Stock Markets Down Early Stocks were down 7 percent early today, our 3X Short ETF up 21 percent. This was a good place, 2722 level on the S&P mentioned a few days ago, for very short term traders to take…Continue Reading →
A Lot Of Heat We have taken a lot of heat over the last two years as to how the Macro Cycle would end. The January 2018 Fracture signal took a long time to play out. Our readership has dropped…Continue Reading →
The Big Three Don’t Matter Anymore.. Today FED Chairman Powell said that the FED is reaching limits as to what it can do, and when the next economic collapse comes around they will have to lean on Congress for more…Continue Reading →
What is behind this? There seems to be no limit on speculative money spilling out of the government. It seems like the lesson is, government deficits don’t count. Likewise the Federal Reserve balance sheet appears to have no limit funding…Continue Reading →
Based on the commentators, it would appear that a FED cut of 0.25 is in the bag this week. That may be the case, although the data may not support it now. But in any case if the cut is…Continue Reading →
The FED Reserve Additions (the infamous not QE) This belief that the FED addition of reserves to allow better liquidity is going to help the stock market is wrong headed. This FED action is just an attempt to forestall a…Continue Reading →
Central Banks are Learning Draghi’s difficulties at the ECB yesterday illustrated that low-low yields are not a good or easy answer. The Powell Dilemma Next Up is the September Federal Reserve Meeting and our guess is that they are going…Continue Reading →
We are seeing a lot of stocks, including the Fangs and the S&P index bouncing back up to the 200 day average. Pretty impressive, but it does not negate the November-December rollover. Probably my main concern is whether Fed Chairman…Continue Reading →
Powell’s Viewpoint.. We don’t think he has changed his real posture. There is no way to know for sure, but it would appear probable there is some bad stuff brewing in the macro data that will be seen over the…Continue Reading →