For the sake of brevity, plus having to go to an impromptu meeting with one of my customers this morning, I shall keep this posting […]
Tag: CRASH
Gold Fails to Breakout But is the Rally Over?
The week that was saw gold breakout to a new all time high above $2450 per ounce and then an extremely violent selloff in the […]
WARNING: Instability Creates Instability
Several decades ago, an old hand warned me when I was much younger about the dangers of wishing for an unstable nation or economy that […]
The Real Estate Video of the Day
I’m hearing this locally also from various friends in the business. The quality of building materials is garbage now, especially a lot of the imports […]
Suddenly, Tonight, I don’t Feel so Good About our Future
We didn’t learn one damned thing. The alphabet people didn’t leave, they just renamed their products and expect the taxpayers to bail them out when […]
Higher for Longer Means More Housing Pain to Come
The headline from Bloomberg on Thursday, June 20th was depressing needless to say: The Housing Squeeze Puts the American Dream at Risk This excerpt from […]
Credit Union Failure: 1st Choice CU, Atlanta GA
It’s that time of year again ladies and gents. The big question is when are the banks and more credit unions going to join the […]
Even When I am Wrong, I Might Be Right
I know, I know, dumbest headline ever. On FinTwit (X for geeks) and in these pages, I have long predicted a 50 basis point cut […]
China’s Golden Warning Shot
There are those who dismiss the Chinese economy as a paper tiger, much like most of America’s military might. Then there is reality. Today, the […]
Look for a Potentially Shocking NFP Number Friday
Normally this author does not dabble much in the employment picture until the severity of the crisis is upon the United States. However, we are […]
Of Market Tops and Tatas
Sigh. There are markers in history for not just life changing historical events, but also when markets start to make that long, painful, recognition that […]
The Fed Should Pray for a Recession
The Federal Reserve now faces the ultimate challenge heading into an election year. As many long time observers have said, the Fed governors, despite their […]
The Bull Market: Blindfolds and Cigarettes
The following market commentary is a reflection of my age, as the younger generation will never get this reference unless they’ve watched a lot of […]
A Stock Market Which Reminds Me of Ye Olde Late 1990s BBS
There are times when one can not but help expose one’s age. Yes, I admit I am a boomer, no I do not admit that […]
FCOJ and Steak: Commodities Indicate Massive Pain this Autumn
For those that might partake, one might want to get it out your system by enjoying one’s favorite screwdriver libation now, before the price skyrockets […]