The withholding data is the real deal. It continues to show the US economy growing rapidly. Inflation will continue to run very hot, and the Fed will remain under pressure to reduce QE. That showed up this week in Powell’s statement that the Fed will stop saying the bad word, “transitory” because people misunderstand what the Fed means by it. We know otherwise.
Well, it was down 20% at one point today (Saturday). CNBC says that a 20% decline is a bear market. All the other outlets have…
By Jimbo at Capitalstool The fewer shorts the better. What shorts don’t realise is that they themselves are a contrary indicator. To make money as…
Powell’s dismissive approach to inflation risk was both untenable and an increasing embarrassment.
Where is what the multi-million dollar salary professionals on Wall Street were telling their clients with respect to Docusign. Not a single “Sell”. Not one.
U.S. car production has been in a long-term downward trend since the 1970s. We examine some of the factors driving this trend.
Remember Lemonade? The company that, at the start of this year, was WORTH MORE THAN IBM? Yeah, that Lemonade. The company none of us have heard of. Let’s just say it’s not longer worth more than IBM. Or the Slope of Hope, for that matter.
With Christmas just three weeks away and the holiday shopping season in full force, now is the worst time of the year to be confronted with financial worries. And yet, millions of Americans are facing financial hardship due to the recent surge in consu…
In short, lower highs and lower lows, with multiple attacks and failures at sport lines. Aka “support” for the uninitiated and uninoculated. If this was a daily chart, it would be a bear market. No doubt that’s coming. This is what the stock proctolog…
As Germany officially bid farewell to Angela Merkel on Thursday, a new era dawns in Europe’s largest economy. After 16 years, the end of Merkel’s chancellorship also marks a new beginning for U.S.-German relations, after Germany’s first female chancell…