David Rosenberg explores Recession Arithmetic in today’s Breakfast With Dave. I add a few charts of my own to discuss. Rosenberg notes “Private fixed investment has declined two quarters in a row as of 2019 Q3. Since 1980, this has only happened twice outside of a recession.” Here is the chart he presented. Fixed Investment, […]
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The Fed's problem is not only are they caught in an "economic liquidity trap," where monetary policy has become ineffective in stimulating economic growth, but are also captive to a "market liquidity trap."
This Is Nuts Portfolio Position Review MacroView: Has The Fed Trapped Itself? Financial Planning Corner: By The Numbers For 2020 Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Catch Up On What You Missed Last Week Market Review & Update When you sit down with your […]
You would think that with the U.S. taking out a top Iranian commander, threats of military action flying between the U.S. and Iran, not to mention the "Selective Service" website crashing over concerns of World War III, the markets would be in full "sell" mode. If you thought that would be the case, you were wrong.
Market Review & Update MacroView: Is This A Repeat Of 2018? Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Catch Up On What You Missed Last Week Market Review & Update The first trading day of the year started with a “bang” with the S&P 500 […]
“Don’t fight the Fed” That is the current mantra of the market as we begin 2020, and it certainly seems to be the right call. Over the last few months, the Federal Reserve has continued its “QE-Not QE” operations, which has dramatically expanded its balance sheet. Many argue, rightly, the current monetary interventions by the […]
Gold broke out of a six year consolidation. Things look up in 2020. Gold Monthly Chart 2004-Present Gold Monthly Chart 2010-Present Smart Money Shorts I ignore short-term COT “smart money” warnings although I would prefer there to be fewer bulls. For discussion of “smart money“, please see Investigating Alleged Smart Money Positions in Gold. Pater […]
I was stunned by a recent article from Marshall Auerback via The Nation entitled “Why Democrats Need To Stop Worrying And Love The Deficit.” “Delivering on big progressive ideas like Medicare for All and the Green New Deal will never happen until Democrats get over their fear of red ink.” While the article is long, […]