As we have repeatedly warned since mid-December, the “Trump trade” was based on hype. This is not to say that President Trump will not succeed in generating economic growth…it IS to say that whatever growth is coming will do so in 2018 as...
The market is now on very thin ice. Yesterday worked off some of the “oversold” status for stocks, but we are in extremely dangerous territory today. The S&P500 has taken out critical support (red line) as well as the bull market...
Pop quiz, name the top performing asset class of thus far this year? If you guessed US stocks or bonds, you’re wrong. The top performing asset class hands down is Emerging Market stocks, followed by Gold, THEN the S&P500, following by...
Oil may have just stopped the Bank of Japan. The fact is that in late September 2016, the Bank of Japan embarked on a new monetary policy of targeting a yield of 0% on 10-Year Japanese Government bonds.
I want to warn you to be very VERY careful with stocks right now. The common narrative is that the US is entering a golden age in its economy…and that this growth will drive stocks ever higher. The reality is that GDP growth has collapsed...
The biggest trade in the world is staring everyone in the face. According to a Bank of America/Merrill Lynch fund manager survey, the US Dollar is the single most crowded trade on the planet.
Yet another “unmassaged” data point has shown that the US economy is rolling over. If you’ve been reading me for a while you know that one of my biggest pet peeves is the fact that headline US economic data (GDP growth, unemployment,...
As we have repeatedly warning, anyone who is betting on the Trump Presidency unleashing a massive $USD bull market in the near future is going to get taken to the cleaners. This has already begun…
The $USD is about to collapse. This is not fear mongering, nor is it just a bold statement. The $USD has peaked and is about to breakdown in a BIG way. See for yourself, the greenback has taken out critical support. The spike higher that...
Before starting this article, I want to stress the following: I HATE politics. However, in todays’ highly politicized world, you cannot ignore some moves. On that note, on Tuesday night, President-Elect Donald Trump stated in an interview...