The #TaperCaper manifested with vigor on a Fed pivot during its FOMC monetary policy announcement last Wednesday which included a new dot plot graph (page 4) that forecasts the slashing of interest rates next year. Any reference to it just being “dovish” is an...
Today’s analysis includes a few choice articles, charts, and interviews since events impacting the stock market are increasingly nefarious. In addition to my usual Dow and S&P 500 technical analysis, the NASDAQ 100 and Russell 2000 charts will follow the topics at...
Dear Reader, Of all the writing I’ve done, what I’m going to tell you today will be a first for me. I write this to you now as what’s probably the most personal, direct message I’ve ever written: I am exhausted and relieved, drained yet utterly exultant. I’ll go ahead...
Don’t Gamble With Your Purchasing Power – This is Serious Dear Reader, It’s very common for nearly everyone to experience a nightmare of yourself being swept away in a wild river current and then being dumped over a Niagara-type fall. It’s depicted in countless...
Examine the picture below. The global economy thrives on debt and credit. We purchase essential products using debt/credit. The U.S. dollar bill is a debt of the Federal Reserve. All debt based assets have counter-party risk. The St. Louis Federal Reserve publishes...