The Last Bubble
If you look at the Bubble Count section on our Home Page which we wrote five years ago, the last Bubble is the T-Bond Bubble which has yet to be popped, but it will in the next three years, maybe…Continue Reading →
Big Picture
Eureka’s Five Year Anniversary
Time flies and the big things don’t change that much. Since January 22, 2008, the macro issues that led to the crash in 2008 have been papered over and little things have improved but we are not out of the…Continue Reading →
Will Risk Takers be Rewarded this Year?
The following quote was carried on Reuters this past Saturday January 12rh. “(Reuters) – The biggest weekly inflow into U.S.-based equities mutual funds in more than 11 years could be a sign that stocks are coming back into favor for…Continue Reading →
A Peak at 2013
As in years past, we like to let the year provide a little peak before making the yearly forecast and projections. Note that this blog was first published on January 22, 2008. Our Annual Forecast will be presented in the…Continue Reading →
S&P is back in the 1419 to 1489 Trap
Back on September 7th we outlined the parameters of the trap area. The last minute, actually after the last minute by a day, avoidance of the Fiscal Cliff is making the market buoyant again and is pushing the market back…Continue Reading →
Merry Christmas, Happy Holidays
In spite of the holiday season the reality is that is is difficult to reject ones economic religion. The battle in Washington over the Fiscal Cliff is really a battle over abandoning the supply side Trickle Down Myth, the religion of…Continue Reading →
The Core Issue – The Supply Side Trickle Down Myth
Some ask me why I think there is a bigger than even chance that we all go over the fiscal cliff. For me it the core reason that I quit being a Republican ten years ago. It is simply that…Continue Reading →
Deficit Reduction, Austerity, and Deflation
Try as the market pundits try, and try as the trading speculators try, long gold does not fit into the scenario that is now being debated. All the choices are negative on gold. I suppose that you could try to buy…Continue Reading →
A little Bounce Here
Stocks seem to be in early stages of a bounce into the 1360 – 1390 trading range on the S&P. The primary driver is the movement in Washington for a less than adequate long-term approach to the fiscal cliff, but…Continue Reading →
Women and Minorities Give the Middle Class a Second Chance
It is difficult to focus this morning after getting home from last night’s Victory Celebration in Chicago. The markets beckon with streams of Red as apparently the Koch brothers, the CNBC crowd and their followers dump stocks this morning as…Continue Reading →