And here we go gang… The FDIC Fridays are back after a Federal Reserve artificial pause so the party might get going every Friday night […]
Category: ECONOMICS
On November 1st, the Federal Reserve Chooses Stagflation
Welcome to Fed Day boys and girls. In the days of old, it was not a big event. Way way way back, when yours truly […]
The US Economy: Here’s Your Sign (Video)
All is well. Remain calm. The middle class is booming. The poor are living the high life, they are only rioting because of the bad […]
The Faith in Models Will be America’s Undoing
For the long time followers of these pages dating back to 2007, this opinion piece shall not come as a major shock or surprise. But […]
Gen Z and the Millennials Are About to Get a Rude Awakening (Video)
This afternoon, one of my online cohorts re-X’d (?) a video from a Gen-Zer which is far more typical than people think: This video is […]
10.18.23 Stock Market Report: It was a Ranch Party
For those of you not on the inside, you might not get this. However for everyone else, the truth is pretty clear and ugly as […]
The Cumulative Inflation Dilemma
The media and the Fed seem to have declared victory over inflation this week. If this is your first experience with inflationary periods like this, […]
The Consumer is Toast
The media has been hyping the consumer is still strong nonsense for many, many months now. To the point that has become nauseating propaganda which […]
10.09.23 Marketwatch: Yeah, I’m Gloating
I don’t always get it right, but when I do, kiss my hairy, sometimes gloriously tanned arse. The markets rallied today in the face of […]
10.09.23 Marketwatch: It’s a Sucker’s Game
The angst over the Middle East War, the irregular strength in the US economy, rumors of financial institutions having problems with bloated reserves full of […]
The Economy is Sinking so Follow the Smart Money
During the past week, there were two striking television segments which caught my attention regarding the financial markets and the coming collision between higher rates […]
10.08.23 Middle East Stock Markets Reflect the Turmoil
The Middle East War has obviously impacted equity markets in the region this morning. Israel’s TA-35 opened down sharply, just over 7% and recovered some […]
10.06.23 Market Report: No, Non, No, Nyet, No, No
Markets like this bring back memories. The morning started out with the “nobody got the NFP correct” including yours truly. I expected a hot number […]
10.03.23 Equity Markets: All and All, Just Another Brick in the Wall
The doom is palpable. One of my favorite accounts, of whom I do not always agree, posted a warning today on FinTwit (Financial Twitter) which […]
Precious Metals are Doomed for Now
Last night I highlighted what was a lackluster quarter of equity trading which continued today with more institutional distribution but low volume and very poor […]