Category Archives: Uncategorized

If you believe all our politicians, it’s China. See if you still believe that after reading: Thanks to my friend, Kal Salama, I’m sitting out the current Fed Fiasco with 40% of my portfolio in two high grade corporate bond … Continue reading →

I would like to recommend a very boring book my friend, Kal Salama, recommended to me by Ludwig von Mises on Human Actions. Or perhaps I can talk him into summarizing it for you on LinkedIn. Consider this a follow-up … Continue reading →

The Fed is looking in the rear view mirror to see what happened in the last 3 years to flawed lagging indicators of inflation, while the administration refuses to take down the trade barriers with the EU, Mexico, Canada and … Continue reading →

This is a short covering rally. When it is over we will still be left with the reality of:

Stop looking back in history to see what to do now! The inflation rate was 1 percent in 1965 & hit 14 percent by 1980.  Volcker took the radical step of switching Fed policy from targeting interest rates to targeting … Continue reading →

They tell the truth more often than Powell, looking at his data from the past and what it meant when I was in Grad school.

Look it up. This time, Chairman Powell is wearing the white jacket, posing as: “The Authority,” telling unsuspecting dupes, us, to pull the switch sending deadly shock waves into other dupes.  Why? Because we have learned to obey orders from … Continue reading →

Nobody knows what the Fed is going to do…not even the Fed! The data doesn’t know either and won’t know until next year, and then it will be revised 6 months later. Start looking at what makes things happen. Nobody … Continue reading →

If it is kids who are new to the market, it will be short lived. If it is Hedge Funds who are naked…it could be spectacular! Last chance to lock in some profits for the year, and I intend to.

But who knows what will be? In the words of one visionary: “Some of the best minds of our era are still in thrall to an older way of seeing and thinking We’ve left our future, in other words, largely … Continue reading →