The shockingly poor employment number this morning may have a message imbedded in it. Maybe low interest rates are a signal that things are terrible, people and companies are not getting a growth message. And we see how well the…Continue Reading →
As the market unravelling moves forward the big question is where do investors hide. As our interest rate adjusted charts show, the ones that we have presented over the past couple of weeks, the first move was into various bond…Continue Reading →
Over the past eight months, since the election, we have heard a lot about rotation. And in a sense we saw a bit of that, switches between various equity sectors. Today we are seeing the first real rotation, money out…Continue Reading →
Powell and the Fed are coming up to a learning moment, the moment when bottom-up and middle-out replace trickle-down which has been dominant for 40 years. Where will they get their signals and smiles, have to start counting buildouts rather…Continue Reading →
For me the stock market was over-priced in January 2020. That is why I caught the COVID down move well. I didn’t know about COVID, But I was on board for the implosion. The first long bounce upward after the…Continue Reading →
can run into headwinds. Watching stocks for the last year is like going to Bonneville and watching attempts to set records on the salt flats. In most cases success is a function of having the car set up correctly for…Continue Reading →
This is a day that is so quiet that I have time to allow a thousand titles to come to mind. For those of you who follow this blog closely you have probably noticed that now I rarely write the…Continue Reading →
In an artificial market environment in which we all must play, an environment with overwhelming Federal Reserve influence, one never knows for sure if a signal is real or influenced. What we are seeing the past few days in the…Continue Reading →
Here is John Mauldin’s weekly letter. Always a good way to sum up the week. Tsunami Warning – Mauldin Economics
A big question has ballooned on the horizon as this blow-off event unravels. Will there be a day of reckoning for the economists, bureaucrats, and politicians who designed and supported a ten year artificial bull market that exploded inequality along…Continue Reading →