Yesterday, they said inflation was 5% or something. Couple things wrong with that. Inflation isn’t 5%. And what they reported was CPI, not inflation. CPI does not measure inflation. It measures “consumer prices.” Inflation is defined as a rise in the g…
The bull market peaked at about 4800 in January 2022. The bear market bottomed at about 3500 in October. Half the distance is 4150. And now that the good “news” on “inflation” is out, the ES 24 hour S&P fugutures are driving toward, you guessed it,…
If you ask me, the market is getting weaker. Of course, I’m only talking about the hourly chart relative to time frames of a few days. I confine my work on the bigger picture to the Technical Trader reports. A kind individual took advantage of the risk…
Central bank interest rates in advanced economies have started to rise again from zero-percent territory in 2022, but because of rampant inflation, any potential returns were completely diminished that year, creating savings that were effectively shrin…
Shares of Tupperware fell almost 50 percent on Monday following the company’s bleak warning that it might go out of business. In a statement published on Friday, the maker of food container products warned that there is “substantial doubt about its abi…
Be careful what you wish for, because currencies are not abstractions we ponder, they are commodities that serve real-world functions that place demands on the currency as a mechanism of trade, trust, value and risk.
Apple’s business model is simple and straightforward: rely on people being so desperate to fill the aching psychic void in their lives that they regularly turn their expensive cell phone into land-fill by “upgrading” to yet anothe…
Here’s how we know that the rally has reached its limit. But all is not lost. We’ll just need to be very patient. Meanwhile, there’s…
This post illustrates how banks deposits can be created, transformed, and destroyed. Banks deposits are the numbers in one’s bank account and the most common form of money. They are just digits in a bank’s database that are created when a bank makes a loan or buys an asset, and erased when a loan is […]
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