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.
Cycle configurations remain bullish. I have updated cycle projections for both the short and intermediate term, and the long term. There’s no respite in sight…
External Debt in the United States increased to 21314655 USD Million in the third quarter of 2020 from 21310649 USD Million in the second quarter of 2020. External Debt in the United States averaged 14915562.17 USD Million from 2003 until 2020, reachin…
The contrast between the depressing health crisis and booming financial markets could not be more stark. Epic, screwy, crazy. What can we look forward to in 2021?
Gasoline Prices in the United States increased to 0.58 USD/Liter in December from 0.56 USD/Liter in November of 2020. Gasoline Prices in the United States averaged 0.55 USD/Liter from 1991 until 2020, reaching an all time high of 1.07 USD/Liter in June…
Who is it grappling for?
Cycle lows are due on 3 and 5 day cycles. True Strength Index oscillator is bottomy. Others are in neutral turf. If ES pullback holds at or above 3714, PM upmove should be explosive as the hedge fund junior traders are fo…
Back in September I wrote to you about why I was giving up on the banking system indicators. I’ve reposted that rant in an addendum to this report. Essentially it boils down to this. Every time there’s a critical problem in the banking system due to banker malfeasance, the Fed steps in to paper it over and reward the criminals.
Any time a price pulls back to a line from which it had broken out just before, I call it the “return to the scene of the crime.” It applies in both directions, and at any time frame. It happens A LOT. I think most of the time.
When the top 10%’s bubble pops in 2021, the loss of illusions/delusions of security and wealth will be shattering to all those who believed artifice and illusory “wealth” were real.
phase to play well.