Rick Ackerman
Rick Ackerman Articles
The massive terrorist attack by Hamas on Israel over the weekend will unsettle the geopolitical world for the foreseeable future. The economic implications are potentially too grave to be treated merely as a tradeable event; investors...
Price action last week in the charts of three bellwethers suggests that this year’s ‘October surprise’ could arrive right on schedule and that it could be a doozy. The first shows the dollar’s so-far shallow correction off a minor Hidden...
The bullish gap on the chart holds ominous implications for the global economy, since it removes almost all doubt that interest rates on U.S. Treasury Bonds are headed significantly higher.
Must have been something stimulating in that New Jersey aquifer we drank from, before saltwater and tritium from the Salem County nuclear plant made Bourbon the safer beverage. Since the Great Depression, an ever-inflating Fed made houses...
Can the Wall Street Journal‘s headline writers save America’s juiced-up economy from going bust? They are certainly trying. Check out their lede in Friday’s editions: The Fall in Home Prices May Already Be Over.
A handful of tech moguls already control the global flow of information, but their influence over our lives will only expand and deepen if Congress doesn’t do something soon to pry their greedy hands from the ultimate fruits of AI...
On July 12, the Bureau of Labor Statistics reported that the Consumer Price Index (CPI) for the 12 months ending in June came in at 3% inflation. This annualized inflation rate represents a drop from 9.1% in June of last year, which was...
Is Mr. Market about to deliver the coup de grace to bond bulls? It certainly appears that way. They’ve been getting schmeissed regularly since a frightening few days back in March 2020.
Last week’s commentary said the first big correction of 2023 had a ways to go, and that is still the case. If there were any doubts about this, Apple’s swan dive Thursday on punk Q2 earnings released after the close should have dispelled...
My ‘Chipotle indicator’ suggests that CMG, along with other high-fliers and the broad averages, could fall by at least 27% from recent highs before the bull market resumes later this summer.
