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Euphoric Backdrop…

Fascinating interview on CNBC this morning. CISCO CEO Robbins talking about how people and corporations will keep buying into kind of a climatic euphoric event. This is probably a good way to look at where the market is at this…Continue Reading →

Automatic Model Equilibrium…

Forward monetary market driver changes this morning, i.e. interest rates, yield curve, dollar, are bringing a negative vibe to the market equation. The only thing that can overcome that negativity is animal spirits, i.e. the Market Multiplier, initially this measure…Continue Reading →

Headwinds…

The markets now face a tough decision. The stock market drivers are positive, even softening gold seems ready to join the party. But macroeconomic drivers are on an opposite course at the moment, and consumer polling sentiment is terrible. The…Continue Reading →