In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for […]
Tag: STOCK MARKET
A Quick Prediction on Today’s CPI Report
If we’re all supposed to be dorks and believe the financial pump and dump media, the BLS report on CPI at 8:30 a.m. will be […]
S&P 500: Gappapalooza
There are bear market rallies and then there are bear market rallies based on nothing but hopium and prayer. Well, this author is all out […]
China’s Version of the Trump-Xi Phone Call is Interesting
The following is the full government readout from China of the Trump-Xi phone call via Xinhua: Xi says dialogue, cooperation only correct choice for China, […]
It Finally Happened: Trump Called Xi
And another great meme dies after two months of the trade war. In what has been hyped, lied about, promoted, and used to pump markets […]
The Tariff Ruling: A Nothingburger or Taco of Consequence?
The Court of International Trade, an Article III Constitutionally created by Congress to adjudicate trade disputes since the 18th century, dropped what at first appeared […]
Remember: Stock Buybacks Does Not Make a Company Great Again
Deep into this earnings season and the one consistent theme that persists thanks to our retarded tax code is that companies would rather perform stock […]
Beware of the Media Chart Criminals
There is a sad, sad commentary on just how easy it is to deceive retail and some members of the financial community, especially rookies. A […]
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 […]
After this Week’s Holiday Look for a Market Rollover
The United States sometimes forgets that it takes two to tango and make a deal, or for that matter, make a market. This week is […]
Something Wicked From Asia Has Hit US T-Bills
As many of my regular readers know, I maintain fairly bizarre hours as I’m usually in the office early getting things accomplished and sometimes up […]
Breaking Bad Enters the Trade War Conversation
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 […]
The Scariest Economic Easter Chart of them All
When I first saw a different version of the chart below posted by Torsten Slok in his “The Daily Spark” email newsletter, I immediately had […]
Gold: Now All of you Can Worry
There is a weird situation that only happens at the precipice of a major financial crisis. I’ve lived through several of them now and as […]
5 Big Reasons Trump Capitulated on Tariffs
And no boys and girls, it was not the million plus donated to the “inauguration fund” by Apple CEO Tim Cook. The past 24 hours […]