Here we are two days before Thanksgiving, and the three Fairyland trades are quite euphoric and maybe thankful that craziness prevails. These three are Bit Coin, the Stock Market, and the T-Bond market. I am only involved in being long…Continue Reading →
Ever since the election the primary force of the stock market has been the 99 % hope of tax reform, it has to happen as the Republicans are in control. A lot of people, even some Democrats and Independents view…Continue Reading →
Now we are just waiting for the end of the month markups, Apple earnings, and the name of the new FED chairman on Thursday. It is too bad that it doesn’t appear that Taylor will be named. If Trump really…Continue Reading →
Macro Scenario In our previous post we outlined a macro scenario. Here is what we see: 1) The current economic cycle is ending. 2) Two aspects that have been prominent in the last half of the current cycle are low…Continue Reading →
We have said for some years, that October 2017 will be an important juncture in the long Cycle, the current portion which started in early 2000. We mistakenly thought that it would mark the point at which a major economic…Continue Reading →
This is so boring, the last nine months that is. Our portfolios are in a stalemate, making money in long gold and long bonds, treading water in short oil, and losing money in short stocks. It makes sense,…Continue Reading →
The three major Macro influences are starting to move off center. Our Tracking Fund, EXTH, which is long bonds, long gold, short oil, and short stocks is moving close to an upside breakout point. Every time in the past 8…Continue Reading →
The theme of Yellen’s Jackson Hole speech today, before the actual speech, is being described as a speech about how we have reached financial stability. Looks that way doesn’t it, takes you back to being a kid and building with…Continue Reading →
I will give him a little time to prove himself. He followed the tele-prompter well last night and was quite nervous and out of breath, not much of his basic bluster was allowed. That is good to see in a…Continue Reading →
Trickle-Down Economics Movement We will continue to push forward our long held contention, a move towards Trickle-Down Economics is not positive for consumer demand and inflation. The FED Hiking Cycle What is the FED’s current approach, three points.. First, they are…Continue Reading →