Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also provide analysis and charts for David Stockman's Contra Corner which I developed for Mr. Stockman. I’ve had a wide variety of finance related jobs in the past 44 years, including a stint on Wall Street in both analytical and sales capacities. Prior to starting the Wall Street Examiner I worked as a commercial real estate appraiser in Florida for 15 years. I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. My perspective is not of the Ivory Tower. It is from having my boots on the ground and in the trenches of the industries that I analyze and write about today.

The Treasury Knows I’m Watching Them – and They Don’t Like It

Today, I want to show you a very intriguing little piece of information. The Treasury knows that I’m watching their machinations, and they don’t like it one bit.

If you’ll recall, the TBAC (Treasury Borrowing Advisory Committee) is the shadowy “power behind the throne” that advises the Treasury on debt issuance. The Treasury very rarely deviates from their recommendations.

And their latest report was… interesting.

The post The Treasury Knows I’m Watching Them – and They Don’t Like It appeared first on Lee Adler’s Sure Money.

Here’s The Foreign Country That’s Rigging Our Markets (It’s Not Russia)

Today, I bring you a juicy piece of foreign intel from my weekly analysis at The Wall Street Examiner Pro Trader.  While this is intriguing information, it’s not dangerous. Yet.

But once the chart I’m about to show you drops below 440, it will have immediate impact on your portfolio.

The post Here’s The Foreign Country That’s Rigging Our Markets (It’s Not Russia) appeared first on Lee Adler’s Sure Money.

Trump’s Tax Cuts Are “Hiding” This Critical Stock Prediction

Federal tax collections data gives us a leg up on the market, because it tells us what to expect when the lagging economic data indicators are released later. That puts us ahead of the crowd, which is waiting for biased Wall Street pundits to interpret already stale, manipulated data, when it’s finally released. Meanwhile we already know what the facts are.

Tax data has told us whether the lagging economic indicators are promoting a false narrative. Thanks to statistically massaged data, and deliberate, or unknowing misinterpretation by the talking heads, that can go on for months. But we know the facts.

More importantly perhaps, the tax data has told us what the Fed will be seeing when it gets the lagging economic data. That helped us to know whether incoming economic data will keep the Fed on track or not.

Now, however, the picture has gotten fuzzy. The big tax cuts enacted into law at the end of 2017 have begun to impact tax collections. That makes it virtually impossible to analyze year to year changes on a like versus like basis. It will be several months, and perhaps the whole year, before we can make these year to year comparisons in a way that reflects the actual trend of the US economy.

In other words, Trump’s tax cuts are hiding the “big picture” right now when it comes to market predictions.

But fortunately, there’s another “bonus” indicator that tells us what’s going on…

The post Trump’s Tax Cuts Are “Hiding” This Critical Stock Prediction appeared first on Lee Adler’s Sure Money.