Strange Signals in Inflation Land

So… Wages and Salaries Jump By 3.1%, Highest Level Since 2008 …implying the inflationary growth – AKA Trump reflation – theme is alive and well. As noted in the linked blurb from Anthony Sanders, the Dow [supposedly] rocketed on the news. I’d say it was just looking for an excuse. But Industrial Metals continue the tank job we noted yesterday. And yup, that includes as adjusted … Continue reading Strange Signals in Inflation Land

The Men Who Stare at Charts: “Damage Done”

This man who is staring at you right now also stared at his charts and noted that the damage has been done to the stock market. “From a technical perspective, the damage that has been done technically to the stock market is much, much worse than people are talking about,” he told MarketWatch in a phone interview on Tuesday. ‘Godfather’ of chart analysis says ‘damage … Continue reading The Men Who Stare at Charts: “Damage Done”