A little Weekend Reading
Here is John Mauldin’s weekly letter. Always a good way to sum up the week. Tsunami Warning – Mauldin Economics
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What goes Around, comes Around
A big question has ballooned on the horizon as this blow-off event unravels. Will there be a day of reckoning for the economists, bureaucrats, and politicians who designed and supported a ten year artificial bull market that exploded inequality along…Continue Reading →
Blow-off
How do you know you are in a blow-off, for me it is the time when you cannot believe a breakout signal has just occurred. I have maybe been around too long for the current period, but 2008 was the…Continue Reading →
Reopening Quandary
The chart we showed you yesterday showing the 144 day cycle of the S&P and how the current move is totally a FED inspired move. Yes, there are all the secondary things like Trump tax cuts, Trump tariffs, Covid, the…Continue Reading →
2011, a missed teaching moment
This website was started in early 2008 as I saw an economic scenario building that was not sustainable. The great recession that grew out of that scenario caused a lot of pain. It could have been a time to put…Continue Reading →
Victory is at Hand
It has been a long 18 years since I left the Republican Party and repudiated what I had been part of for the prior 20 some years. I started my trading company in 1979 and initially embraced the Reagan trickle…Continue Reading →
When is the Blowout, Why not Soon ?
We are living in a time where the breeding grounds for parabolic moves are multiplying. Interest rates and dollar value could be next. At the moment there seems to be underlying sentiment that the dollar up move over the past…Continue Reading →
Very Narrow Leadership
Obviously my path over the past 50 some years, being focused on the concept of hedging assets when overvalued, has not served me well in the current fluff environment. Today it may be instructive to look at what is leading…Continue Reading →
One Thing for Sure
We are sitting at a time in the economic universe when conventional measures sit at extremes. To me this means not so much what changes things but that things will change dramatically from here. Over the past year I have…Continue Reading →
Interest Rates, Biggest Risk at this Time
Market players seem to believe stocks have another leg up. But the great equalizer is waiting in the wings, the ten year rate. The hoped for reopening boom is the driver behind all this. Will it really happen? Simple swing…Continue Reading →