Bears must, absolutely must, get the ES, 24 hour S&P fuctures back below 3898 by the end of New York trading today, or they are dead. Dead I say. If they are above that, then the next couple of days will see the market race to the top of this chart…
It wasn’t a good week for the list. All but one pick got stopped out, mostly as intended, but the end result was an average…
They called it a goldilocks jobs report. Strong jobs creation, softening wage and salary inflation. The shorts got crushed. I know. I was one of…
Graphic
Despite Fed tightening measures and surging market yields, extraordinary Credit growth was ongoing in the U.S. A historic lending boom (bank and non-bank), along with notable GSE expansions and deficit spending, fueled system Credit growth.
This portends great fortune for energy bears.
Federal withholding tax collections soared last month and continued to do so in the first few days of January. I wondered if this was an…
It’s jobs day. Tax receipts say there was a jobs boom in December. What will the Bureau of Liar Statistics say?
Withholding Taxes Are Soaring
Energy Inflation In the Euro Area decreased to 25.70 percent in December from 34.90 percent in November of 2022. Energy Inflation in the Euro Area averaged 4.19 percent from 1991 until 2022, reaching an all time high of 44.30 percent in March of 2022 a…
Energy Prices In the Euro Area decreased to 25.70 percent in December from 34.90 percent in November of 2022. Energy Prices in the Euro Area averaged 4.19 Percent from 1991 until 2022, reaching an all time high of 44.30 Percent in March of 2022 and a r…