We are seeing the end of 40 years of moving money away from the people. Today we are seeing the final reaction to a black man winning a Senate seat in the old Confederate South, a first. Markets are on…Continue Reading →
Yesterday’s market action was a little warning, but with all the excess trading dollars built up over the past 40 years, it is easy to get bounces like today. By the same token, market risks are multiplying at an enormous…Continue Reading →
As they say, “the trend is your friend until it is not”. With that said we will set aside the meltdown risk window of 30 to 60 percent on stocks which could happen at any time Instead we will look…Continue Reading →
We are talking about the Macro environment which depending on your criteria, started in 1980 with supply side trickle down economics, or 2011 with Bernanke’s QE 2, 2017 with Trump’s tax cut for the top, or 2019 with Powell’s capitulation…Continue Reading →
A Special Report: Pundits these days scoff at talk of a massive, maybe 40 to 70 percent decline in stock prices in the coming year. A look at the FANG / Nasdaq stocks illustrate how easy that could happen. All…Continue Reading →
Economy is kind of at a standstill. Money that is being lost in the economy is being barely offset by the FED, and the current so called stimulus bill held up by and now ok’d by Trump is not going…Continue Reading →
Enjoy Christmas Eve 2020.
We are just starting to see some glimpses of what a more balanced economy will look like. The lopsided approach that has dominated the country since 1980, when Reagan started the supply side, trickle down movement, is ending, albeit with…Continue Reading →
As you know I do not believe the reflation story is going to happen from here. In reality it started in the summer of 2019 when interest rates were pushed down to ridiculously low levels and is now ending. Will…Continue Reading →
Here is the chart of the dollar and the successful retest of the March 2009 high at 89.63. Last nights low was 89.73. March 2009 was the start of the S&P run, does this mean the stock market has run…Continue Reading →