Category Posts

So far, Trump's second term is beginning the same way his first term began with respect to economic policy. In his first term, Trump...

"And so we're told, this is the golden age And gold is the reason for the wars we wage" The inauguration weekend kicked off with the...

Two trading days until Trump is inaugurated on the MLK holiday. I've read no pundits warning that next week is the locus of disaster....

"Sooner or later everyone sits down to a banquet of consequences" Denial has officially moved past the "This is not happening" phase to...

The technical definition of a bear market is -20%, however it appears that confirmation of bear market will arrive around the same time...

So far, the most highly anticipated Santa Rally in world history is heading in the wrong direction. Chalk that up to lessons in Ponzi...

The year is basically over and Wall Street "won". The usual bagholders have gone all in and now the annual Wall Street bonus is off the...

This week the Fed tanked markets with a hawkish pivot off of a universally expected and yet totally unwarranted rate cut. As I said on...

The seminal week begins... On Thursday last week Trump was named Time's Person Of The Year and he rang the opening bell at the NYSE. Two...

There are rarely times in markets when one can say with absolute conviction that this is going to end extraordinarily badly, with 100%...

Cycle overbought stock market Record leveraged speculation Record U.S. stock inflows Global Trade War / EM currency implosion Fed / BOJ...

For those who don't recall the etymology of "Black Friday", historically it was the day of the year when retailers finally turned a...