The yield curve is showing what happens when you have a FED that doesn’t address the problem, i.e., the ballooned FED Balance Sheet. The timid response of raising the FED funds rate 4 or 5 times is not going to…Continue Reading →
Some of the stock indexes hit their 200-day averages yesterday, namely the FANG and DOW indexes and we are getting a bounce. This may last for a day or two, but do not be surprised at the Market Bubble that…Continue Reading →
I know I have promised a 2022 outlook for the markets, however as I look at forecast price levels, I see such a wide range of values that I think at this point, forecast values are not important. What is…Continue Reading →
One major thought for 2022 is that stocks will generally be under pressure due to over-valuation. Added to this pressure will be the costs of transforming the economy following the pandemic plus the wholesale impact of uprooting the supply side…Continue Reading →
Part of this I posted yesterday. More has been added today. This week, Market strategists seem to be agreeing that the market has hit resistance at the November to January highs depending on the Index. What they want to do…Continue Reading →
This is a late after the close comment. Today, market strategists seem to be agreeing that the market has hit resistance at the November to January highs depending on the Index. What they want to do next is where the…Continue Reading →
There are a lot of factors coming together this month. In a sense the numbers, the FED and commentators are finally admitting that the markets are not about productivity and earnings, but solely about the Funny Money pile that commenced…Continue Reading →
If one is under the age of 60, you have lived most of your investing life in a period of the FED put, where the FED was always at your back to bail out anyone who made a bad economic…Continue Reading →
Market moves tend to be dominated by short term players. At the moment it appears that we are looking at the second half of the 40-year supply-demand period. Later this week will will post a study that we have done…Continue Reading →
So far nothing really has changed in the makeup of investor positions. market has been rotating a bit but the main thing we are hearing from the CNBC crowd is new arguments for why everything is still ok. This will…Continue Reading →