Category Posts

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...

These next two weeks of global central bank meetings are setting up to be the most consequential two weeks of 2024 for markets. It's...

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...

Pundits are already making predictions for 2025, because no one told them it's still 2024. "You never count your money while you're...

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

The exact same data points that bulls are calling bullish, I call bearish. We've reached the point at which the bull case and the bear...

Where to begin. A duct taped banana just sold for $6.2 million at auction: "At one point another artist took the banana off the wall and...

In my last blog post last Tuesday I posited that we may have seen the last rate cut for this cycle - That the combination of fiscal...