Week In Review: The Fed and The Precious Metals, ORCL, KR, SWBI Earnings, Parallels to 1999-2000

Week In Review: The Fed and The Precious Metals, ORCL, KR, SWBI Earnings, Parallels to 1999-2000

The most important event of the week was the Fed Decision on Wednesday afternoon. While the Fed did not make any policy changes (the Fed Funds Rate continues at 0% as well as $120 Billion/month in asset purchases) they did start to talk about inflation raising the possibility of tapering asset purchases and raising interest rates down the road. That was enough to create a dramatic reaction in financial markets.

Is The Bubble Popping?

Is The Bubble Popping?

There is a debate among economists about whether we are on the verge of one of the greatest economic booms in history or whether the current market rally is the bubble of all bubbles. The consensus view reflected in market prices is the former. The latter is the correct one in my opinion…