My path on economic matter tries to adhere to a balance between investing, saving, and speculating. Within the current long cycle economic policy has pushed, whether intentionally or not, away from interest rates that provide incentives for saving and instead…Continue Reading →
I have mentioned the book “the Fourth Turning “ to all of you a number of times. One core item of the crisis period that is believed to be close at hand…. “It’s in the Air, how the crisis aspect…Continue Reading →
With Powell’s FED comments today we see an approach where he is willing to do nothing until he sees the whites of the eyes. Those whites will not be of a strong economy, but more likely the whites of the…Continue Reading →
Markets are basically quiet, sitting and hoping for something from the FED this week to spur more excesses. Let’s see if they get it. I plan to do more selling on Wednesday.
It is in my tweet for pasted today.
Today it is easy to feel out of touch. Nominal prices are going through the roof, the stock market is basing it’s view on higher means even higher, real value has no place. All I can do in this kind…Continue Reading →
As I stated yesterday, we are in a long-term adjustment move. The little kernel of truth inside the upside bounce today is the junk bond market. Interest rates there are rising at the same time the 30 year bond rates…Continue Reading →
We are starting a time when the Pandemic withers and a certain level of normalcy is attained. As we have said many times, this will be the tough time for the market. For the past twelve months a hyped market…Continue Reading →
is the biggest reason for market concern now. There is no sense of the situation that is facing America at this point and the fact that things will only get better if everyone works together. If I were President I…Continue Reading →
Obviously I am watching the very beginnings of the sinking of a big boat. What I see is a lot of scrambling, as investors think they can find a solid life boat. Things like moving into value stocks or the…Continue Reading →