I was wrong about Sell Rosh Hashana, Buy Yom Kippur. I thought it wouldn’t work this year. I was wrong. When it comes to Wall Street religion, and my analytical opinion, religion wins. It’s not about logic. It’s not about facts. It’s religion! For the …
September 17 marks Constitution Day in the United States and recognizes the adoption of the United States Constitution and those who have become U.S. citizens. September 17, 1787 was the day that the document was signed, before being ratified in 1788 a…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
After years of resisting, what finally pushed me over the edge and into crypto was my disgust at gold’s behavior. Precious metals should be thriving right now. Precious should be where the smart money goes. But, nope, it has sucked out loud f…
Even though most of the states in the U.S. have passed their own minimum wage laws, the federal minimum wage remains unchanged at 7.25 U.S. dollars since July 2009. Taking this into consideration, it’s no surprise that U.S. residents earning minimum wa…
Even on the intraday charts. The ES futures rallied back to the 10 day trendline. They tagged it nicely and stopped dead. Now, at 5:20 AM NY time, they’re showing signs of rolling over again. This is after also hitting a 5 day cycle projection of 4485….
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
I give to you……….General Motors:
Janet Yellen has now confirmed that the Treasury will run out of money in October, as we already knew from our tracking of the data. Congress will be forced to raise the debt ceiling. Treasury supply will mushroom at the same time as the Fed begins to cut its market support operations. The RRP slush fund will affect the timing of the coming disaster. But we know its coming and we have a good idea of when.
Meanwhile the BLS has fomented a completely false picture of inflation. I explain that in this report. It’s blatant.
By incentivizing speculation and corruption, reducing the rewards for productive work and sucking wages dry with inflation, America has greased the skids to collapse.