There are indications of a short term bottom as gold tests the July low. But intermediate indicators say it won’t hold. Subscribers, click here to download…
The S&P 500, as shown on the ES futures 24 hour chart, has relentlessly been making lower lows and lower highs on a cycle averaging around 3.75 days. A low is due now, suggesting an upswing for most of the day today. The cycle now ending hasn’t bee…
Welcome back, Stoolies! Time to get back to bidness.
Seems this morning that all are waiting in trepidation for something. Bulls are terrified that Friday’s double bottom will drop out. Bears are equally terrified that it will hold and trigger a …
Any city whose lifeblood ultimately depends on hyper-globalization and hyper-financializationwill no longer be viable.
As the decline matures the number of new sell signals naturally diminishes and the number of buy signals starts increasing. That happened last week but…
Last week we got technical confirmation of the absolutely brutal liquidity backdrop that I had repeatedly warned would occur in August in the Liquidity Trader…
Part 1 is here. First, I want to reinforce the point that there are no accidents. So I’ll rehash the summary of this monthly tax…
Global “Risk Off” gathers momentum by the week. Crisis Dynamics fester, as global central banks coalesce around a united front for battling inflation. The reality that central bankers will aggressively hike rates until something breaks has begun to s…
I just updated the withholding tax data for August, with that data now complete for the month.
It looks weak. I’ll have more in a full report to follow later today. Normally the month end data is out a few days before the BLS (Bureau of Liar Sta…
Federal withholding tax collections declined in August. This was the second consecutive monthly decline after rising sharply and persistently throughout June. Subscribers, click here to…