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 →
We all know Yellen has a problem. Basically, QE3 and the knock-offs instituted around the globe do not address core economic problems that could increase consumption. This is because the money has been funneled into a non-productive area of the…Continue Reading →
With the FED bounce now behind us we can look at the various scenarios that could develop here: The FED does nothing, Macros take over, stocks go lower The FED raises rates, Macros take over, stocks go lower. One thing…Continue Reading →
The 2070 S&P Bounce target is now history, actually went through a few points to 2079. In a sense this is amazing to have seen this play out. You know what to do from here. The dollar looks set to…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 →
If one takes a look at the ten major sectors rated by macro trend, 1 being the most bearish, 10 the least bearish (all are in downtrend), we find that the most bearish have had the biggest short term rally as…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 →