Long time readers know that our concerns for a deflation based economic and market cycle have been the primary driving force behind our market positioning. Stock market activity since QE2 has been of a reflationary posture, a posture that cannot get…Continue Reading →
As we mentioned yesterday, we will be adding a subscription tab on this website that will provide access to our portfolio views, positioning and changes in those, you may email us at eurekaps@mc.net for information on that aspect of our site….Continue Reading →
This is not a new revelation by us for this phase of the 2000 to 2017 economic cycle. You can look back to our comments in 2009 when we were advocating a much bigger infrastructure buildout that would have put…Continue Reading →
Try thinking of the FED as a gun shop that farms out the manufacturing of its most crucial component, the trigger. At the moment a majority of market players believe that the FED is working on the trigger inhouse, i.e….Continue Reading →
At the moment this is a purely techncial call. It seems like we have been long the dollar forever and it has gone up some from our entry levels. The problem is; that from a long term momentum basis it…Continue Reading →
Happy talk continues , consumbers borrow for new cars, Washingon floats crazy budgets. What is not to like? Maybe just a rising risk meter.
And therein lies the the dilemma that Washington faces. The Republicans apparently don’t understand the the equation and will end up being blamed for all kinds of bad things that will evolve. In a way though, maybe this is the…Continue Reading →
Ben basically said he would offset anything that the administration and congress implements. No doubt he will try and in the process he will broadly increase the long term risks in owning any kind of asset. My view trys to…Continue Reading →
I imagine that you once in a while read an opinion piece and think, why didn’t I think of that. Anyway yesterday’s column by David Brooks in the NYT hits the nail on the head in my opinion. http://www.nytimes.com/2013/02/26/opinion/brooks-our-second-adolescence.html?smid=pl-share
Will Bernanke cave in to Congress again, or will he call a spade a spade. All of you know well that I believe Bernanke has made the problem much worse with QE2, QE3, and whatever you call the version we…Continue Reading →