The budget battle will now start to overwhelm QE talk. A real Washington and countrywide conversation will involve putting everything on the table and end up sharing the pain. They are not even in the ball park at this point. Cutting entitlements,…Continue Reading →
That is what the market believes even though all the pundits say otherwise. QE2 showed that Bernanke believes the only way to to save the economy is through inflation. Ironically there are only a few people in Washington who will…Continue Reading →
The nuclear crisis has everyone’s attention and the market until today has tried to ignore the situation. Our computer models on the S&P 500 remain 80 percent long coming into today’s action. This is probably to be expected because the models,…Continue Reading →
As more and more people come to realize that the stock market value, commodity prices, and GDP are primarily a function these days of Fed easy money to the big guys, a better indiator of the true health of the…Continue Reading →
While all the markets, commodity and stock, have had their upward runs out of the September 2010 Fed Scare levels when Ben panicked, deflation remains as the macro factor. Employment is going to make modest gains this year and manufacturers…Continue Reading →
Here we are providing a table of numbers for the markets we watch most closely, a combination of ETF’s and Commodities. The first calculation column is the percentage change from September 1, 2010, the announcement of QE2, and the start of the…Continue Reading →
Everyone who attempts to forecast a period of one year forward always says they are not sure why they attempt something that is basically unknowable but then go ahead and do it. I guess I am in the same camp. …Continue Reading →
The kind of action that we have been seeing recently in Gold and Sugar will probably roll into the other markets, both commodities and stocks. Both buy and sell signals will have little follow through. The 1070 to 1290 S&P…Continue Reading →
Geithner warns of future interventionGovernment ‘may have to do exceptional things again,’ Treasury secretary saysBy Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) — Treasury Secretary Timothy Geithner warned that the U.S. government may have to take control of major financial institutions…Continue Reading →
As 2011 unfolds the forecasts coming out of Wall Street seem to be very consistent. Stocks will have a good year, the S&P 500 is forecast to have around a 1250 to 1450 range. Bonds are forecast lower. The dollar…Continue Reading →