Did The Bank of Japan Make A Tactical Mistake?

The Bank of Japan is as screwed up as Jay Powell’s Federal Reserve. There, I said it. Except they bow more, are more polite, and […]

Is Gold $4000 Next?

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 […]

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 […]

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 […]

IF You Thought the FOMC Was a Snoozefest, Here Comes Nonfarm Payrolls

Wake up you heathens! It’s the most important employment report in the history of mankind. Don’t believe me? I’ve heard rumors that Federal Reserve Chairman […]

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 […]

Will Trump’s War on the Fed Crash the Markets?

“There is no cause to worry. The high tide of prosperity will continue.” – Andrew Mellon, August 1929 The President of the United States once […]

2025 Q2 Ends on a What Me Worry Note

The second quarter of 2025 began in April with a trade war firestorm and ended the month of June with a Taco Fiesta creating hope […]

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 […]

What This Morning’s Empire State Manufacturing Survey Said Which is a Warning for the Fed

The New York Federal Reserve Bank published it’s monthly Empire State Manufacturing Survey and the headlines were disturbing to the financial markets for all of […]

Bull Markets are Peaceful, History is Violent

In the 2014 movie “Fury” the statement from the character Wardaddy of “Ideals are peaceful, history is violent,” was truly not respected as a reflection […]