No doubt the financial and economic stresses are building. Without even looking at the various and very weak economic reports, talk of and implementation of "negative interest rates" should tell you all you need to know. We looked at...
Just a short comment on a VERY BIG problem! The below chart shows “margin” balance on the NYSE with an inverted chart of the S&P500 laid over it.
We talked yesterday about the upcoming G-20 finance meeting, I said I believed it would not be "benign". Many readers have questioned why and to paraphrase "rarely has the G-20 made important announcements or decisions, why would they do...
No doubt "something" changed starting the second half of last year. In fact, in looking at many markets we saw change and reversals. The process took quite some time but global equity markets topped and many are now quickly into bear...
There were many questions to a recent interview I did last Friday (released Sunday) asking about what a "cashless" society would mean so I've decided to expand on it. As it turns out, the timing was very good (by mistake) because over the...
Hopefully you have read between the lines of my writings over the last few weeks and felt the urgency of the situation. Markets all over the world are coming apart at the seams and "control" is rapidly being lost.
After my last article we received two logical questions from readers. The first one pertaining to "gaps" and the Deutsche Bank derivative exposure; the second pertaining to Japan's strong currency with negative yields while the debt to...
The most common question I hear is "when". When does the system collapse? When will we experience a re-set? I think this is a very odd question. Odd because if you stand back far enough you should be able to see "you are watching it...
A topic written about before, "GAPS". This is no acronym, simply a description of what is going to happen, probably quite soon! If you don't know what a gap is now, you will know it when you see it! In technical terms, a "gap" opening...
The action in nearly all markets worldwide changed on a dime since January 1st. I am not sure “what or why” the change coincided so closely with the calendar year, but the rate hike by the Fed is the leading candidate. As for the real...