Janet Yellen Got Out of Dodge As expected, earlier today, the Federal Reserve decided not to raise interest rates; they left them unchanged. The next rate hike is likely to come when Powell takes the reins at the Fed. Janet Yellen got out of Dodge! This is the second Fed chairman to be able to […]
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Obama & Yellen Strand Trump & Powell in Dodge – Ep. 324 Read More »
A Rare Down Day The U.S. stock market finally had a rare down day today. The Dow Jones was down almost 180 points. We did have a little bit of a rally off the lows. NASDAQ closed down 39 points. But still, it’s rare to see the U.S. stock market going down. Supposedly, the catalyst
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Do Rising Interest Rates Finally Matter? – Ep. 323 Read More »
Alice in Wonderland I spent a lot of time today watching CNBC’s coverage of the World Economic Forum in Davos. I feel like I’m in the Twilight Zone, or Alice in Wonderland or something like that. Everybody is so optimistic. At least all the Americans who are interviewed. I put up on my Facebook an
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Economic Alice in Wonderland – Ep. 322 Read More »
Hi Peter, “I am a student of Mathematics at Sydney University. I completely agree with your prediction of the next big gold fever. In fact, I decided to suspend my intelligence research for a little while and get into gold extraction technologies since the demand for gold has not yet reached its critical mass. I
I Have Learned a Lot from Your Channel Read More »
Dollar Getting Hammered Gold and oil are breaking out, the dollar is breaking down, bonds continue to break down, and no one cares! Nobody is worried. The Dow was up today, although it finished up closer to the lows it was up a lot more earlier in the day although the dollar was getting hammered
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Clueless Mnuchin Embraces Weak Dollar Policy – Ep. 321 Read More »
The Government is Back in Business The government is officially re-opened! Apparently, the government shut down, maybe it was on Friday. Earlier today Congress voted to re-open it! The good news that the government is back in business sent the stock market to record highs. The Dow, the NASDAQ, the S&P all rallied on the
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Unfortunately, the Federal Government is Open – Ep: 320 Read More »
January 19, 2018 Traders Still Ignoring Ominous Warning Signs We closed the week with more gains on Wall Street as stock traders continue to ignore all the ominous warning signs that have been flashing. The S&P Composite and the NASDAQ both hitting new record highs today. The Dow, not a record high, but positive on
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Bonds & Dollar Down, Stocks Up – Ep. 319 Read More »
January 16, 2018 Buying Stocks with Both Hands When I recorded my podcast on Friday, just looking at the technical action in the dollar and I was getting nervous that maybe we could have been setting ourselves up for some kind of holiday surprise; a big drop over the 3-day weekend that could have led
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Possible Top in Stocks and Breakdown in Bitcoin – Ep. 318 Read More »
January 12, 2018 Obvious Negative Factors Hiding in Plain Sight This Friday ahead of the three-day holiday weekend, all three markets are ignoring the ominous warning signs that are building by the day. They’re registering new highs, the Dow up better than 200 points, 228, closing over 25,800; S&P, NASDAQ both hitting record highs today.
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Everything That Can Go Wrong, Will – Ep. 317 Read More »
January 10, 2018 Bells are Ringing but Nobody is Listening They always say that nobody rings a bell at the top. And that saying relates to the stock market, investors; there’s never a clear warning sign, supposedly, of when to get out. My experience is actually the opposite. I think many bells ring, not necessarily
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China Rings a Bell – Ep. 316 Read More »
