This Policy Stuff is Way Past its Expiration Date

This Policy Stuff is Way Past its Expiration Date






This Fed Policy Stuff is Way Past its Expiration Date $GLD, $SLV, $NUGT, $GDXJ, $GGGG As expected, the FOMC passed up another opportunity to raise their Fed Funds Rate this week.  With 2016 being an election year, and late September just a few weeks from the November election, how anyone could believe the Yellen Fed would […]






Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing






Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Investors rejoiced again Thursday as Fed they digested Wednesday’s FOMC minutes . Stocks rose across the board with DJIA adding 0.8% and S&P 500 + 07% and the NAS Comp + .05% extending the Risk Rally. Precious metals also gained […]






Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing






Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Investors rejoiced as Fed stood pat and left the office policy interest rate unchanged. Stocks rose across the board with DJIA and S&P 500 indices adding +0.9% and +1.09% respectively. Precious metals also gained on USD weakness. The benchmark COMEX Gold […]






Divided FOMC Stood Pat on Rates, Tone “Hawkish”

Divided FOMC Stood Pat on Rates, Tone “Hawkish”






Divided FOMC Stood Pat on Rates, Tone “Hawkish” $DIA, $SPY, $QQQ, $VXX A divided Federal Open Market Committee (FOMC) left the fed funds rate unchanged for a 6th meeting running, saying it would wait for “more evidence of progress toward its goals”, while projecting that an increase is likely by year-end. “Near-term risks to the […]






Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing






Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: US stocks saw choppy trade again Tuesday, and it is likely we will see some volatility after the BOJ and the FOMC policy announcements Wednesday. PE FLASH: From the BOJ minutes “Quantitative and Qualitative Monetary Easing with Yield Curve Control” […]






Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing






Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Waiting for the BOJ and FOMC meets trade as we saw Monday was/is choppy. PE DJIA at 18120.17 declined slightly Monday on choppy trade ahead of the US Fed policy announcement Wednesday. Major support of 18000-17850 continues to hold strong, some […]






Alan Greenspan’s Credibility is an Accident that is still Happening

Alan Greenspan’s Credibility is an Accident that is still Happening






Alan Greenspan’s Credibility is an Accident that is still Happening $DIA, $SPY, $QQQ, $VXX In a article last week, the former Fed Chairman is quoted to be worried about the “crazies.” For some unknown reason, former Federal Reserve Chairman Alan Greenspan’s, 90 anni, opinions are still taken seriously. No one person has done more to […]






Extreme Volatility and Market Breadth Seen in Coming Days

Extreme Volatility and Market Breadth Seen in Coming Days






Extreme Volatility and Market Breadth Seen in Coming Days $DIA, $GLD, $SLV There was some excitement Tuesday, as the Dow Jones was down 1.41% and the NYSE saw a day of extreme breadth.  But the Dow Jones Industrial Average (DJIA) recovered from its early week losses, and ended the week higher than last Friday’s close.  The […]






China Calls for Stronger Tie-up with ASEAN Members

China Calls for Stronger Tie-up with ASEAN Members






Chinese Vice Premier Zhang Gaoli met with leaders from member states of the Association of Southeast Asian Nations (ASEAN) in southwest China’s Nanning City Saturday, calling for stronger ties between China and ASEAN. The foreign dignitaries include Cambodian Prime Minister Hun Sen, Vietnamese Prime Minister Nguyen Xuan Phuc, Myanmar’s Vice President U Myint Swe, Lao […]






The US Fed has Not Delivered on the Economy

The US Fed has Not Delivered on the Economy






The US Fed has Not Delivered on the Economy The US Fed is stuck to actions devised by Ben S. Bernanke that have not worked to restore strong economic growth since the Great Recession The US central bank’s adherence to the idea that unemployment and weak demand can be cured with policies that encourage consumers, businesses and governments […]






Financial Markets Running on “Hope” for Continuing Stimulus

Financial Markets Running on “Hope” for Continuing Stimulus






Financial Markets Running on “Hope” for Continuing Stimulus $DIA, $SPY, $QQQ, $VXX In this world of easy money, where the markets hope the near-Zero interest rate policies to continue, there really should be hope for a growing not stagnant economy. This week;s economic reports have been dominated by a very strong consumer confidence report. The […]






There is Growing Evidence That Obama’s Foriegn Policy is Failing

There is Growing Evidence That Obama’s Foriegn Policy is Failing






There is Growing Evidence That Obama’s Foriegn Policy is Failing When US President Barack Hussein Obama travels to Asia next week, he will try to reassure leaders in the region that he still has the ability (read political power) to deliver US approval for the sweeping Trans-Pacific Partnership (TPP), even though the 2 Presidential candidates […]






The US Government’s Economic Growth Numbers are Wrong

The US Government’s Economic Growth Numbers are Wrong






The US Government’s Economic Growth Numbers are Wrong Harvard Economist Martin Feldstein warned Friday that the US government’s measure of economic growth is always wrong, regardless of the official number. The US economy grew less than previously reported last Quarter on lower government outlays and a bigger depletion of inventories, capping a sluggish 1-H performance […]






Key Economic Data Does Not Reflect Pending ‘Disaster’

Key Economic Data Does Not Reflect Pending ‘Disaster’






Key Economic Data Does Not Reflect Pending ‘Disaster’ $DIA, $SPY, $QQQ, $VXX July New Home Sales and August Philadelphia Fed NonManufacturing Survey Home Sales: +12.4%/ Philly Fed: -4 points; Orders: -14.9 points The Big Q: With housing and hiring looking really good, where is the economic disaster we keep hearing about? The notion that the […]






S&P Maintains Strong Abu Dhabi Ratings

S&P Maintains Strong Abu Dhabi Ratings






S&P Maintains Strong Abu Dhabi Ratings The agency affirmed its ‘AA’ long-term ratings for the emirate despite low Crude Oil prices  Ratings agency S&P has maintained its strong ratings for Abu Dhabi despite the impact of low Crude Oil prices on the Emirate’s economy. In its latest report, S&P affirmed its ‘AA’ long-term and ‘A-1+’ short-term […]






China Considering Boosting Private Investment

China Considering Boosting Private Investment






China Considering Boosting Private Investment China’s top economic planning body has suggested more policy tools to reverse the slowing of private investment and bolster economic growth. The government should further encourage private investment with more preferential policies and remove barriers preventing private companies from entering electricity, telecommunications and other sectors that were once dominated by […]






American’s are Almost as Wealthy as Ever, it is Scary

American’s are Almost as Wealthy as Ever, it is Scary






American’s are Almost as Wealthy as Ever, it is Scary Americans are about as wealthy as they have ever been and that is worrying monetary officials.  They are concerned that the growing wealth could prove unsustainable because it has outstripped the growth of the economy since the Great Recession’s storied end in Y 2009. A […]






Caution, Investors are Chasing Stocks, more Tactical than Fundamental

Caution, Investors are Chasing Stocks, more Tactical than Fundamental






Caution, Investors are Chasing Stocks, more Tactical than Fundamental $DIA, $SPY, $QQQ, $VXX Investors are no longer running from the stock market they are chasing it for reasons that are more tactical than fundamental: Caution. It is too early to tell where the UK’s new position in the overall context of the EU will be […]






Update: Federal and State Government Marijuana Policy

Update: Federal and State Government Marijuana Policy






Update: Federal and State Government Marijuana Policy House Republicans blocked an effort to open up banking for Marijuana businesses House Turns Back Effort to Give Pot Businesses Access to Banks. The Republican-led House Wednesday voted down an amendment to the FY 2017 Financial Services and General Government Appropriations Act that would have blocked federal regulators […]






Donald Trump Pointing a 50MM Howitzer at Hillary Clinton

Donald Trump Pointing a 50MM Howitzer at Hillary Clinton






Donald Trump Pointing a 50MM Howitzer at Hillary Clinton Donald Trump is releasing a 35-pg document that takes down Hillary Clinton’s foreign policy and economic stances. The  50MM attack pulls together news articles, documents and speeches critical of the former Secretary of State, US Senator from New York, and 1st Lady. Donald Trump made the […]






The Fed Policy Makers are Fighting for Their Lives

The Fed Policy Makers are Fighting for Their Lives






The Fed Policy Makers are Fighting for Their Lives Something interesting happened the Friday (Quad Witching) before Brexit; trading volume exploded on a decline in the Dow Jones.  In the BEV chart below I inserted the daily trading volume (mils) for the Dow Jones instead of the usual BEV values to highlight what happened. It […]






Medical Marijuana Update

Medical Marijuana Update






Medical Marijuana Update Ohio becomes the newest MM (medical marijuana) state, but you cannot smoke it; a pair of contending Arkansas initiatives are coming up on a signature turn-in deadline; DPA identifies problems with New York’s medical marijuana program, and more. Arkansas As of Wednesday, a pair of medical marijuana initiative campaigns are facing a […]






Donald Trump Counters Hillary, “I do not have a thin skin”

Donald Trump Counters Hillary, “I do not have a thin skin”






Donald Trump Counters Hillary, “I do not have a thin skin” Donald Trump Friday countered Hillary Clinton’s attacks on his temperament, saying that “I do not have thin skin” and that “we need a strong temperament in this country.” “I have very strong and thick skin,” the presumptive GOP Presidential nominee said Friday on TV. […]






Managed Money Cautious, Capital Preservation Key

Managed Money Cautious, Capital Preservation Key






Managed Money Cautious, Capital Preservation Key $DIA, $SPY, $QQQ, $VXX The “new normal” led to the “new neutral” led to ‘insecure stability”. The world has entering a phase of rising risks as the effect of central-bank stimulus policies diminishes. “You can think of it as insecure stability,” Richard Clarida, Pimco’s global strategic adviser, said in […]






Abenomics Not Likely to Lift Japan Out of Sluggish Growth

Abenomics Not Likely to Lift Japan Out of Sluggish Growth






Abenomics Not Likely to Lift Japan Out of Sluggish Growth Statistics released Wednesday showed Japan recorded better-than-expected economic growth numbers in Q-1 of the year. However, economists said the real picture may not be as rosy as it looks to be based on preliminary statistics. The reform plans championed by Prime Minister Shinzo Abe, known […]






June Fed Interest Rate Hike In Sight

June Fed Interest Rate Hike In Sight






June Fed Interest Rate Hike In Sight $DIA, $SPY, $QQQ, $VXX The US Fed officials said it would appropriate to raise interest rates in June if economic data points to stronger Q-2 growth as well as firming inflation and employment, according to the FOMC mins from their policy meeting in April. That view suggests the […]






Looking at Equity Markets for Economic Signals is a “Mistake”

Looking at Equity Markets for Economic Signals is a “Mistake”






Looking at Equity Markets for Economic Signals is a “Mistake” $DIA, $SPY, $QQQ, $VXX Volatility in stocks and bonds was part of the FOMC’s consideration for slowing interest rate increases in February. Now a Fed economist attached to the central bank’s Dallas branch says that “relying on the equity market for economic signals is a […]






Donald Trump, will not tolerate “Hypocrisy on the Women’s Issue.”

Donald Trump, will not tolerate “Hypocrisy on the Women’s Issue.”






Donald Trump, will not tolerate “Hypocrisy on the Women’s Issue.” Paul Manafort defending the presumptive GOP presidential nominee’s attacks on both Hillary Clinton and Sen. Elizabeth Warren, says that Donald Trump will not tolerate “hypocrisy on the women’s issue.” In a TV interview the convention manager for Donald Trump demurred from elaborating on Mr. Trump’s declaration […]






Investing in Reduced Deforestation is Money Well Spent

Investing in Reduced Deforestation is Money Well Spent






Investing in Reduced Deforestation is Money Well Spent It is widely agreed that reducing emissions from deforestation could bring about 33% of the Greenhouse gas emission reductions our planet needs by Y 2030 to stay on a 2-degrees trajectory. Protecting and managing forests wisely not only make sense from a climate perspective, it is also […]






Bull Exhausted, Will Soon Lay Down, Savvy Money Turns to Gold

Bull Exhausted, Will Soon Lay Down, Savvy Money Turns to Gold






Bull Exhausted, Will Soon Lay Down, Savvy Money Turns to Gold $DIA, $SPY, $QQQ, $GLD, $VXX Stan Druckenmiller, the billionaire investor with one of the best long-term track records in money management, says the Bull market has “exhausted itself” and that Gold is his largest currency allocation. Mr. Druckenmiller, speaking at the Sohn Investment Conference […]






Donald Trump, “America First and I have my own money”

Donald Trump, “America First and I have my own money”






Donald Trump, “America First and I have my own money” Republican Presidential front-runner Donald Trump said he does not need the support of Charles Koch. In an interview with Mr. Trump said, “What he says bears no relationship on what I do or say. I don’t need his money. I got my own money,” while […]






Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EUR/USD Major currencies’ pairs are mostly stable in Asia ahead of the upcoming Central Bank’s (Fed, BOJ) events. The London opening brought some USD selling interest, with Buck weakening Vs most of its major peers, and accelerating its decline after the release of March US Durable Goods orders, […]






Technical Analysis for EUR/USD (Daily)






Technical Analysis for EUR/USD (Daily) Euro $EURUSD EUR/USD The USD edged higher Vs most of its peers Wednesday, exception made by commodity currencies (AUD, CAD, NZD), which held on to gains as Crude Oil prices rallying to fresh yearly highs. The US EIA report surprised with a smaller-than-expected increase in Crude Oil stockpiles, and distillates […]






Africa’s Boosts ICT Development to Spur Trade

Africa’s Boosts ICT Development to Spur Trade






Africa’s Boosts ICT Development to Spur Trade Africa’s largest trading bloc said Wednesday it will harness ICT (information, communication technologies) to create significant economic activities within the region and beyond. Dr. Amany Asfour, chairperson of the Common Market for Eastern and Southern Africa (COMESA) Business Council, said ICT services are essential in the sector and […]






Be Alert, Stocks Could Get Cut In Half

Be Alert, Stocks Could Get Cut In Half






Be Alert, Stocks Could Get Cut In Half $DIA, $SPY, $QQQ, $VXX Stocks could lose 50% their value + if the history of valuation cycles is any indication, cautions mutual-fund manager John Hussman, President of Hussman Investment Trust. He is correct and I have been calling for a Fibo retracement in the S&P 500 of […]






China Continuing To Upgrade It Foreign Trade

China Continuing To Upgrade It Foreign Trade






China Continuing To Upgrade It Foreign Trade China will continue to transform and upgrade its foreign trade in accordance with World Trade Organization (WTO) rules, an official from the Ministry of Commerce (MOC) said. The statement, published on the MOC website, was made by an official in charge of the MOC’s department of treaty and […]






Monetary Policy Has Done All It Can, More Fed QE Coming

Monetary Policy Has Done All It Can, More Fed QE Coming






Monetary Policy Has Done All It Can, More Fed QE Coming Monetary policy has done everything it can unless the Fed put additional QE into the US economic system . The Fed is not helping much in the sense that ultimately determines whether or not the nation getting an effect from the QE’s beyond increasing […]