Inflation in Context
Why no big inflation? There is a lot of lamenting the fact that we have not seen much inflation since the 2008 Crash and the FED should not be raising rates. I would point out three things: You have to…Continue Reading →
Why no big inflation? There is a lot of lamenting the fact that we have not seen much inflation since the 2008 Crash and the FED should not be raising rates. I would point out three things: You have to…Continue Reading →
The Long Story One only has to look back to the April 2011 Bernanke QE2 announcement, that is when the US decided that it was not going to use stiff measures to punish the offenders that created the setup for…Continue Reading →
Who am I talking about? Try the Market Bulls. Yesterdays buyers, the players whose buys in the S&P yesterday probably averaged around 2710, a level to watch when things unravel in December. In the meantime, China Tariff resolution hype will…Continue Reading →
Trump’s harassment of the FED highlights the point at where we are in the Macro Cycle and how much the other loud mouth cry baby , CNBC’s Jim Cramer is to be focused upon now. Maybe a look at the…Continue Reading →
The Market is headed much lower.. The market has put some time in recently pivoting around the S&P 2689 price swing level. Now we are seeing a push through that area, and yet market players are talking about where the…Continue Reading →
There is a lot going on at the moment, but it may or may not be a time to actually do something. The Fracture which started on January 26, 2018 seems to be closer, see chart below. Trump has brought…Continue Reading →
Last week we started seeing the markets take into account the repercussions of the government giving away a lot of money to corporations and the wealthy. The chickens are just starting to come home to roost. Interest rates are adjusting…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 →
and continues to retreat. The fracture line, to repeat is based around long gold, long 30 yr bonds, short 2 year bonds, short commodities, and short the dollar. The underlying first force is the FED raising short term rates and…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 →