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MAGAnificent! The Economic Truth or Terror is Known at Last
What does MAGAnificent America look like now that it’s here? Does America really feel greater after the last four years? Be honest now. Be really honest. From where I stand, America has never looked worse in any year of my life! That’s a statement packed with facts.
And That’s How it All Came Down
On June 12, I wrote, The market is moving into waiting mode as the Fed’s next FOMC meeting where they have the opportunity to live up to the rate-cutting hopes they’ve raised come next week. As it does, it is forming that topping pattern that keeps repeating at this level. “Frothy Bubbles Make Me Whine“ […]
2019 Economic Headwinds Look Like Storm of the Century
2018 was the year Wall Street was wrong about everything. You can trust your stock broker if you want, but 2018 doesn’t give much confidence in her ability to stop talking her book and start talking straight. However, this overview of global economic headwinds — greater in number and more severe than I can ever […]
Is it the Fed or is it the Trump? Here’s the Truth.
President Trump wants to blame the Fed — Jerome Powell in particular — for the stock market’s nasty action this fall. If things keep going this badly, you can be sure the Fed chief will want to blame Trump and his treasurer Munchkin for recent tweets that killed Santa Claus and for trade wars and […]
Fed Med is Dead: How We Went from Fake Recovery to Freefall
Until you got to this tax and spending deal a year ago, it was one of the most hated bull markets. The markets steadily climbed one wall of worry after another, and the problem was that the economic data did not confirm it. –Bloomberg That’s right. The market was not rising for the past ten […]
