Sorry folks but had to hit the road for an unexpected business (supply chain related) issue. I should be back and publishing in full tonight.-John
End of An Error
Parting is such sweet sorrow. And with those words I bid adieu to Federal Reserve Chairman Jerome ("Jay") Powell who held what should be his final presser in that role. There is no point in reviewing what he said but let's take a moment to look at the final FOMC meeting with the statement published today: April 29, 2026 Federal Reserve issues FOMC statement Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, on average, and the unemployment rate has been little changed in recent months. Inflation is elevated, in part reflecting the recent increase in global energy prices. The Committee seeks to achieve maximum employment and inflation at the rate…
A Preparation for Hyperinflation or Worse?
While these pages were busy recovering from surgery, a story…
Wash, Rinse, Repeat: Stocks Hit Another All Time High
But Where oh Where Have I Seen this Before Before…
Trucking’s Pre-Recession Warning or Impending Recovery?
The recent recessionary directional indication from the 4th quarter GDP…
Market Deterioration is Accelerating
If you thought Thursday and Friday of last week were bad days for the market, well, today was much, much worse. Breadth fell apart, volume […]
03.15.22 Russia-Ukraine War: Consolidation and Cutting Supply Lines
Tonight has one theme: Consolidation night. It would appear the Russians are consolidating their gains and picking off Ukrainian units while keeping large numbers of […]
Hong Kong Hang Seng Market Crashes Below 20,000
Have no fear folks. Russia-Ukraine peace talks will create peace in our time and the world will see the bull market return. Or not. The […]
03.14.22 Russia-Ukraine War 21:00 UTC Update: Kharkov and Mariupol Hellfires
There are fools, damned fools, and just plain old dumb ass ignorant idiots. The latter appears to infest the West’s media and governments as they […]
Remember Zamarai Ahmadi and Today’s Propaganda
The world is thick with propaganda as the Russia-Ukraine war moves into its next phase. The United States and United Kingdom has been promoting absolutely […]
Another Request from Readers: Full Prepetorial Series now Available
First, a heartfelt thank you to all the old timers who have followed my antics from my radio days until now. During that turbulent 2007 […]
03.13.22 Russia-Ukraine War: 1800 UTC – Foreign Fighters Among the Dead in Yavoriv Attack
Today’s action is spreading far and wide as the Russian military is no longer screwing around and starting to hammer any resistance and points where […]
03.13.22 00:30 UTC WORLD WAR III UPDATE: Iran Launches Military Attack on US Army Base in Iraq, No Response from Biden Junta
So much for a peaceful Saturday night watching one war in Ukraine. UPDATED 01:25 UTC: From the UK Daily Mail, it was a US Army […]
03.12.22 Russia-Ukraine War: Mariupol Continues to get Pounded
And it the unthinkable is being egged on by complete, total morons who believe the wildly inaccurate assessments of Vladimir Putin from the intel community […]
03.11.22 Russia-Ukraine War: Stumbling Towards World War III
The United States and European Union imposed a massive wave of sanctions which were designed to break the willingness of the Russian people to fight […]
Russian Financial Retaliation Begins: Starve MFers
Ok, perhaps not that blunt. But in reality, in less than 48 hours since the West essential proclaimed the Great Big Mac Ban on Moscow, […]
03.10.20 Market Action: The Forgettable Classics
Today’s market action summed up in one song: God I’m old. Then again, so are the classics that one wishes to drink out of their […]
About that Stock Market Rally Yesterday: Nothing Like the Classics
Hopium springs eternal. Are you reelin’ in the years, Stowin’ away the time And the reason they are called the classics is because the music, […]
FNC’s Tucker Carlson Verifies the Ukraine Biolab Story from Last Night
Weirdly enough, Dr. Fauci is still silent. Either his silence or the US government’s incompetence is exposing everything speculated last night that was posted on […]