Commentary

Technically Speaking: Is The Risk Of A Bigger Correction Over?

Is the risk of a more significant correction over now that the expected 5% decline is complete? That was a hotly debated question after this past weekend’s newsletter supporting the idea of a reflexive rally into year-end.

Commentary

Why We Aren’t Repeating The Roaring 20’s Analog

No. We are not repeating the “Roaring 20’s” analog. Ben Carlson had a recent post asking if the “Roaring 20’s” are already here?

Commentary

The 5000-Year View Of Rates & The Economic Consequences

The fact we have the lowest interest rates in 5000-years is indicative of the economic challenges we face.

Commentary

Technically Speaking: Stocks Bounce Off The Lows. Time To Buy?

On Monday, stocks solidly cracked below the 50-dma, but the bounce off the lows has investors asking if it’s “time to buy?”

Commentary

Deficit Deniers & 40-Years Of Economic Erosion

After 40-years of economic erosion, there are still deficit deniers.

Commentary

Wall Street Sets Its Sights On S&P 5000

We don’t disagree the S&P 500 could well hit a target of 5000. But, let us be honest about the reasons why...

Commentary

What’s Wrong With Gold? Absolutely, Nothing.

Gold. What’s wrong with it? From spiking inflation, falling real interest rates, and massive money printing, it seems logical that gold, a touted inflation hedge, should be rising. Yet, so far this year, gold has done little.

Commentary

Technically Speaking: The Bulls Warn The Fed Not To Taper

As the Fed started to talk about “taper,” the “bulls” sent a stern warning with a 2% “crash” they shouldn’t. After a couple of weeks of several Fed speakers discussing the need to reduce monetary accommodation, a quick sell-off brought had Powell singing a “dovish” tone at the recent Jackson Hole summit.

Commentary

Japanization: The S&P 500 Is Tracking The Nikkei Of 1980

The question of Japanization in the U.S. continues as the S&P 500 tracks the Nikkei of 1980.

Commentary

This Won’t End Well – Gen Z’ers Take On Debt To Invest

Young investors are taking on personal debt to invest in stocks.

Commentary

Technically Speaking: “Pet Rocks” & Other Signs Of A Rich Market

“Pet Rocks” first appeared in the mid-70s as a novelty item. Just recently, digital NFT’s of “pet rocks” sold for over $100,000.

Commentary

Fastest Bull Market In History As S&P 500 Doubles

In the fastest bull market in history, the S&P 500 doubled from its pandemic lows.

Commentary

Did The Fed’s Monetary Policy Experiment Just Fail?

Did the Fed’s “monetary policy experiment” fail?

Commentary

When Is The Next Bear Market? 3-Things Will Tell You

The question I get most often is “when is the next bear market?” There are three specific items that tend to predict bear markets and recessions with some accuracy.

Commentary

The Data Shows The Fed Is Behind The Surging Wealth Gap

The data shows the Fed is behind the surging wealth gap.