This is the upside of hyper-litigiousness: prevention is prioritized as the most effective means of limiting future liability.Never mind prevention or vaccines; the big question is “who can we sue after this blows over to rake in millions of dollars?”&…
As I sit here Monday evening with the Dow having closed down 2000 points and the 10-year Treasury yield around 0.5%, the title of this update seems utterly ridiculous.
Yesterday I led off with the thought that the fucutures had a bead on 2700. The intraday low on the futures was 2695. I’ll try not to break my arm patting myself on the back. But gee, this happens so infrequently, a guy should be allowed to gloat once in a while.
The rally that I half hearted expected seems to be under way. It better stick for a while, or you can bet your bippy that the gates of hell will open and we will all be consumed in the fires of eternal damnation.
And you know that I never exaggerate.
Gold again challenged trend resistance and pulled back. This is a multiple choice test. Here are the answers. Only one of them is correct. If…
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.
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.
Nothing is scarier then crashing markets and one can debate whether his here is a crash or not. When I look at the $VIX ($VIX Shock) and some of the asset classes […]
The S&P seems to have a bead on 2700, despite not trading all night.
New York | The great sucking sound heard last week was the release of accumulated froth in the global equity markets. The FOMC’s decision to…