Sometimes technicals work so brilliantly it just has to be pointed out. A big rally was going to come. After all we’ve had the most oversold readings ever on some measures and […]
Why didn’t they think about this first? All of a sudden, with markets in the toilet (especially stocks), everyone is itching to get the economy back up and running. The first real peeks at what’s happened to it (as we’ll see in a minute) have definitely contributed to what seems to be an about-face. Many […]
OK, so I’m worried about the potential for hyperinflation. Meanwhile, here’s how today’s charts look. Going up?
It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.” —Adam Smith, The Wealth of Nations
Hyperinflation is coming.
OPERATION – RESULTS Operation Date: 03/24/2020 Operation Type: Outright Coupon Purchase Release Time: 02:29 PM Close Time: 02:50 PM Settlement Date: 03/25/2020 Maturity/Call Date Range:…
The collateral supporting the global mountain of debt is crumbling as speculative bubbles deflate.A great many freebies are being tossed in the Helicopter Money basket. That households experiencing declines in income need immediate support is obvious, …
When a house is on fire nobody has time to think about the future. All effort is on extinguishing the fire and save what’s left. That’s the Fed’s role right now dousing […]
The last few remaining shorts ran for cover on the Fed’s announcing that it was going Conehead this morning. But here are the only things that matter for traders today
We knew this was coming. The Fed has to finance the $2 trillion econonmic rescue borrowing. The market can’t do it. So the Fed must print the money to buy it.
This all in gamble better work. Because if it doesn’t…
Check this out.