Occaionally we see articles that make so much sense that you wonder why no one is talking this way. See Ezekiel Emanuel’s article “We Can be Healthy and Rich” here: http://opinionator.blogs.nytimes.com/2013/02/02/we-can-be-healthy-and-rich/?smid=pl-share
In my opionion Jack Lew is exactly the wrong guy for Treasury Secretary and my thinking goes along with what we said on January 8. We need a deep non-fed economist for the issues coming up. Here is what Wikopedia…Continue Reading →
These will be two of the big pieces of the coming Financial plan. Doug Cass includes the transaction tax as one of his big surprises for 2013 and Chuck Hagel will pare now the military. It really shouldn’t be a…Continue Reading →
Obama is in a place where he can do something big in terms of the country and the economy. This will require the high road, getting a strong Treasury Secretary, and an economist or two from out side the Boston…Continue Reading →
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 →
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 →
John Mauldin, who we comment on frequently, has put out two excellent pieces in the past two days, one written by A. Gary Schilling and one by himself. Yesterday we mentioned the Schilling article. Links for both articles are given…Continue Reading →
Implementation of a Macro Strategy 1. Implementation of a macro strategy involves, first a fundamental model of factors, secondly a reliance on macro relative strength indicators, and lastly a view of macro chart patterns. Moving average indicators, a core ingredient of…Continue Reading →
Ever since the dollar bottomed in April 2011 the Fed has been relentless in pursuing a policy that tries to destroy the dollar. In the 17 months since April 2011 the Fed has pushed the long bond up 32 percent,…Continue Reading →
Our generally defensive overall posture continues with our best position at the moment being the short T-Bond position. While this trade is part of a long-term perspective, we will take it off today as the good economic good news of…Continue Reading →