Speculative Asset Bitcoin is a digital risk asset, not a currency. If you own bitcoin you have an asset, but it is not a safe
Trump Jumps to Tweet on Mediocre Jobs Numbers This morning the Labor Department released the July Non Farm Payroll numbers and Donald Trump tweeted,”Excellent Jobs
Summary: The Dow and the NASDAQ set new record highs today as the dollar sold off near the end of the day to close at
Summary: My recent trip to Las Vegas for The Freedom Fest provided some interesting lessons. My observations that we are paying more for less were
Summary: More weak economic data today sent the U.S. stock market to record highs; at least the Dow and the S&P hit new records. NASDAQ
Summary: There are market indicators of a major top as illustrated by the Blue Apron IPO, as it represents the failure of a very weak
Summary: The Fed is now indicating it needs evidence that the Q1 weak economic data is transitory and not a trend. This is interesting for
Summary: The dollar’s decline really started with the Fed’s too-little-too late rate hikes. The rally of 2014 – 2015 was fueled by expectations of more
Summary: Trump fantasy persists in the face of weakening economic data, health care and tax reform uncertainty. The reality is that the damage done to
U.S. stocks ended the week with marginal gains In fact, the Dow Jones was up only about 12 points on the week The real action
