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…
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.
Bubbles always burst, and the confidence that “this isn’t a bubble” and “the Fed has our back” are counter-indicators.Here we go again: stocks have once again reached nosebleed valuations completely disconnected from reality–in other words a repeat of…
There is no way authorities can limit the coronavirus and restore global growth and debt expansion to December 2019 levels.Authorities around the world are between a rock and a hard place: they need policies that both limit the spread of the coron…
Nasdaq green for the year. What crisis? The Fed’s got this. Only took $2 trillion in balance sheet expansion in four weeks and all is well again. Non. Sense. Indeed I can […]