Russian billionaires have seen their fortunes dwindle in a major way since the country started its invasion of Ukraine on February 24. On March 3, the net worth of the Russian ultra-rich listed on the Bloomberg Billionaires Index was a combined $88 bil…
Gold is coming out of a beautiful bowl base that conventionally measures to 2150. But it faces significant resistance at 1975. For the big picture…
The purple line is the Fed’s System Open Market Account, in other words, its securities holdings. You see the Fed’s balance sheet normalization 2017-19, and…
I live in Europe, but earn my income in US doodahs, and hold cash and other assets in USD. So, in a sense, I am…
I’m not saying that I know which way they’ll break, just that today could be the day. The hourly charts of the ES, S&P 500 futures are extremely neutral. Is that even possible? Extremely neutral?
But that’s where the hourly oscillators are. Th…
Well, I’ve been rolling my eyes at Bumble (BMBL) ever since it came out, and it’s played out disastrously. If you are not familiar with the company, their ENTIRE business model is to provide a clone of the hookup app Tinder but with a t…
Yeah, I know. The bear market is over. The opportunities are gone. It’s too late. Oh, I don’t think so. I, once again, present to you the high-yield bond fund JNK: Here is the longer view. Think this is done? I don’t. I think it&#…
All we hear about is how “hot” our economy is and how it’s OK that it is “running hot“. Ummm, are their screens upside-down? Because I’m not the brightest bulb in the hardware store, but to me this doesn’t …
Following the joint announcement of further economic sanctions against Russia made by Western leaders on Saturday, the Russian financial system was shaken to its core on Monday. In response to the most severe sanctions yet, the ruble’s value crashed to…
Started in 2008, the Great Green Wall is a monumental initiative to regenerate the semi-arid northern Sahel region to prevent the Sahara from spreading southwards. The idea is to plant millions of trees on a strip of land about 8,000km long and 15km wi…