What The Hell is Going On?
“Nobody…I don’t care if you’re Warren Buffett or Jimmy Buffett, nobody knows if the stock is gonna go up, down, sideways, or in fucking circles.” Carnage ensued in the markets … Read More
Category: Economics
Coal Is The New Black Gold
Coal is making an absolute resurgence, as supply constraints for natural gas & oil in the wake of the Russia/Ukraine conflict are shifting countries’ sources for power generation. The bulk … Read More
Consumer Confidence Goes Down The Drain
Just after the University of Michigan Sentiment released record low sentiment numbers, The Conference Board’s consumer-confidence index (measures overall Americans’ attitude toward jobs and the economy) absolutely hemorrhaged in the … Read More
BoJ Owns Over 50% of Japanese Bonds
And just when you thought the Federal Reserve engaged in the most unparalleled government debt buying frenzy, the BoJ quite literally said “hold my beer.” Just three years ago, the … Read More
The Precarious U.S. Economy
With a litany of sell-offs in stocks, record high CPI prints, and continuous tightening of interest rates, practically all the discourse surrounding the mainstream financial media has been focused on … Read More
CEO’s Fear Looming Recession
In the latest report published by The Conference Board, more than 60% of CEO’s that were surveyed believe that a recession will take place within their geographic region within the … Read More
Take a (Rate) Hike
The market was down again today, as it has been for the past week. The passion for trading is there but the opportunities haven’t been the greatest with most of … Read More
S&P 500 Enters Bear Market as Carnage Unfolds
Welp, the writing was on the wall here. As equities, housing, crypto, amongst other asset classes have benefited greatly from Jay Powell’s “easy money policy”, we are seeing in real … Read More
CPI (Continued Price Increase)
On Friday morning, the CPI was reported at a 40-year high, surpassing the last reading of 8.3%. The mark hit 8.6%, the highest since 1981. As usual, the rise was fueled … Read More
U.S. Trade Deficit Shrinks With April Imports Dropping
The U.S. Census Bureau and U.S. Bureau of Economic Analysis reported a SHARP drop in the trade deficit in the month of April. The trade deficit narrowed down to just … Read More