Oh Gee! What a surprise! Not. Now, let the fun begin and let it begin with us.
The Federal Open Market Committee decided to conclude the reduction of aggregate securities holdings in the System Open Market Account two months earlier than previously indicated.
Lots of gloating this morning as the Conference Board’s Consumer Confidence Index, AKA the ConCon Con, blew away Conomists expectations with a reading much higher…
The Fed has long espoused that rising stock prices drive real business investment. As part of that, low interest rates are supposed to stimulate both…
Contrary to conventional wisdom, raising the debt ceiling is normally bearish. When the debt ceiling is in force, it’s bullish. That’s not opinion. It’s an…
The US Federal Budget Deficit is growing. That makes the US economy look good. And that’s bad news. Federal Tax revenues rose in June. The…
Gold’s long term chart is a thing of beauty. Its foundation is massive. It portends a huge bull market.
The S&P 500 long term chart has reached the point of no return. This is either the beginning of an accelerated move up. Or it…
It’s starting. Headlines are swirling that the US Treasury could run out of cash sooner than originally forecast. The Wall Street Journal featured a report…
June Federal tax data showed that the market rationale for the rallies in stocks and bonds was just plain wrong. I wrote about it last…