Over the last week, we’ve been outlining the absurdity of Treasury Secretary Janet Yellen’s belief that higher inflation and higher interest rates would for the U.S. By quick way…
Stocks continue to churn. The S&P 500 has been in a consolidation phase since mid-April. Yes, we’ve had a few runs to new all-time highs, but as the below chart…
Yesterday I noted that gold is telling us that the Fed is indeed going to let inflation run hot. Remember, the Fed can stop inflation at any point by tightening…
Well, it’s confirmed, inflation is no longer just running hot… it is ROARING. The Markit’s US Manufacturing PMI is a monthly survey that interviews managers in the private sector to see…
Yesterday I outlined why I believe most crypto-currencies will eventually prove worthless. By way of quick review, crypto is a tech asset. And all technological revolutions follow two phases: The…
Yesterday I outlined why I believe most crypto-currencies will eventually prove worthless. By way of quick review, crypto is a tech asset. And all technological revolutions follow two phases: The…
I’ve received a number of emails from readers asking for my thoughts on crypto currencies. First and foremost, I must warn you, I am a no-BS type analyst. So, if…
In yesterday’s article I noted that while stocks are clearly forming a top, there are, as of right now, ZERO signs that it is THE top. Remember, the fact that inflation…
Over the last few articles, we’ve outlined the following: 1) Inflation first appeared in the financial system in August 2020 and has since accelerated. 2) This has hurt Tech stocks…
I’ve been warning for weeks and weeks now that inflation was going to be a major problem for the financial system. Yesterday we finally got a taste of it. The…
Yesterday, I outlined how the rise in inflation has slammed Tech stocks lower. By way of a quick review, Tech, as represented by the NASDAQ is highly sensitive to inflation…
The Tech Boom appears to be over. From the March 2020 lows, Tech was a major leader in the markets. This makes a lot of sense as Tech was one…
Yesterday I pointed out how inflation has become deeply embedded in our financial system. As a quick recap, inflation arrives in stages. It’s not as though it appears overnight and…
It’s official, inflation is now deeply embedded in the financial system. You see, inflation arrives in stages. It’s not as though it appears overnight and suddenly the cost of everything…
We’ve been outlining how the Fed and other central banks have unleashed an inflationary bubble in all assets… truly an Everything Bubble. We’ve already assessed the impact this is having…
As I’ve been outlining for the last few weeks, the Fed and other central banks have finally succeeded in unleashing inflation. The Fed and its ilk are trying to downplay…
So far this week I’ve outlined: Why you should BUY stocks when they start bubbling. That bubbles typically last months if not years once they start. Selling at the first…
Stocks will start the week slightly down. However, in the intermediate term, it is now clear that the markets are bubbling up. We are seeing clear signals of market mania everywhere. 1) …
On a day-to-day basis, the market is chopping. Indeed, the S&P 500 made a large jump over the weekend, but has effectively chopped in a 10 point range ever since.…
Here’s a jaw dropping statistic for you… If the Biden Administration’s Infrastructure Program is signed into law, the U.S. will have spent nearly $10 TRILLION in a single year. Yes,…
