Japan announced negative interest rates Friday which caused a bounce in Europe and then in the US. It is as if "they saved the world"! I have just a couple of comments before digging in to this. First, "why didn't someone think of this...
Every once in a while it is a good thing to review something we already know and have known for quite a while. What we're talking about are derivatives and the very basics of how they work... or not. We have seen massive volatility since...
A reader recently sent me these charts. I do not know who put this collection together to give credit to but I do want to say these charts pretty much tell the WHOLE STORY! Please note each graph has grey shaded areas which identify...
"Someone is lying?" is a humorous title because in today's world this could pertain to nearly anything. In this case I am speaking of the Dallas Fed and the banks they oversee. As you know, Zerohedge wrote last Friday of the Dallas Fed...
Those who have been reading my work for any length of time know I have been adamant we would someday face a "global margin call." I believe this call was issued last week! No matter how you look at the world, whether financially,...
2015 was a very interesting year in its own right…but the way it finished was even more interesting. As the year progressed, we saw global trade, GDP and earnings weaken significantly. We saw unprecedented rhetoric geopolitically while...
As we wind up the year, let's first briefly look at where we are and then wrap up with a most very basic concept "it is hoped" you will never see ...until it's too late? Before getting started I would like to apologize to readers as...
Normally it's not a good idea to write about the same subject twice in a row because not much can be added and reader boredom sets in. What happened last Wednesday deserves another look because I believe it marked a huge pivot point and...
Many situations around the world now look to be coming to a head. Geopolitically the East/West push and pull has heated up in the Middle East. Iraq now looks to be pivoting toward Mr. Putin and Russia and away from the U.S.
So what exactly happened last Thursday? The markets (including the dollar) crashed...and this was not supposed to happen? It's actually quite easy to understand if you see what they did was "only a test" ...Do you understand what I mean...