Yesterday, our Macro Cycle Stock Market Indicator turned Bearish. Looking back at this indicator, for years it was bullish as the various QE’s kept the market in an upward direction. In July 2015, it turned Bearish and stayed in that…Continue Reading →
I have been trying to say nothing about this election, having from my perspective said it all back on July 25, 2016. But the reality of it all is falling into place. Starting with the Reagan Administration, the focus in…Continue Reading →
What is that sucking sound? Why is inflation not in the picture, why does deflation loom on the horizon? So many questions and maybe the answer is so simple, the global easy money is going to the paper asset speculators,…Continue Reading →
This summer especially, my focus has been all over the place, so maybe I could say I have not been focused. With the focus of this website supposedly dedicated to the junction of economics, markets, and politics, it would be…Continue Reading →
The unexpected passing of my webmaster Peter this spring has prompted me to re-evaluate the goals and approach that I am taking. Our last post prior to today was on May 25th. In December of 2007 he and I talked…Continue Reading →
Here is a letter that outlines my political thoughts at the moment. I sent it to Senator Durbin this morning. Mr Durbin: I was a supporter of Barack Obama in 2008 and 2012. I am retired now but was a…Continue Reading →
Over the past 5 years we have talked a lot about the QE program which Bernanke started and Yellen continued and is afraid to end. And to make things worse, Central Bankers around the Globe have aped the movement. I…Continue Reading →
That is what Japan is learning. It is what the FED has learned but is afraid to address. How many times do we have to say this. And now we have GDP at 0.5 % for the first Quarter. How…Continue Reading →
It would appear that market players are working under the following Dovish premise: Be long stocks because Yellen is a Dove. Be Short the Dollar because Yellen is a Dove. Be Short Bonds because Yellen is eventually wrong. It is…Continue Reading →
The recent campaign to push the dollar down which started at the beginning of March appears to have ended. While nothing has really changed in terms of real dollar strength, the crazy period that was tied to negative interest rate…Continue Reading →