Feb 63 min readThe Trump RallyFor almost the past 24 hours, Zerohedge has had as their lead story the idea that Trump's election is a lock and Wall Street is now going...
Feb 51 min readThis Market Wants To CrashToday the S&P Momentum Index (ETF) reached 2020 pandemic overbought at 20% above the 200 day moving average: https://www.invesco.com/us/f...
Feb 52 min readArtificial Intelligence: The Last BubbleThis morning, Goldman Sachs upgraded Nvidia to what I call "Strong Ponzi Scheme". Looking back, I think we will realize this was the apex...
Feb 52 min readChina CrashThis is a special report on China... Last night, Chinese markets imploded at the open but then the PBOC Politburo stepped in to save the...
Feb 34 min readBank Run 2024One year ago, Powell shocked markets by stating that the Fed was not planning to pause rate hikes any time soon. Heading into the Jan/Feb...
Feb 22 min readThe Final RotationWhat follows is a summary of this week's events. The much anticipated FOMC meeting came and went and the Fed was every bit as hawkish as...
Feb 13 min readMonetary Illusion X.0Ten years ago hedge fund manager Hugh Hendry wrote in his annual letter that central banks have given rise to a new form of investing...