May 29, 2025 Over 35,000 people are gathering to attend a cryptocurrency convention this weekend to celebrate the introduction of this asset class to the world of real money, cheered on by the Trump Administration. Led by Vice President J.D. Vance and cryptobillionaire and Commerce Secretary Howard Lutnick, the crypto promoters appear to be a…… Continue reading Bitcoin to the Moon, Alice!
Tag: inflation
$36 Trillion, and Counting
May 7th, 2025 Fed Chairman Jerome Powell, and many other Economists, have warned the Country time and time again, that the growing National Debt is “unsustainable.” As the annual interest payments on the National Debt approaches One Trillion Dollars per year, and is now more than the Government spends on National Defense, ($820 Billion), and…… Continue reading $36 Trillion, and Counting
Gold Shines
April 16, 2025 Although this is NOT investment advice, I believe that Trump’s on-again, off-again tariffs are damaging the world’s economy and could lead to a business recession in 2025, or even something worse, as Fund Manager Ray Dalio suggests. Everyone needs to make their own investment decisions with the help of their own investment…… Continue reading Gold Shines
Where’s the Bottom?
Saturday, April 5, 2025 In the two days following Trump’s reckless introduction of the opening round of a worldwide trade war, aimed at friends and foes alike, the stock market has lost trillions of dollars of market value. China responded, “We see your tariffs, and we raise you our own tariffs. In addition, we increase…… Continue reading Where’s the Bottom?
Still Negative on the Auto Sector
April 26, 2023 Although I am not a professional auto analyst, and this is in no way investment advice, I continue to believe the Auto Sector, of GM ( ), F( ) and TSLA ( ) could be a sink hole for investors in 2023. On Tuesday, General Motors (GM) reported an 18.5 percent drop…… Continue reading Still Negative on the Auto Sector
Another Bankruptcy!
Over the weekend, another unregulated Crypto Currency Firm, BlockFI filed for bankruptcy, with over 100,000 creditors, and with potential liabilities between One Billion to Ten Billion Dollars. Now joining the growing ranks of other unregulated firms such as FTX and its sister trading house, Alameda Research, and other firms like Voyager, Celsius, and Three Arrow…… Continue reading Another Bankruptcy!
Bond Market Warning?
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?
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?
Powell to the Rescue?
After several days of speculation, Federal Reserve Chairman Powell raised interest rates 3/4’s of a point, in a determined effort to choke off inflationary forces. Although this shows how determined the members of the “Fed” are in trying to bring inflation back under control, concerns are starting to grow, that this may also produce a…… Continue reading Powell to the Rescue?
AAPL & TSLA Warning Signs?
Two of the stock market’s major leaders, Apple (AAPL) and Tesla (TSLA) are close to flashing major technical SELL signals, when their 50 day Moving Average crosses below the 200 day moving average. The so-called “death cross.” Of course, like all technical indicators, the “death cross” and it’s opposite technical indicator, the “golden cross” are…… Continue reading AAPL & TSLA Warning Signs?