So how is your morning going? The Asian session was a nightmare with the Nikkei dropping as much as 15.1% before settling down around 13.5% […]
Tag: CRASH
08.04.24 9:15 PM ET- Bitcoin Crashing Hard
This was an eventuality, but now things are getting serious: As I speculated online earlier the Japanese banks are in trouble so one has to […]
The Smart Money Will Be Right Again
The markets have a weird methodology of warning the world that there are problems with the underlying economy if one listens for the signals. Unfortunately, […]
The FOMC Mistake is Ready for Wednesday
First and foremost, I would like to apologize for the budget Photoshop job, but I couldn’t afford better quality due to the high rate of […]
07.24.24 – An Ugly but Not Yet Deadly Market Move
The depression on the bubblevisions today was palpable. What shocked me was that they didn’t have Tom Lee come on at 5 p.m. and lead […]
The Stock Market is Going to Fill Some Much Lower Gaps
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 […]
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 […]