I have been warning that this has been, perhaps, the most sold rally in history. Domestic buyers and net foreign investors are both approaching historical lows....
A fertilizer producer in north China defaulted on bond payments, which is a positive aspect as the state governments are not so eager to bail out failed companies....
COMMENT: Dear Martin, Another element that strongly supports your view is that US equities will fly at some point in the future. If you take the trailing 10y avg...
The debate shifted following the Jobs Report, and people now assume that the Fed will not raise rates. Hence, we have a bounce in gold and the euro. That...
The job market collapsed in May, and on Friday the Labor Department reported that the nation’s economy added only 38,000 jobs. The experts were expecting a modest...
Despite what the majority have been saying, we are likely to see a lot of blood on Wall Street See Private Blog Because this is Important for Clients Only to be...
The Dow does not need to break last year’s low, as that was accomplished in the NASDAQ and S&P 500. Nothing has changed there. The entire interest rate...
