So, we have a new Presidential Pearl of Dumbness.
The Meyer Lansky like Fed has cut back QE, but Treasury supply has also receded. So the Fed is still funding most new issuance, either…
Yesterday, opening our thread here in the wee hours of the morning, I wrote:
Sure enough, yesterday afternoon, there was this: JPMorgan says Biden Presidency could actually boost the market LOeffingL
https://markets.businessinsider.com/n…
Virtue-signaling texts from your $100 million yacht no longer impress, they enrage.For the past five decades, celebrities and other wealthy folks have sought conventional status signifiers / symbols: a couple hundred thousand acres of ranchland, a…
We now have second month in a row of rising PMIs readings, but the indices are still below 50 line
Jay Powell’s 2018 case for his economic “boom”, the one which was presumably behind his hawkish aggression, rested largely upon the unemployment rate alone. A curiously thin roster for a period of purported economic acceleration, one of the few sets joining that particular headline statistic in its optimism resides in the lower tiers of all […]
As the Fed has cut back on QE, Primary Dealers have also cut back their inventories of Treasuries and the leverage that they use to finance them. That’s not bullish. Here are the details and a few charts along with a suggested strategy to play the dealers’ game, not the one they want you to play as they set up new traders for the kill.
At this stage market are basically just a liquidity meth lab, an artificial behemoth constructed and subsidized by the Fed stepping in on any downside in markets. Following $3 trillion in liquidity injections […]
There are 5 mining picks on our chart list while digging gold patiently. Subscribers, click here to download report. Try Lee Adler’s Gold Trader risk…
The long holiday weekend has ended and bulls are back at their desks.
Bullish on Biden’s growing lead in the polls, right? Because when the market was going down 2 weeks ago, the papers said that was because the market feared Biden. I guess traders switched sides, because the charts sure look bullish again all of a sudden.
Wow.
Here’s what to look for to signal that this is for real. Along with a few ideas on how to ride it.