Public posts
With inflation fading, FOMC preps its "decision" on the Fed Funds Rate With inflation fading as yesteryear's news, Goldilocks continues to hold sway. It's been a year now that this…
The 3 month T-bill yield continues to signal oncoming bear market Look, NFTRH projected the rally back in Q4, 2022. Therefore, this post is not coming from a perma-anything. It…
US manufacturing (ISM PMI) has dropped in sytematic, robotic fashion over the last 12 months From an index reading of 53% in June, 2022 to 47% today, the sector has…
May Payrolls report; not all it's cracked up to be On Friday we noted that the May Payrolls report was 'services' laden and late stage stuff. Early stage stuff like…
The May Payrolls report shows what else? Booming and laggard Services drives payrolls at +339,000 Killing an inflated economy is proving to be touchy (and sticky) business. As manufacturing continues…
White House and Congress complete ritualistic debt ceiling Kabuki Dance Extra, extra, read all about it! The debt ceiling has been extended, markets of course celebrate. It's not like this…
Gold miners continue to correct per projections as GDX drops toward a buy zone The gold and silver Commitments of Traders, as tracked each week in NFTRH leading into the…
Gold price suppression is the excuse du jour for its lack of relative performance; but that is not the reason First let me get this in print up front; the…
Senator McCarthy: "I think at the end of the day we do not have a debt default" What, you thought the debt ceiling debate was not a Kabuki dance for…
Did Argentina just de-dollarize? No, says Keith. Quite the contrary. Did Argentina Just De-Dollarize? For the DoD (Death of the Dollar) brigade it's always a good time to find a…
Paul Tudor Jones sees stocks going higher upon Fed rate cycle ending Well, he does not refute my view directly because this market luminary (who is much more respectable than…
I talked with a nice gentleman named Tom yesterday. Here is the video. Hint: if you are looking to pass some time more quickly, just open your yap and don't…
The April PPI report continues the disinflationary theme The April PPI report came in to the disinflationary side, and as a side note unemployment claims jumped to the highest level…
Dedollarisation; the hip new buzz phrase may actually play out this time, for a while The multitude of analysts that have been waiting for the "death of the dollar" (DoD)…