What do I mean with that statement. Since the beginning of the year, and if you want to go back, all the way back to January 2018, there has not been a fundamental that would make you want to establish…Continue Reading →
On debt.. Longtime readers of this blog know that my approach is as much philosophical as it is economics. For me what is important at this point in the path this country has followed over the past 40 years and…Continue Reading →
A few more thoughts here to add to our earlier post today. We have seen a major technical breakout in the early trade today, but be aware that the CNBC crowd is investing most of their energy this morning into…Continue Reading →
Early trading today shows that we may be seeing the breakout from the top formation that keyed on the August 7 market action. Apple and Walmart Diversion Watch the Wall Street Diversion effort going on today with Apple and Walmart…Continue Reading →
The hype, the manipulation, the lies. It’s a strange quiet morning. Is this how the market rolls over after all the turmoil since January 2018. It is almost like the election will just be a confirmation of a new world….Continue Reading →
What are we talking about ? The market decline over the past 9 days. First what CNBC and other market media likes to say, it is about the fact that the President and Congress cannot agree on further stimulus. That…Continue Reading →
Here are my brief thoughts: Fed Highlights today 1. No ZIRP inclination 2. Higher inflation goal 3. Stimulation needed for economy What Really Happens 1. Debt in charge, FED, Fiscal, and Zombies 2. Yield curve steepens 3. Growth will remain…Continue Reading →
No new info to add. We will be adding a short unit later today or tomorrow in anticipation.
After rollover of the past two weeks, and the setting of the sell signals we are seeing a little bounce up in stock prices. The main thing that we are focusing on now is the projected hard down period between…Continue Reading →
In a sense we are seeing the Trump Chickens come home to roost. The tax cuts, the debt, the tariffs, the manipulation of paper assets, everything that he has done has been designed for headlines, not baselines. Sad to say…Continue Reading →