All we are saying… is give Trump a chance.
The pundits… the polls… the stock market… the betting market. All got it wrong. Spectacularly, stupendously, gloriously… wrong. Brian Maher has more…
“No matter what happens, there’s going to be volatility, because someone is wrong.”
Janet Yellen and her pirate crew left rates intact yesterday. That leaves December.
“We got the bearish signal… The dam is breaking. You can feel it.”
Marijuana is becoming an issue again.
VIX is a weather vane measuring stock market volatility. Few know it… but there’s also a VIX measuring Treasury bond volatility.
And it’s reporting an ominous breeze… one that could signal a dramatic shift in the weather. Soon…
David Stockman gave Trump last rites after Wednesday night’s debate. And so doing, raised howls of protest from the Daily Reckoning faithful.
“Happy anniversary!” Jim Rickards tweeted this morning, giving our old friend Mr. Market a good razzing.
Light the fuse! Send up the rocket!
Janet Yellen has at last unearthed the key to economic recovery. The answer, said the great and good Ms. Yellen on Friday, is a… “high-pressure economy.”