Category: Uncategorized

Is the recent collapse of the FTX crypto platform a warning that their are significant flaws in the world’s financial system? It certainly could be a wake up call for those investors who believe that as soon as the Federal Reserve (the Fed) starts to “pivot” on their program of raising interest rates, the Bull…… Continue reading FTX Implosion?

Each day we get new reports of personnel layoffs at major corporations: 10,000 layoffs at Amazon, 10,000 layoffs at META (FB) and 50-75% of the staff at Twitter. Not going to be a Merry Holiday Season as all of these high priced Engineers and Computer Scientists try to find comparable positions in the Tech industry,…… Continue reading Recession Ahead?

As we have been suggesting these past weeks, bitcoin could face a massive sell off if it closed below $18,000 per coin. The same sell off was likely for TSLA if it closed the week below $200/week. Both of those key support levels appear to have been broken this week. So look out below! The…… Continue reading Bitcoin Implosion

October 31, 2022 Despite a weak stock market today, it looks like the Stock Markets will conclude another weekly gain. Is this the early beginning of a “Santa Claus” year end Holiday rally, or merely another short covering rally fueled by hopes that the Federal Reserve will start to “pivot” from its interest rate increases…… Continue reading Wishful Thinking?

Wednesday 10/19/2022 Is the market’s very strong rally the past two days, the beginning of a new bullish trend, or the result of Central Bankers stepping in to support the equity markets, in the same way, the Bank of England stepped in last week to stem a melt-down in their Bond market? It is my…… Continue reading Technical Bounce?

Wednesday, 10/19/2024 A financial crisis in the United Kingdom seems to have been averted the past few days, with the sudden sacking of Prime Minister Truss’s finance minister. Their ill-conceived plan to stimulate the economy with tax cuts for Corporations and the Rich, combined with more spending financed with the creation of more debt, has…… Continue reading Deficits Don’t Matter?”

October 10th, 2022 A friend just asked me to review her portfolio which has an independent money manager at a major wire house. She is concerned that the account is losing value since last year when a new manager was hired. In reviewing this month’s statement, I see that the account has lost about 20%…… Continue reading Caution

October 11, 2022 This morning the International Monetary Fund, IMF, released a report significantly cutting their growth forecast for next year, and warning “the worst is yet to come.” For those investment advisors and investors who have been riding the past months decline in stock and bond prices, with the expectation that the Federal Reserve’s…… Continue reading Wake Up Call?