Let’s start with the economic situation. The Euro Crisis is by no means over. In fact, we’ve yet to get the details of the mega-Euro bailout that is supposedly going…
Given the ridiculous number of rumors (and ridiculousness of some of the rumors) related to the US and EU debt talks that are circling the financial community, I thought it…
Editor’s Note: The following is an excerpt from my latest issue of Private Wealth Advisory. In it, I present the most comprehensive overview of the European debt crisis out there,…
The 2008 Crisis occurred when private US banks became so distrustful of one another’s balance sheet risk that interbank liquidity dried up triggering a systemic implosion in the unregulated derivatives…
Stocks have started to break down in a big way again. It looks as though we’ve entered a wide trading range on the S&P 500: If we don’t bounce hard…
Indeed, it just posted the single biggest money pump since Lehman Brothers… on the week of June 27 2011. If you’re looking for a reason that stocks have been ramped…
The Fed must literally be about to pee itself. The $600 billion in QE 2 bought at best roughly three months’ worth of improved economic data. Granted, it was heavily…
Forget the details and the specifics… here’s the latest news you need to know about. Europe is bankrupt and the EU will not exist in its current form within 12…
Over the weekend it was announced that the European Emergency fund may not be large enough to bailout all of the country’s who are bankrupt in Europe. This is really…
The financial world is beginning to break down in a big way today. In the currency markets, the second Greek bailout is turning out to be precisely the dud I…
I’ve been warning for years that an inflationary storm was coming. I’ve recently tailored my forecast to allow for a resurgence in deflation based on QE 2 ending and the…
The financial world seems to think that because Greece accepted another bailout we’ll be off to the races in the markets. Aside from how absolutely moronic this view is (how’d…
The trouble with financial forecasting for Europe is that the biggest decisions are always made in the political arena, NOT economically. Case in point, Greece, which is obviously bankrupt, voted…
With most of Wall Street absent in advance of the long weekend, those few traders on the street took advantage of the low volume to gun the market higher last…
In case you missed it, Alan Greenspan just set a new world record for hypocrisy stating that the Fed’s stimulus has had little impact on the US economy. As a…
Bernanke has a real problem on his hands. QE 2 spent $600 billion and got him at best a few months’ worth of upticks in well-massaged economic data. In the…
First up is the Euro which has the makings of a triangle pattern. These patterns can break to either the upside or the downside… although it’s hard to find reasons…
This week we won’t be looking at charts, but instead discussing the most important macro issues that will determine the future trends of all asset classes. Tomorrow Greece’s parliament votes…
Today at 12:30, we’ll know where things are headed. Today at 12:30PM the Fed will release is FOMC minutes. With QE 2 ended in another week, the Fed June FOMC…
The Euro continues to rally despite the clear fact that the Eurozone is a disaster. It’s strange than grown adults can actually be discussing another Greek bailout when the first…
