And why is that? Probably because he is not a cheerleader like all the others. Even Paul Krugman hates him, and most people hate Paul Krugman. I am sure that David is closer to the truth than Paul. http://www.nytimes.com/2013/03/31/opinion/sunday/sundown-in-america.html?smid=pl-share http://krugman.blogs.nytimes.com/2013/03/31/cranky-old-men/?smid=pl-share…Continue Reading →
The Macro indicators that I lean on (and include T-Bond, dollar, commodity, and gold inputs) are not confirming that the S&P high close today is an indication of anything but a narrow focus on the only game still in town. …Continue Reading →
The next three days are the key period in this whole show that started with QE2 three years ago. If we get an upside breakout in stocks that holds through the Wednesday close we will exit our short stock position,…Continue Reading →
The Financial ETF “XLF” had a high of 18.37 yesterday. To put that in perspective the low for that ETF before the run into the bubble in 2007 was 18.52 in October 2002. The bubble high that followed in May…Continue Reading →
On our links page we have three links. We don’t need more because they are some of the the best available. One is John Hussman’s link. Here is a little piece of a much larger analysis that he published last week:…Continue Reading →
The headline today is a reflection of our headline Bottom,Bottom, Bottom on March 3, 2009, you can read the post in the archives. We were three days early on that call, maybe we will be better this time. At that…Continue Reading →