June 5 Bloomberg Interview With The Great Michael Steinhardt
(Via Infectious Greed)
(Via Infectious Greed)
Today at 1:30pm EST Fed Chair Powell will give a speech at the Brookings Institute on “The economic outlook, inflation, and the labor market”. Let me save you some time and tell you in advance what he will say: First…
The Dow closed above 14,000 for the 1st time today – at 14,000.41. It’s taken less than three months, only 12 weeks and a day, for the Dow to make the 7.7% climb from 13,000 (which it first closed above…
Almost 100 years after the start of The Great Depression there is still a lot of debate about what caused it and why it lasted so long. But it’s almost certain that The Smoot-Hawley Tariffs and bad monetary policy played…
You are starting to see some of these things stack up. And then the question just becomes, are there enough of these things to tip the market over? – Michael Brenner, Asset Allocation Strategist, FBB Capital Partners, quoted in the…
One of the tech bubble’s biggest cheerleaders was back on CNBC today being interviewed. This strikes me as a sentiment tell and potential sell signal……
NOTE: Every week or two I wrote a Client Note for my clients. I post the notes to my blog but with a time delay usually between 1 day and 1 week. To receive the Client Notes at the same…