Euphoria In the midst of the euphoria this morning on stock prices, here is a look at what has occurred over the past six months as the Fracture that unfolded between January and March went into a holding pattern over…Continue Reading →
What has happened to Moderation. All around us, whether in the economy, the stock market, politics, seemingly everywhere, there is no middle ground anymore. In the case here of the stock market, we see a rising chart, prices on the…Continue Reading →
Todays 2nd Quarter GDP update continues to show the same story we have seen since the US Tax Changes went into effect, money going into Tech and Equipment buildout with stagnant consumption and exports. That buildout will be good if…Continue Reading →
Unless you are day trader or you are getting out of your long positions, today’s new highs in the S&P are meaningless. Various Fed indicators are starting to show the effects of a one-sided tax influenced spurt. I look for…Continue Reading →
It is a Predictive Factor. 2. Our guess is that the Government Debt Funded Tax Cut economic rally peaked in July, with the August numbers being the start of a rollover that will accelerate in September. 3….Continue Reading →
Fake News We are talking about Fake in terms of what is driving the strong US 2nd Qtr GDP numbers, it appears that a significant portion can be credited to front running by China on US purchases prior to the…Continue Reading →
Late Wednesday afternoon… So what is the surprise? The Fed met…. Yields are flattening… Our leader is looking like a Communist.. North Korea, Russia, and China are becoming his buddies… Women are big primary winners… Need we say more… Things…Continue Reading →
Just feeling a little frisky this morning, watching the fracture chart evolve is fascinating. Today we are see a bit of a bounce in the fracture line, this will take a long time, but when it occurs it will be…Continue Reading →
One text and everything is ok. That may be true or that may be not true. Fake News is now the most important influence in the world. So far the important dates of January 25 2018, and March 14, 2018…Continue Reading →
The Philly Fed and Empire State early May surveys of manufacturing numbers show that the executive suites are still buying the hope and awe story, while risks to a good outcome multiply. All this is a continuation of the manufacturing…Continue Reading →