Only those societies which still have a functional public interest / common good will survive; those ruled by the tyranny of self-interest will fall.
One of the most interesting things that has happened over the past eight trading days has been the explosive move higher by the high-yield funds which, until May 18th, had been getting absolutely brutalized. Their exhaustion and descent from these …
It was pretty clear that Memorial Day Weekend was going to be a very green one when Ethereum hit its support around $1700 and cheerfully bounced higher. Of course, the best of ALL possible worlds would be for the equity futures to get this Fibonacc…
Sales of new single-family houses dropped for the fourth consecutive month in the United States, as potential home buyers face a perfect storm of unfavorable conditions. According to figures jointly released by the U.S. Census Bureau and the U.S. Depar…
The National Oceanic and Atmospheric Administration predicted an above-normal Atlantic hurricane season for 2022 today as previously released reports had already suggested. The prediction marks the seventh consecutive year an above-average season has b…
See these? I want it known, for the record, there are not called Bullish Bases. They’re something very different. And although it isn’t shown in this timespan, the present one looks much more like the 1929-1930 top that any others elsew…
How much of this is just superficial stuff – an expedient bordering on a ruse? Does the Fed have the resolve necessary to mount a serious inflation fight, one that would invariably unfold with significant market and economic turmoil?
Remember about four years ago when the hottest sector around was marijuana? (You know it was a big thing, since it was the latest fad James Altucher tried to profit from). Let’s just say pot didn’t turn out to be the biggest thing on th…
Originally posted at Capitalstool. The 40% M2 print from March 2020 onwards was a varitable tsunami of money. It pushed stocks and bonds and houses…
Originally posted at Capitalstool, May 26, 2022 Rate hikes are irrelevant. They’re the tail. Money is the dog. Wall Street perpetually doesn’t get this. The…