Market participants are exhausted with COVID-19.
Participation Is ‘Voluntary’
“…the markets are in the mood to try to be happy”.
A Harley Bassman Encore: ‘Rumpelstiltskin At The Fed’
“As a reminder, there are only two avenues out of a debt crisis – default or inflate”.
Scott Minerd ‘Gazes Into Crystal Ball,’ Says Fed May Buy Stocks, Hoard Gold In Severe Crisis
“…this may very well become the policy option of choice in the future”.
We’re All Mad Here.
But what isn’t ludicrous these days?Â
Damn The Depression. Onward And Upward. With Apologies To The ‘Legendary People’
It’s not “supposed” to be this way, after all.
Do Not Go Gentle Into That Good Friday
“The world has indeed changed”.
Find Me A Sharpie, PTJ.
â€œI think Easter Sunday — youâ€™ll have packed churches all over our country”.
The Premise That Nothing Bad Happens
“So what happens next?”
It’s All Down But The Dollar.
And yet, there’s one thing that’s up…
Pride goeth before destruction, and an haughty spirit before a fall.
In the space of just seven trading days, US equities went from bubble to bust.Â
Monday, Bloody Monday.
Hall Of Mirrors And The Lost Art Of Controlled Burns
‘This Is The Big One, Elizabeth!’
…too many market participants shrieked, all at once, into the digital void.Â
‘Mania Has Taken Hold’, And Other Observations As The Tape Goes ‘Macro’
“Itâ€™s a macro tape, youâ€™re just living in it”.
Amid Virus Scare, We’re Golden.
But c’est la vie…
It’s starting to feel like August all over again for markets.
$1 Trillion+ Surge In Negative Debt Pile Is Fillip For Yellow Paperweights, Digital Chuck E. Cheese Tokens
That “blip” is worth about $1.5 trillion – with a “t”.
Investors Who RSVP’d For World War III Now Ditching Gold, Yen
Who needs insurance when the shooting war is called off and the trade war is on hold?
Markets Whipsawed As Ghost Of Qassem Soleimani ‘Goes Bump In The Night’
“Be careful about bullishness at the close of the US trading”.
Markets Upended By Iran Strikes. Trump Says ‘All Is Well’
Some have suggested this is really nothing more than a “token” response from Tehran.
2 Things: Soy And Gold
It’s too late for some Trump voters in farm country, though.
Is ‘King Dollar’ Finally Rolling Over?
Trump sure hopes so.
2019 Was The 9th Smoothest Year In History For US Equities (By One Measure, At Least)
And while we’re at it, let’s talk about gold.