Subtle indicators are flashing signals that something much bigger than tariffs are evolving out of all the macho Trump talk. Also a side story is fermenting, the unravelling of Brexit, as more conformation of Russian influences in the vote. In…Continue Reading →
Yields are declining, curve is flattening, commodities are in rally mode, gold is continuing to decline, and stocks are rallying (S&P currently up at 2743). This is called a crazy Steve Mnuchin day, he got Trump to backtrack for the…Continue Reading →
The market seems to be treading water as it awaits the FFD today. Like what new thing is the FED going to announce? And the quote of the day from a smart analytics firm, “the twin deficits are a problem,…Continue Reading →
We keep being asked why we don’t believe the Growth Story. It seems very simple, most of the growth stimulus is piled on the Production side, rather than the Consumption side. It is true, the producers had to hire people,…Continue Reading →
The Overall Situation As we watch this coming week unfold probably the most important thing for 98 percent of investors is to rethink buy and hold which has worked for the past nine years. While I know that the party…Continue Reading →
Fed Chair Speaks to the Senate Today Chairman Powell gets grilled by Senate members. To me it will be important to see if he tells the same story and is consistent on the question answers compared to his presentation to…Continue Reading →
The New Fed Chairman Yesterday we got to see our new FED Chairman in action and I have to say I am the most encouraged in the Fed leadership since Paul Volcker left. Here is what I see as a…Continue Reading →
The Cheerleader The Administration’s cheerleader, Steve Mnuchin, did his best late last week with the chant “High Growth and No Inflation”. The energy of the Cheerleader feels like it does when a close game is almost out of time. This…Continue Reading →
Today we see the headlines, America first’s president bragging about his business experience, didn’t mention the six bankruptcies and TV show. The real story is the marketing of “the hope of trickle down” that is being managed by his Goldman…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 →