On December 29, 2024, after careful consideration and perhaps several glasses of Bowmore 15 year old scotch, these pages made the following prediction regarding gold […]
Tag: FOMC
The Fed Will Cut 50 bps But Trigger an Eventual Equity Disaster
This Wednesday the bulls will be all jacked up, sipping their Zimas and prepping for a massive market rally after Federal Reserve Chairman steps up […]
No Virginia, Inflation is Not Declining
However, yes Virginia, there is a Santa Powell! The good news for all the little baby bull boys and girls out there is that Santa […]
President Trump’s Firing of Fed Governor Cook Might Backfire
Tonight, in what can only be called a shocking move, President Trump put down the Diet Coke, apparently, and went fully leaded which of course […]
Trump’s Stagflation Nightmare Accelerates with Powell’s Folly
As someone who studied history and lived through the late 1970s in high school then into college, it might seem like I am now once […]
Jackson Hole Marks the Start of America’s Financial Market Insanity
Way back in ancient history, okay, actually on July 13, 2025, these pages published the following article: Will Trump’s War on the Fed Crash the […]
The Federal Reserve’s Binary Choice Means Pain
There are points in economic cycles where the outcome of any economic decision made becomes a binary choice. Unfortunately for the American public, the upcoming […]
How Retailers Like Walmart Pass on Tariffs to the Public
After listening to Peter Navarro bark like a trained seal on Bloomberg Television this afternoon, I fear this brief thread is more necessary than ever. […]
FOMC Day: Jay Powell is Cooking Up the FUTburgers
Yes, I know, I know, the title is corny and just what is a futburger? More on that at the end of this piece but […]
Trump’s War on Jay Powell Hits a Bessent Speed Bump
The Wall Street Journal broke some news on Saturday afternoon which appears to have created a dilemma for the get rid of Powell at any […]
Federal Reserve Chair Jay Powell to Congress: No Cuts for You
In about ten minutes from now, Federal Reserve Chairman Jay Powell will present the following prepared remarks to the Committee on Financial Services, U.S. House […]
FOMC Statement: Please Don’t Smell This
Before I engage in my usual dissection of the bull crap session, here is the actual Federal Reserve Open Market Committee statement straight from their […]
Another FOMC Nothingburger, or Is It?
The financial media is all perplexed to read today’s Federal Reserve Open Market Committee statement as their appears to be a whiff of stagflation in […]
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 […]
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 […]