What in the world to I mean by an Elvis market? Yup, trapped in a range bound nightmare. Despite yesterday’s decline and the accompanying headlines…
Posts tagged as “INFLATION”
For my long time readers, most of you understand that I am not an optimist about the outcome of economic policy over the long term…
The usual suspects have been on the bubblevisions projecting a “new new” bull market and at the same time, others pushing that the end of…
There is the absurd, as highlighted by James Cramer on CNBS: Then there is reality. There is a good chance for some wild action this…
Another week passes, another rally in make believe land, and another inflation report being pumped by the Bubblevision mafia as “better than expected” as per…
In what can be considered a warning shot to the Western economies, the announcement within the last hour of production cuts by numerous members of…
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…
So steepening the yield curve probably isn’t such a hot idea even if it’s only 12 bps thus far: And the US Treasuries are watching…
Ummm, yeah, “it’s contained” or whatever. From the St. Louis Fed Economic Data, month over month percentage change in CPI-U not seasonally adjusted: So much…
I apologize in advance for not presenting the long dissertation I promised but after spending the last day and night in the emergency room with…
Gang, I’ve heard some seriously absurd points early on this year. For example: I’m old enough to remember when old Ed offered realistic appraisals of…
Today I thought I would just remind the “inflation is transitory” and “inflation has peaked” crowd just how full of it they are. Because barring…
The primary consensus for 2023 is that the rate of inflation will contract dramatically. The following will somewhat verify what the street has been saying.…
There are so many clowns on “financial news” television talking up the “Santa Rally” it almost as if they forget what is happening with interest…
The old timers scream at my headline that the game show was “Truth or Consequences” but one could only wish this was a black and…