Posts Tagged ‘David Stockman’
Is the Fed About to Reverse Course?
The Fed, the central bank of the United States, after increasing interest rates by .25% after its last meeting, issued a statement that was a bit different than other recent statements after the Fed decided to increase interest rates. Here is a comment by Fed Chair Jerome Powell pointing out the differences between the…
Read MoreAbout Stocks and Bonds
The stock market highs of November have not yet been taken out and my long-term trend-following indicators continue to become more bearish. At this point, a “Santa” rally looks less likely especially given the Fed’s recent statements about accelerating the taper or slowing the rate of currency creation. As the longer-term readers of…
Read MoreArtificial Markets
On numerous occasions, I have made the case that, financially speaking, we live in a land of make-believe. In other words, many financial markets are artificially inflated. The base cause of artificially inflated markets is the devaluation of the US Dollar. Dollar devaluation, stated another equally accurate way, is price and asset inflation. Anything…
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