Consumer complaints about digital wallets and mobile payment apps have been surging as more and more Americans ditch cash, according to a recent report from the U.S. Public Interest Research Group. The Consumer Financial Protection Bureau (CFPB) receiv…
The ES futures and the broad US market keep churning a little higher day by day. It’s a weak uptrend, locked within a couple of narrow rising channels at various angles, from almost flat, to rising at about 10 points per day, woop de doo. The most imp…
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.
The Fed’s “choice” is as illusory as the “wealth” the Fed has created with its perfection of moral hazard.
But it looks like a dead cat at best. Subscribers, click here to download report. Try Lee Adler’s Gold Trader risk free for 90…
The latest update of our message board software at Capitalstool briefly broke the site. I couldn’t post over there this morning, so did our AM…
Cycles are topping out. That includes the big ones.
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.
Freedom is the freedom to say that two plus two make four. If that is granted, all else follows. George Orwell, 1984 I have said many times and believe deeply that our job as investors is not to predict the future but merely to interpret the present as accurately as we can. I’ve also said […]
Yet again, whenever I pick a few shorts to add to the list, the market smacks me upside the head. Fool me once, shame on you, fool me twice, shame on me. It’s like our permabear friends, whose names I’ll withhold out of respect for the dead, who have been warning for 12 years that the market is about to crash. They will be right one day. Well, every few months I’ll see a few short picks that I like and add them to the list. We’ll probably keep losing money on them, but one day, I’ll be right. You’ll see! 😆