Yesterday, in one of the worst-ever days on Wall Street, we halted one and nearly HALTED, due to the 2nd circuit-breaker, which only triggers at -13%. It was THAT CLOSE! Then, the FED deployed the torpedo of QE5, promising to purchase $500B in bonds and an additional...
The last time that the Dow Jones Industrial Average traded in this way was in October of 1929. This, to history lovers, should SOUND THE BLOODY ALARM. We all know that markets have transitioned from all-time highs to bear market in only SIXTEEN TRADING SESSIONS, a...
You will be able to wipe the floor with what’s going to be left of the markets, if a more REASONABLE and sensible way of dealing with coronavirus isn’t implemented, as soon as NOW! Entire industries can CRUMBLE to dust. At this point, countries are...
I’ve had it with these lunatics. Bill Dudley, a recently retired governor of the Federal Reserve and now, among other things, an op-ed writer for NYT, is defending the Repo operations. He stated that they have had nothing to do with the market’s run-up in...
Just a few days ago, we published our analysis of the current EUPHORIA in the markets and asked that you take a moment to consider how CRAZY the sentiment is in the bull camp and how IMMINENT a correction would be. We were really concerned by how much of a stretch it...