Everybody is trampling all over themselves to raise bullish targets. $SPX 3,300, $SPX 3,350, $SPX 3500, do I hear Dow 31,500? Yes I am. The big driver of course the Fed and […]
Some of the euro area’s junk-rated corporate debt is now charging the lenders to provide cash to financially weaker companies
You are probably well aware of the fact that the world of small caps hasn’t exactly been setting the world on fire compared to the totally hopped-up-on-Fed stuff like the S&P.
After a decade plus of failing to deliver on its core objectives, and having primed the massive bubble in risky assets, while pumping sky high wealth inequality through massive monetary transfers to Wall Street…
Here they are, with charts and stops.
Globally synchronized growth is transitioning, slowly, into global synchronized contraction.
Bank bailouts are like prostitution.
Gold and precious metals miners have been doing great, but one item in particular which looks prime to launch is junior gold miners, shown below with symbol GDXJ.
Crude oil looks vulnerable to a downturn.
The song “Ease on down the road” comes to mind. Bank regulators ease capital rules.