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 →
Back before Algorithms When animal spirits reigned and trading floors flourished, the day after a full moon was the time to fade the crazies. So today We had a full moon yesterday, and who are the crazies? While it is…Continue Reading →
I think it is pure and simple. It is waiting for the so called Trump Tax Reform, ie tax cuts for the big guys. Then they can cash in and let the rest of the country pay the bills. The…Continue Reading →
Market players initially think so but there are some Things to ponder: Macron’s victory in France .. Corbyn’s surprise showing in Britian..no doubt some of that is that voters realize they need to try and trash Brexit, they fear getting isolated in…Continue Reading →
A US President who gives away our leadership of the world is a wakeup call to anyone watching. The US will pay a dear price as well as will its assets. This is a fight between an economy that helps…Continue Reading →
For the past 11 months we have seen the US markets playing the reflation scenario. One of the key parts has been an attempt by oil producers to try and get prices back to 2014 levels of more than $…Continue Reading →
First, let me say again, this blog is about economics and how the middle class survives. In my opinion, as a macro trader, there is more money to be made by trading against the Trump Agenda, rather than with it. …Continue Reading →
Yesterday’s Washington Post has a revealing interview of Tony Schwartz, Donald Trump’s writer of the “The Art of the Deal”. Much of the info has been heard before, but this article kind of put all the pieces together. Worth a…Continue Reading →
It was a movie, now it is our economy. All the craziness in Washington is no doubt the prime factor. We continue our 2017 theme since January 11. Here is the story behind our contrarian EXTH tracking fund. We are…Continue Reading →
Following up on yesterday comments that pertain to this issue. Maybe the strong stock market earnings are a key ingredient in the populist political movement. I am just thinking out loud here as I don’t hear this possible explanation being…Continue Reading →