Summary – A top-down review of interesting calls and comments made last week in Treasuries, monetary policy, economics, stocks, bonds & commodities. TAC is our acronym for Tweets, Articles, & Clips – our basic inputs for this article. Editor’s Note: In this series of articles, we include important or interesting Tweets, Articles, Video Clips with…
The first reaction to our title is clear – absolutely inappropriate. The Fourth of July is a celebration of America’s Independence from the horrible colonial rule of Britain. The fact that both sides were Englishmen in ethnicity didn’t matter much. The British redcoats were viciously brutal to Americans as the film “Patriot” shows or…
Last week we quoted Dr. Alan Greenspan’s reaction to the crisis in developed economies: “This is the worst period I recall since I’ve been in public service. There is nothing like it, including … October 19, 1987 the day Dow went down by 23%; That I thought was the bottom of all potential problems…
Summary – A top-down review of interesting calls and comments made last week in Treasuries, monetary policy, economics, stocks, bonds & commodities. TAC is our acronym for Tweets, Articles, & Clips – our basic inputs for this article. Editor’s Note: In this series of articles, we include important or interesting Tweets, Articles, Video Clips with…
The English people stunned the world this week by voting to exit from the EU. Financial markets gored investors in turn by first sending waves of money into global stocks & risk assets from Monday to Thursday of last week and then taking it all out on Friday in one fell swoop. This demonstrated the…
Last week we wrote in our article The Fed Capitulates To The Contagion: “It is the big broad electorate, the commoners who have been suffering. There are signs they are getting fed up. Next week’s Brexit vote is one sign of this nascent revolt. The Trump candidacy is another. Whether these revolts succeed or fail remain…
Summary – A top-down review of interesting calls and comments made last week in Treasuries, monetary policy, economics, stocks, bonds & commodities. TAC is our acronym for Tweets, Articles, & Clips – our basic inputs for this article. Editor’s Note: In this series of articles, we include important or interesting Tweets, Articles, Video Clips with…
Update & Appeal on Saturday, June 25, 2016 – Our fears about the global economy are being realized at least in part. Yesterday’s steep & fearful decline in world’s markets is an indication of what might lie ahead of the world economy & Indian economy. While we stand by everything in the article below, discretion…
A true expert for us is someone who has probably forgotten more about a subject than we know. One such is Dr. George Friedman who founded Stratfor & now has built Geopolitical Futures. We turned to his article in frustration over the brazen political partisanship displayed by TV & print journalists in their discussions…
After promising to raise rates 3-4 times in 2016, after endless debates within & outside about when & by how much, the US Federal Reserve capitulated on this Wednesday, June 15, 2016. The Wall Street Journal used a stronger word in their title “The Fed Surrenders”. Much more importantly, the markets gave their verdict. …