Last Friday’s report was released, and as I predicted, a lot of blame for the sluggish figures fell on the weather. Despite a strong February on the markets, indices soaring to new highs, economic fundamentals are not responding to the … Continue reading
Posted in Economics & Finance Tagged BEA, Economics, equities, Fed, Finance, GDP report, Macroeconomics, QE, Quantitative Easing, Statistics, Stock Market, U.S
Soros doubles a bearish bet on the S&P 500, to the tune of $1.3 billion Ok. Soros is shorting the S&P 500 Within Friday’s 13F filings news was the revelation that the firm, founded by legendary investor George Soros, increased … Continue reading
A quick follow up on the post I wrote on the U.S job market and the optimistic misperception the market is conveying. Great video from Peter Schiff on the over-optimism, QE limits, and the gold price surge.
Scary 1929 market chart gains traction As the author puts it You may still be inclined to dismiss this. But there were many more were laughing last November when this scary chart began circulating. Not as many are laughing now. … Continue reading