Fed Fears Inflation Is Not High Enough Fed statements drove the markets today; particularly the foreign exchange markets and the precious metals markets. First we
Financial Conditions Are Loosest Since 1994 I was reading an article today that the Chicago Fed released their National Financial Conditions Index (NFCI) and according
Optimism Rules the Day Friday the 13th was not an unlucky day for the U.S. stock market; all three of the major stock market averages
Government Is Not Measured by What It Taxes, It Is Measured by What It Spends Democrats promise free stuff; Republicans promise free tax cuts. What’s
Gun Laws Do Not Prevent Crime The answer to preventing mass killings is not more gun control; Stephen Paddock would have been able to get
Record Highs in the Markets This is the last day of the third quarter; S&P 500 and NASDAQ ended at record highs. I am not
Yellen Putting On an Optimistic Front Everybody is watching Janet Yellen this week; the Federal Reserve met and did not raise interest rates – no
Market Anticipates Quantitative Tightening The market continues to rise; people are excited about the Fed meeting that start tomorrow and concludes on Wednesday. Nobody expects
Threats from Hurricane Irma and North Korea After a long holiday weekend the DJIA fell 234 points this Tuesday. Finally we have some kind of
Nonfarm Payroll Report Fails to Impress Today is the first Day of September; and since it is the first day of a new month, and
