One of the most difficult things to learn about the stock market is the fact that it has little, if anything, to do with the real economy. This is a…
On Friday I outlined a very disturbing reality. That reality? That the Fed is very likely now a political entity. By quick way of review: Fed Chair Jerome Powell’s term…
Over the last two days, I’ve outlined THE single most important development you need to see, in order for the market to crash. Think of them as BIG warnings, or…
Yesterday I outlined THE single most important development you need to see, in order for the market to crash. Think of them as BIG warnings, or the FOUR Horsemen that…
Over the last few weeks, I’ve been outlining the clear evidence that stocks are in a bubble, arguably the largest stock market bubble of all time. In truth, however, it’s…
Over the last few weeks, I’ve been outlining the clear evidence that stocks are in a bubble, arguably the largest stock market bubble of all time. In truth, however, it’s…
While the stock market continues to rise to new all-time highs, the options markets are betting on a massive crash. If you’re unfamiliar with options, they are securities that give…
The #1 question I’m asked these days is… “Are stocks in a bubble?” Defining a bubble in stocks is extremely difficult because stock prices are based heavily on Treasury yields,…
The deflationists had another bad day yesterday. Deflationists argue that inflation doesn’t exist because the Treasury market isn’t acting as if inflation is a problem. They always fail to mention…
So, will it be stagflation after all? It is already clear that inflation has entered the financial system. Those who claim that this cannot be true because Treasury bonds aren’t…
It is impossible to understand what is happening in the U.S. today from a COVID-19 policy response. One day Dr Fauci says there will NOT be lockdowns, and the very…
Yesterday President Biden suggested that the U.S. might face another wave of lockdowns. Among the various policies he hinted at were: 1) Mandating that all Americans get the Covid-19 vaccines.…
Over the last two days, we’ve outlined how the bond market is predicting a surge in inflation. By quick way of review: Real rates, as measured by the difference between…
Yesterday I outlined how real rates suggest gold will be moving MUCH higher in the coming months. By quick way of review: Because we are in a fiat-based monetary regime,…
On Friday we outlined the strange price action in gold. As a quick recap: Because we are in a fiat-based monetary regime, gold trades like any other asset. Specifically, gold…
Yesterday I noted that Friday’s action was very troubling. By quick way of review: It is unusual for stocks to close down on Friday. It’s even more unusual for stocks…
The #1 issue for the markets this week is the $USD. The U.S. dollar is strengthening. A strong dollar is not necessarily a bad thing, but it runs completely contrary…
Over the last three days, I’ve been outlining how the Fed “spooked” the bond markets into believing it will move to crush inflation sometime in the next 18 months. Yesterday…
Yesterday I outlined how the Fed is extremely late to curb inflation. As a brief recap, it only took CPI clearing 5%, multiple signals that inflation is running hot, housing entering a…
So the Fed finally moved… but what precisely did it do? After a full year of the most extreme monetary policy in history, including… Over 12 months of ZERO interest…
