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March 22, 2023 Despite the turmoil in the Banking Sector, the Federal Reserve, (Fed) did as widely expected, and raised short term intereest rates another 1/4 point. This is in the Fed’s belief, that raising interest rates, will eventually result in a lowering of inflation, to the target rate of 2% per year. History strongly…… Continue reading Is This Time Different?

Thursday, March 9, 2023 Most people are not paying attention to what is going on in the Banking Sector which is starting to send out warning signals. Major newspapers are reporting that consumer debt is at historic high levels as interest rates continue to increase. Default rates on auto loans are low by historiccal standards,…… Continue reading Are Warning Flags Flying?

March 8, 2023 It may be my cautious outlook, and certainly not professional investment advice, but I continue to see signs that the stock markets are heading for a replay of 2008. The implosion of the Chinese property market in 2021 (remember Evergrande?) which is still unresolved. The implosion of the crypto-currency and Bitcoin worlds…… Continue reading Heading to Another 2008?

March 7th, 2023 Today, Fed Chairman Jerome Powell, thru cold water on the hope that an economic slowdown, would cause the Fed to “pause” or “reverse” its current interest rate tightening cycle. Fighting inflation is still the Fed’s number one priority, and they are no where near achieving their goal of bringing the economy back…… Continue reading Banks in Trouble?

March 2, 2023 David Einhorn’s Greenlight Capital’s hedge fund, with a 36% return in 2022, says investors should be “Bearish on Stocks, and Bullish on Inflation,” for the coming year. Is anyone listening? With the 10 year U.S. Treasury yield topping 4% reaching a level not seen in several years, and mortgage rates hitting the…… Continue reading More Inflation?

February 9, 2023 Today’s chilling earnings report from Credit Suisse (CS) one of the oldest banks in Switzerland, that it had its largest banking loss since the financial crisis of 2008, sent the stock to down to almost $3.00/share. And that CS expected more “substantial” losses this year, as clients pulled billions of dollars from…… Continue reading Bubble Popping?

February 9, 2023 Since late December, investors have been receiving bad news about the economic outlook as major companies continue to cut staff in “restructuring” moves as they foresee a difficult 2023. Yet, January has turned out to be a very positive month for most investors particularly in a number of stocks with heavy short…… Continue reading Bad News is Good News?