By Graham Summers, MBA Bad news for anyone who’s bullish. The yield on the 2-year U.S. Treasury just hit a new high. This entire collapse in stocks thus far in…
By Graham Summers, MBA One of the central theses of my bestselling book The Everything Bubble is that once a central bank embarks on a path of extraordinary monetary easing, it can never…
By Graham Summers, MBA Aaaaaaaaannnd another country is losing control of its financial system. We’ve already assessed the fact that the financial system of the United Kingdom (U.K.) is in…
By Graham Summers, MBA The situation in the United Kingdom (U.K) is accelerating now. Several weeks ago, the new government in the UK introduced a tax cut. The financial system…
By Graham Summers, MBA Stocks are now in very serious trouble. The ENTIRE collapse thus far in this bear market for stocks has been due to bond yields rising. When…
By Graham Summers, MBA Let’s talk about market structure. The S&P 500 is extremely weighted towards Tech stocks. Tech is the largest sector by weighting. It is in fact larger than the…
Amazon is currently running a special on my best-selling book, The Everything Bubble…it’s 25% off on paperback and 85% off the Kindle version. So if you’ve yet to pick up a…
By Graham Summers, MBA Yesterday I asked, “is the Fed about to hit the PANIC! button like the Bank of England?” The markets certainly acted like it: stocks, Treasuries, oil,…
By Graham Summers, MBA Yesterday I asked, “is the Fed about to hit the PANIC! button like the Bank of England?” The markets certainly acted like it: stocks, Treasuries, oil,…
Two weeks ago, the new government in the U.K. introduced a series of major tax cuts aimed at stimulating the economy. Tax cuts mean less tax revenues, which in turn…
Amazon is currently running a special on my best-selling book, The Everything Bubble…it’s 25% off on paperback and 85% off the Kindle version. So if you’ve yet to pick up a…
By Graham Summers, MBA Treasury bond yields are rising again. And this is really bad news for stocks. Why? Because these bonds are the bedrock of our current financial system. They are…
By Graham Summers, MBA As I mentioned on Monday, the Great Currency Wars have begun. Japan is about to intervene directly in their currency markets. And why wouldn’t they… Japan…
By Graham Summers, MBA As I noted yesterday, Japan has unleashed the next wave of inflation. By quick way of review: 1) Japan’s central bank, the Bank of Japan or…
By Graham Summers, MBA Japan just hit the “panic” button regarding inflation. Over the last few two years, the Japanese Yen has imploded as the country’s central bank continued to…
By Graham Summers, MBA The Fed’s worst nightmare has arrived. That nightmare? Sticky inflation in the form of a wage spiral. Inflation doesn’t enter the financial system all at once;…
By Graham Summers, MBA As I warned yesterday, the next crisis is just around the corner. By quick way of review… 1) The Fed takes its cues on where rates…
By Graham Summers, MBA Are you ready for the next crisis? You better be… because the Fed is losing control of inflation and the bond market… again. Historically, the Fed…
By Graham Summers, MBA Judging from last week, the bear market rally ended right at the 200-day moving average (DMA) for the S&P 500. This was right where market leaders…
Yesterday we put this recent stock market rally in the context of historical bear market rallies. By quick way of review. It is extremely common for stocks to rally, and…
