The Stimulus game continues. See Friday’s comments. Trump, Mnuchin, and Pelosi do the good cop thing, McConnell and the Republicans do the bad cop thing. As the election appears to be continuing to move to the Democrats side, the desire…Continue Reading →
Here is our Fed Influence chart updated through10:00 AM today. First, one has to keep in mind that this is an election market and that the people controlling the large piles of speculative cash are Trump supporters by and large….Continue Reading →
Here is what has happened, overall Macro index remains extended but well below August 7 highs. Here is the table of Macro inputs as of 11:00 AM CDT What is the point? The S&P and Nasdaq are out of sync…Continue Reading →
What is the main cause of stock market crash of 1929 and 1987? Experts conclude the crash occurred because the market was overbought, overvalued, and excessively bullish, rising even as economic conditions were not supporting the advance as well as…Continue Reading →
It is very simple, Republican politicians see the writing on the wall, they are going to lose the election, maybe even the Senate, so why not follow the playbook used after Obama’s election. ie, try to make the economy look…Continue Reading →
It’s still COVID. Stock market charts are being stretched but the bigger picture beyond this one measure is getting more dire. Here is the chart I follow on COVID cases. It turned up late yesterday. No surprise, the pushback on…Continue Reading →
One of my favorite actors and comedians, John C. Riley, occasionally in the past portrayed a Dr, Steven Brule, an academic kind of character who went into great depth in explaining some kind of phenomena in great detail, and then…Continue Reading →
This is a time to preserve for economic textbooks of the future. Chart updated at 10:00 AM CDT today.
Getting a little signal bounce the past few days, much like what we saw February 28 to March 4, right before the 30 % decline. In case you missed yesterday’s blog, here is a quick link to it:
You might might want to go to our Archives, see front page directory, and re-read our comments from four years ago.