More of the same. Jobs report tomorrow, the market is not worried, it thinks it will be a good report, over 250,000 new jobs, but if it isn’t, Janet will step to the plate and reassure it. Today’s letter from…Continue Reading →
It seems like the Bulls are selling breaks and buying rallys. Many times this is a sign of macro change developing. But then again, the FED is meeting today. Who knows what surprises lie in wait. Market guru expectations appear…Continue Reading →
Performance Numbers:
The FED meets for their January meeting this week. The players seems to be willing to continue to believe in FED magic, as the market this morning is trying to ignore the Greek election news in spite of overnight weakness….Continue Reading →
If one looks at a chart comparing prices of two Oil ETF’s, XLE and USO you can see how funny money and expectations based on funny money are baked into current markets. USO is a oil ETF that can be…Continue Reading →
Since the start of QE2 in November 2010, we have seen a complete transformation of markets based on a FED that believed/believes trickle down works. This has led to a number of outcomes: 1) The paper asset markets (i.e. stocks)…Continue Reading →
This is the time of the year when market analysts like to forecast the coming year. In our case the post dated December 11th 2014, “Right or Wrong” does a good job of outlining the viewpoint of Eureka-Perspectives. If one were to come…Continue Reading →
Something to think about as the year comes to the end. 2014_12_29 The Clash of Civiliazations
The current battle of the FED, in my opinion, is to try and stabilize the Oil markets. My contention remains that Oil is the second step in the Deflation scenario, Commodities were the first step. Oil’s major resistance is 88,…Continue Reading →
I don’t think so, but she is making a lot of stock market investors happy for the Holidays and fund managers will maybe look better than they would have on December 31st. Maybe she is really Santa Claus, kind of…Continue Reading →