Sorry for the enforced absences this week but due to work and personal affairs to deal with concerning my Mother, it does restrict how much […]
Tag: BIDEN
03.24.23 Stock Market Preview: Cue the Piano Music
Europe is getting smoked this morning. Yesterday was a disastrous intraday reversal on meh volume. And the charts below indicate that Petula Clark will be […]
FOMC Today: The Four Horseman of the Bondpocalypse Ride
Today will be a historic event for those of us who are both historians and economic geeks. The Federal Reserve Open Market Committee reveals the […]
Gold Soars Above $2000, Equities Down as Banking Panic Continues
The lack of awareness by the leading Western central banks is nothing more than breathtaking. As they forced the bailout of Credit Suisse in Europe […]
Don’t Watch Equities, Watch Credit Default Swaps
I’m just going to leave this here…. Remember: Bond traders are the smart money and they will blow CDS spreads out in a heartbeat to […]
The Banking Crisis is A LOT Worse than Reported Earlier
Now you can panic. Just about 3 hours ago, I reported on the letter from the mid-sized banks to the FDCI basically asking for a […]
The Banking Crisis is Worse than Reported
There has been a lot of speculation as to why the second and third largest bank failures in US history occurred in the last ten […]
03.18.23 BREAKING NEWS: Former President Donald J. Trump to be Arrested on Tuesday
The vengeance and pettiness of the Democrat Party is about to cross the proverbial Rubicon on Tuesday, March 21, 2023. From President Trump on Truth […]
Everything Bad that Could Happen to Markets Today, Did
Welcome to the St. Patrick’s Day Leprechaun slaughter. Okay, maybe it’s not as bad as the St. Valentine’s Day Massacre of 1929, but the lethal […]
Prepare for Insanity in the Markets this St. Patrick’s Day
Buckle up ladies and gents. This could be a wild one with options expiration, bank failures and rumors of bank failures, credit contracting, and a […]
The CPI Reading for Inflation Should Come in Hot Today
I am standing by most of my December 31, 2022 prediction where I stated the following: -The Federal Reserve conducts a shocking 0.50% rate increase […]
More Banks Crashing and Burning in the Pre-Market
I think I’ll just leave this here… Lines were seen outside a First Republic Bank branch in California, with worried customers wanting to withdraw funds […]
Bank Run Monday
Despite the extraordinary actions by the Federal Reserve and FDIC last night, the idea that shareholders and bondholders will be wiped out due to this […]