Today we will show the same 10 asset bubble picture as yesterday but go back in time in order to allow a review of how we got here, and more importantly why this is the end of the story. First,…Continue Reading →
In short, there no longer are any Growth or Value Stocks, there are only Liquidity Priced Stocks, the price is everything, nothing is tied to it. Growth is being siphoned off as money flows into Speculation and Value has no…Continue Reading →
Today we are adding a little more detail to the picture in order to see a broad Macro confirmation pattern finalize. This chart includes 10 asset factors, all indexed to 1.00 on February 24, 2021, which is the date that…Continue Reading →
Here is the chart I look at whenever craziness is rampant. So we had a market decline last week, and now we see all the CNBC pundits saying this was just a pause before new highs. Is it really a…Continue Reading →
Late yesterday and today has seen a bit of volatility as a Macro event has occurred and the old story of buy every dip in the stock market may not be the play, other than for a day trade. Now…Continue Reading →
This is my two cents worth published on Twitter today.
Have you ever tried to pop a balloon and all it does is resist the pressure? So it is sometimes tough, but Yes, somebody has to take the opposite side of the story. What if bond yields are declining because…Continue Reading →
The Hot Inflation numbers today are unleashing an exuberance that is crossing all barriers. Stocks, commodities, and Bonds are having a good week. Only Gold is a laggard. The stock market has held in nosebleed territory for so long, since…Continue Reading →
There is a lot to review at this time. Since May 10, 2021 the markets have been in what I call a “mess“. During this time we have seen two big events. The ascendancy of MEME stocks. And secondly the…Continue Reading →