With options expiration over for this month, the stock market is now clinging primarily to the Fed FOMC meeting tomorrow and Wednesday. As noted in last week’s market forecast, if…
The US economy is literally on the ledge of a cliff. Today, the Federal Government accounts for 35% of incomes and salaries in the US. That’s over one third of…
With the economic numbers getting worse and worse in the US, it’s clear that the Fed’s policies thus far have ended in abysmal failure. Indeed, I really can’t see how…
As stated in my weekly forecast yesterday, the markets are rapidly adjusting to the fact that QE 3 is not coming anytime too soon. Indeed, the two primary pro-money pumpers…
Things are moving quickly now. Stocks have taken out the critical support lines of 1,294 and 1,275. We’ve also taken out the 50-DMA in a big way and are now…
As you know, as far as stocks go, I’m about as bearish as it comes. However, if you’re looking for income, stocks today are far more attractive than sovereign bonds.…
No investment goes straight down or straight up. This is especially true when an investment is changing trends from bullish to bearish and breaks below a key support level. Instead,…
Throughout most of 2009-early 2011, any and all bad news regarding the US economy was perceived as positive for stocks due to traders’ belief that a weak economy would mean…
Despite the fact we were told repeatedly that the Greece situation was solved just 12 months ago, the country is once again at the forefront of the ongoing crisis in…
Last month I warned that we could see another round of deflation before the Fed announces QE 3. At that time I wrote… Indeed, if stocks were to drop off…
It’s very strange to see commentators claiming that QE 3 will end and the Fed will no longer supply any juice to the system. After all, we have not had…
As I write this, Germany is rumored to have agreed to a second bailout for Greece. The Euro and stocks are rallying hard on the announcement. Silver and Treasuries are…
I recently discovered that famed financial commentator, Mike “Mish” Shedlock published a piece in which he quoted an article I published and proceeded to tear my views (at least what…
This latest pullback in the commodities space has presented long-term bulls and inflationists with a terrific buying opportunity in the inflation hedge are. Indeed, Silver looks to have put in…
While Barack Obama is chugging Guinness and Congress is doing… well not much of anything, we’ve breached the US debt ceiling. That’s correct, the US now has more debt than…
For months now the commodities sector has been leading stocks. Of the commodities agricultural commodities were the market leaders: they began this rally back in June 2010, a month before…
This is a continuation of an essay I wrote yesterday concerning the Fed’s moves during the financial crisis. As a recap, here are those moves again: The Federal Reserve cutting…
The QE 3 debate has been raging ever since the Fed announced QE 2 in November 2010. However, this debate is moot. The reason is because the Fed HAS to…
This is a continuation of a series of essays I wrote concerning the global shift away from the US Dollar as reserve currency. If you missed those essays, a brief…
The following is an excerpt from my paid newsletter Private Wealthy Advisory detailing the global shift away from the US Dollar as the world’s reserve currency. It also specifies what…
