The fight for free markets is on, the Fed is fighting to maintain its role as God. Yesterday was a shot across the bow, and today is the return shot, this will go on for a while. The trend of…Continue Reading →
This is a big moment for the FED, they are behind the curve and will be even more behind the curve after today’s meeting results, but they will have to talk tough. Regardless, after an initial kneejerk down in asset…Continue Reading →
After this Wednesday’s meeting the market has its work cut out, that is to reduce Fed influence going forward. A couple of factors will help, 1) one is the fact that the market can basically ignore what the Fed is…Continue Reading →
1:20 PM Update added: I will just keep talking about artificial markets and the stories that keep being told by the Fed followers. Little of it corresponds to the real situation, although the recession/crash story will be coming within a…Continue Reading →
I was going to expand on interest rates this morning, but seeing as I already have my position on, long the TLT, anticipating that rates have topped for this cycle, and seeing today’s GDP estimate, -1.4%, and CPI coming out…Continue Reading →
The talk currently dominating the economic media space is the job the FED has to do is beat inflation. What is not talked about, but which is a bigger goal; is for the markets is to conquer the conspiracy between…Continue Reading →
MY views are out there in terms of how the overall markets come out of the 4150 to 4662 SPX consolidation phase. We are committed to a belief that the breakout out of this range will be to the upside…Continue Reading →
Before I get into my analysis of the Current Market Setup I would like to review how we got to this point. As long-time readers know, I have been talking about how an abundance of FED action starting with QE2…Continue Reading →
Fed Bully Pulpit yield curve manipulation has been trying to push market down, three pushes down to SPX 4370. since 1/25. The SPX 4370 to 4570 trading range has been fun, but it is getting a little old. So rather…Continue Reading →
This is a morning to watch, positions are in place. We have three markets that are stretched and two markets that are in limbo. The stretched markets are commodities/oil, interest rates, and the dollar, while the two markets in limbo…Continue Reading →