The One Chart No Stock Bull Wants to See
If you are a stock bull, congratulations, you’ve unwittingly bought the market based on abject currency manipulation and nothing else. Stocks have been propped up via abject manipulation of the…
If you are a stock bull, congratulations, you’ve unwittingly bought the market based on abject currency manipulation and nothing else. Stocks have been propped up via abject manipulation of the…
As we’ve been outlining over the last few weeks, the auto-loan industry is increasingly looking like Subprime 2.0: the needle that will pop the credit bubble. Since 2009, roughly 1/3…
The market rig looks to be ending. Traders have gunned the market to a target of 2,400 on the S&P 500. They’ve hit that level repeatedly in the last 24…
The market is rising… or is it? The number of individual S&P 500 companies above their 200-day moving averages (200-DMA) has rolled over. Put simply, the broader market is NOT…
The Bank of Japan is once again pushing deflation into the financial system by aggressively devaluing the Yen against the $USD. This is the famed Yen carry trade. And it…
If you’ve been reading us for some time, you’ve probably wondered why the market keeps rallying no matter what. Time and again, stocks start to breakdown and then suddenly BOOM…
The Subprime 2.0 story is now gaining traction in the financial media. By way of brief review, here is the template for Subprime 1.0 (the mortgage meltdown). 1) Banks, hungry…
By now, anyone with a working brain knows that stocks are in a massive bubble. For most valuation metrics stocks have NEVER been more overvalued than they are today. However,…
The markets are speaking, but no one is listening. The single most important driver of the stock market since election night is the hype of a Trump-policy driven economic boom.…
Yesterday’s article caused quite a stir. The basic premise is that when you value the stock market based on objective metrics that cannot be fudged, it’s more overpriced than it…
Yesterday’s article caused quite a stir. The basic premise is that when you value the stock market based on objective metrics that cannot be fudged, it’s more overpriced than it…
The US stock market is officially in a massive bubble based on the one valuation metric that cannot be faked. Corporations can engage any number of accounting gimmicks to juice…
A tsunami of inflation is rapidly moving through the financial system. Most investors only pay attention to the Federal Reserve. And they are missing the BIG PICTURE for Central Bank…
The US has hit its Debt Ceiling. The only reason it has yet to result in a crisis is because the Treasury employed “extraordinary measures” to keep the markets functioning.…
France holds the first round of its Presidential election this weekend. The big worry for the markets is the fact that anti-Euro candidate Marin Le Pen could potentially win. Now,…
Trump is speaking… but the markets still don’t hear him. On January 17th 2017, the Wall Street Journal published an article in which Trump stated point-blank that the $USD was…
A tectonic shift is taking place in stocks. And those who have taken notice will be making SERIOUS money from it. Let me explain… Below is a chart of the…
The market is finally waking up to what we’ve been telling our clients since February… That Trump’s economic proposals, particularly his tax reform plan, would not be hitting in 2017.…
The economy is now in VERY serious trouble. The Fed’s own GDP models now show 1Q17 growth tracking at just 0.5%. This is DOWN from an original forecast of 3.2%…
While everyone continues to focus on Trump and his policies, a much larger issue looms. That issue is the US debt ceiling. The US Government hit its debt ceiling on…