Exceptional clear view of the market, great job by Andy Dufresne
It looks like 1080 on the S&P is an intermediate-term high, with the potential to become a major multi-month—dare I say year—high. Sell the pigs that flew the highest in this rally now.
To sell the rally you must have tried to buy it first—the other [...]
INVESTOR’S BUSINESS DAILY:
Budget: It’s never a good sign when you want to borrow money and your potential lender laughs in your face. But that’s exactly what happened to U.S. Treasury Secretary Tim Geithner on his recent trip to China.
What prompted the laughter? His remarks during a speech at Beijing University, in which he told the [...]
written by our friend Ty Andros
In This Issue
Fingers of Instability, Part II:
The Definition of Depression
Obamanomics
The Bomb, er…Bond Market
The Dollar
Introduction
As the GREAT REFLATION kicks into a higher gear, we are learning the TRUE power of G7 Central Bank printing presses; and the fact that it is awash on a sea of liquidity, the size of [...]
Filed in Bond Markets, FED, Forex, Fundamental Analysis, Macroeconomics, Monetary Policy, Stock Market Analysis, Technical Analysis
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Also tagged Cap and Trade, clean energy, economy, fraud, green jobs, obamanomics, regulation, US dollar, Wall Street
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Government:
George Washington: “[Government] has no more right to put their hands into my pockets, without my consent, than I have to put my hands into yours…”
The takeovers, which have occurred at breakneck speed, are alarming. A defining characteristic of economic fascism is the control of private property and business through a government-business “partnership.” This public-private [...]
Bond “event risk” in europe rising
UK Telegraph:
written by Ambrose Evans-Pritchard
The world is running out of capital. We cannot take it for granted that the global bond markets will prove deep enough to fund the $6 trillion or so needed for the Obama fiscal package, US-European bank bail-outs, and ballooning deficits almost everywhere.
Deep enough for what? [...]