Pulling the sleeve down to hide the tracks doesn’t mean the addict is cured.Just for a change of pace, can we be bluntly honest about the U.S. economy? It’s difficult to do because we’ve chosen to ignore all the realities, much like a family that …
The timeline for recovery in the oil market was obviously overly optimistic. Markets now have to price in something that takes longer
History as well as common sense dictates heavy caution when it comes to the monetary puppet show.
The ES futures have broken the uptrend line from the March low. Is it healthy or ominous?
Gold has pulled back after breaking out of its trend channel. That’s usually a sign of a top. Now what?
Sadly, as markets stall and crash, participants will still be in their seats thinking all is well.The tragic 2009 crash of Air France Flight 447 offers an apt analogy ..
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 is throttling back on its market supporting QE operations. The results of that may be starting to show up in stock prices. Is the Fed worried? Should you be?
The Fed has created the illusion of functioning markets, but today futures traders are striking back. The Fed, with all its trillions, may not have the control that it wants, and Wall Street wishes. Today looks pivotal in that regard.
Short term cycles are due for tops and little pullbacks at least. If it doesn’t happen, it would be another sign that the long term…