC was on TV again today explaining the…Continue Reading →
Working with Macro trends in a sense defies a persons sense of what is happening in any one day. In terms of the stock market the Macros turned down between late June and July of this year. The market then…Continue Reading →
Last night’s debate was a circus. As the party of the old white guys slowly moves to the horizon we still need to find a qualified candidate in either party. Along somewhat the same line yesterday, at one of our…Continue Reading →
With China and the EU adding fire to the deflation scenario we might really find out what the answer is to the big question. What is the FED’s Mandate? Is it really Price Stability and Full Employment? We know that…Continue Reading →
I always like to look at the data the FED has to work with in their meetings, especially now that we have a FED that is data dependent rather than one that is made up of economists with big picture…Continue Reading →
The on going debate of whether the FED should raise rates or continue to sit on their hands has been going on ever since QE3 was instituted back in September 2012, three years ago. Points that we have made over…Continue Reading →
The market is trying to say today that the Walmart crash is about the effect of a strong dollar. This could push the dollar index down to the low 90’s, but the Dollar Macro is still pointing higher. In reality…Continue Reading →
Today on Bloomberg Larry Summers went on a rant about no inflation and the weak global economy. He then goes on to say that the FED cannot raise rates because of those facts, which are probably true, even though the…Continue Reading →