I missed it: did anyone ask Chairman Jay Powell how in the world he’s going to be able to create this “hot” inflation he already needs to balance out a decade without it (meaning: recovery and growth) in order to satisfy this newfangled average inflation target? And though he makes it sound like it’s a […]
Quite a lot of things can go wrong, especially if the mainstream’s rose-tinted sunglasses induce a delusional confidence in fantasy.
After leaving Walter Reed Medical Center yesterday, President Trump had a positive message for the American people after the first few days of his experience with Covid-19: “Don’t be afraid of Covid. Don’t let it dominate your life.”As survey data from…
So far there have been approximately 7.5 million confirmed cases of Covid-19 across the United States according to Johns Hopkins University with California (836,152), Texas (794,319) and Florida (717,874) registering the highest totals. When it comes t…
Primary dealers have maintained huge and heavily leveraged long bond positions. They are only lightly hedged. Just today, the bond market is threatening to reverse the long term downtrend in yields/uptrend in prices. It’s bad news for the bond market, and for the system as a whole. And that includes stocks.
Here’s where to look for gold’s constructive consolidation to turn up. Meanwhile, I’ve added another pick to our list of miners.
Get a load of this. Does it look bullish to you?
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.
Systemic corruption and the implosion of the social contract have consequences: It’s called collapse. Social and economic decay is so glacial that only those few…
Markets are faced with a multitude of binary events in the next few weeks all of which could have a positive or negative impact on markets. Examples abound: Either there is a […]