There will be a cadre of bulls who insist that this author is insane. For the record, I am not a permanent bear as it […]
Tag: FEDERAL RESERVE
A Golden Warning for the Markets
Today the equity markets completed an intraday reversal, albeit on relatively light volume and terrible breadth, to finish the month and quarter with a so-called […]
Credit Markets are Starting to Send Warning Signs
The masses are glued to the latest headlines from President Instability and the insanity that the markets have been through the last 48 hours. Headlines […]
The Specter of Personal Gold Ownership
To say this has been one hell of a week in the markets so far is an understatement. I do not recall which of the […]
Are the Markets Approaching a Penn Central Moment?
“It is evident that the country cannot continue to advance prices and wages, to curtail production, to expand credits, and to attempt to enrich itself […]
A Hawkish Nothingburger
To call Jay Powell’s statement today a “nothingburger” would be beyond accurate. Jay didn’t want to offend President Trump nor stir the markets because after […]
A Quick Note About Gold
These pages just predicted that gold will finish 2025 strong, however, historically during post-election periods, there are some interesting tendencies which impact the gold market […]
As the Christmas Crypto Turns To Coal – A Monetary History Lesson
As the gas is being let out of the latest memecoin tonight, it might be a wise time to review some monetary history and the […]
12/18 FOMC Results: The Great Stagflation of 2025 has Begun
The majority of financial media is in need of two paddles and a shock to their chests as the “bull market forever” and end of […]
12/18 FOMC Preview: A Hawkish 1980 Rate Cut
Here we go again boys and girls. It’s that time where our monetary overlords step down from the mountaintops and bequeath upon us their rulings […]
Inflation? What Inflation? Shut up Knaves!
In one of Mel Brooks most definitive works, a scene where he is playing King Louis the XVI and the “piss boy” summarizes pretty much […]
Exiting the Eye of the Storm
For those long time residents of Florida who have endured hurricanes and readers of these pages, the headline for this brief piece is perfectly logical […]
It’s Never a Crisis Until Yesterday
Today the bond market resumed its violent move with higher yields which shocked the world after President Donald Trump’s resounding victory. So why is this […]
The Election is Over, so What’s Next?
The resounding victory of President Donald Trump over Vice-President Kamala Harris has opened up the biggest economic question of the modern era: Now what? The […]
Inflation is Under Control, Unless You Eat, Drink, Need a Doctor, or Drive a Car
The unfortunate part of enjoying a self-enforced news blackout during a hurricane is that one misses the big picture economic news events which keeps us […]