September 12, 2022 I would like to call your attention to an article in today’s New York Times, by Joe Rennison, with the headline: “Fed’s Fading Support Puts Bond Market Back at Risk.” (Monday, 9/12/2022) As the Fed tries to reduce its swollen balance sheet of $9 Trillion Dollars (up from the $4 Trillion Dollar…… Continue reading Bond Market Warning?
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A Dangerous Move?
September 11, 2022 On this anniversary of the September 11th attack on America, it is fitting we give some attention and thought to the millions of Americans that have contributed to the on going effort to maintain our unique Republic though great challenges, both internal, as well as external. On a completely unrelated note, Friday’s…… Continue reading A Dangerous Move?
An Impossible Task
The politicians have left Chairman Powell and the members of the Federal Reserve System with an impossible task; containing inflation without causing a recession. Since 2008-2009 the “No New Taxes” Republicans together with the “Medicare for All” Democrats have created an increase in the Federal Deficit now reaching 33 Trillion Dollars. Adding to that fiscal…… Continue reading An Impossible Task
At The Top?
August 28, 2022 Friday’s sharp 1,000 point decline was triggered by Fed Chairman Powell’s brief, but pointed, “inflation fighting”comments at the annual Jackson Hole, Wyoming economic meeting of the world’s financial elite. Fighting Inflation was job number one, for the Fed at this time, said Powell, even if it leads to some short term economic…… Continue reading At The Top?
Storm Ahead?
August 24, 2022 The recent weakness in many speculative stocks and Bitcoin, together with the continued statements from the Federal Reserve that “fighting inflation” is their top priority, should send strong warning signs to all investors, that difficult economic conditions are ahead. At first glance one would think this would benefit Banks, as they can…… Continue reading Storm Ahead?
Turning Point?
With a down day on Friday, 8/19/2022, the weekly upside trend for the stock market has been broken. Is this just a just a temporary pause in the five week uptrend that has recaptured almost 50% of the market’s 2022 decline, or something more significant? Although this is not investment advice, I would suggest that…… Continue reading Turning Point?
Has Inflation Peaked?
August 9, 2022 Looking at the uptrending stock market the past 6 weeks, one would think that with two, or three interest rates hikes, the Federal Reserve has put the recent inflation concerns to rest. We will shortly get a new inflaton reading and maybe the Wall Street Bulls will use it spin a positive…… Continue reading Has Inflation Peaked?
Recession Ahead?
July 26th, 2022 As the markets await the Federal Reserves decision today on whether to make a 3/4 point increase in short term interest rates, to contain inflation, or something more significant, like a full 1% increase, investors should consider this question. Are we facing a recession in the coming months? One technical indicator that…… Continue reading Recession Ahead?
Have we seen The Bottom?
July 22, 2022 With the strong rally the past 10 days in the stock and bond markets in the face of elevated inflation reports, and the very likely continued increase in Federal Reserve interest rates, some investors are starting to feel the worst is behind us, and it is time to add to positions. Is…… Continue reading Have we seen The Bottom?
Too Good to be True?
Sunday, July 17th, 2022 If investors needed another reminder that if something sounds too good to be true, it probable is, they got a big wake-up call this week. Crypto lender CELSIUS, which 9 months ago, said that they had $25 Billion, with a “B” in assets, under management, this week filed for bankruptcy, leaving…… Continue reading Too Good to be True?