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Category: Opinion

The Most Dangerous Game

How can I not talk about the Fed? How can I not talk about the daily jawboning? It is all around us. Every. Single. Day. And it keeps working. I feel like […]

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Do Not Mix

A couple market lessons from history perhaps worth considering for both bulls and bears. I’m an analytical soul. Data and facts matter to me. But clearly they don’t blend well in our […]

Curveball

If you went panic chasing into stocks following Jay Powell’s ‘ready to act’ speech on June 4 on the expectation for imminent rate cuts you just got thrown a curveball: Economic data […]

Global Fail

I can’t emphasize this point enough: The fact that central banks are about to embark on a new easing cycle, here and now, represents a global fail of epic proportions the magnitude […]

Game Over

Game over. The grand central bank experiment of the last 10 years has ended in utter and complete failure. The games of cheap money and constant intervention that have brought you record […]

The Fed is IT

Please don’t anybody act surprised by today’s rally. We were oversold, we hit key technical pivots and a bounce was due, but the trigger was well advertised in advance. 13 Fed speakers […]