By far the most negative feedback I get is when I write something about inflation or specifically, about how inflation is nowhere to be found outside of the stock market…
We have been noting in NFTRH Key ETF Updates that the China 25 ETF looked somewhat bullish by daily chart. I went ahead and bought it because it looked bullish…
This post is as much to test out the new site and get us used to our new environment (NFTRH.com will be much more NFTRH-intensive than Biiwii.com, which itself will…
Excerpted from this week's Notes From the Rabbit Hole, NFTRH 314: Our view has been that a stronger US dollar would eventually start to eat away at corporate results, especially…
This post is a test post and while I'm at it I'll throw up a chart of the Cubes to show a resistance area. As we noted in NFTRH, the…
NFTRH 314 was mailed to subscribers earlier today. It was another quality report. I define quality in this context as something that helps me keep perspective on complex systems that…
After one of my cynical posts finger pointing at a Fed talking head (in this case Janet Yellen) and answering her absolutely flawed rationalizations for the masses line by line,…
Turning to one of our leaders, I wanted to show the Russell 2000 from weekly and daily views.
A snapshot of current technicals…
GLD climbed above the June low but is still considered at resistance below the SMA 50. Also note GLD remains in a down trend (series of lower highs and lower lows) which would not be broken until a rise above the July high around 129.
A snapshot on gold... We noted the May/June low as the key resistance point for gold and today it is popping above that point, with a 50+ (but not over…
Here is some feedback a republished post of mine (Market Summary; Saturday Morning Cartoons) got at a leading gold website from a reader. "The other support has been the very…
This is probably of more concern to traders, so it could be considered an NFTRH+ update as well for people who want to plot levels to take a shot shorting. But for everyone’s reference I want to put up another view of the upside retrace potentials using Fibonacci retracement levels, now that the bounce is confirmed to be in progress and we can gauge an actual low to measure from.
So am I and so are most decent people. So bravo Janet, you are a decent person. You are greatly concerned about inequality in this richest nation on earth.
Yellen says she’s ‘greatly’ concerned by rising inequality
Now let’s work the details…
“It is no secret that the past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority,” Yellen said in a speech to a conference on inequality sponsored by the Boston Fed.
It is also no secret that manipulating short-term interest rates toward zero kills regular peoples’ ability to save. It creates and furthers a wealthy investor class directly at the expense of the public, who have traditionally been savers.