Fed Money Creation Exceeds Tax Receipts

A Pfennig For Your Thoughts   June 15, 2020   * The Fed and PPT were out in force late last week…  * Another false dawn for the currencies…    Good day… And a Marvelous Monday to you! OMGosh! Yesterday couldn’t have been a more beautiful day here in the […]

Why Can’t The Powers That Be Allow Markets To Be Markets?

A Pfennig For Your Thoughts August 27, 2019 * Currencies, Gold, bonds all are none events on Monday * Japan’s Fin Min is worried about the yens latest move…. Good Day… And a Tom Terrific Tuesday to you… Back to regular programming today… I drove through what felt and looked […]

Waiting For PPP To Kick In…

A Pfennig For Your Thoughts June 18, 2019 * WTH is going on with the dollar? * Chuck gives us a history lesson today… Ooh, where do I sign up for that! Good Day… And a Tom Terrific Tuesday to you! Still using the phrase “Tom Terrific”, and no one’s […]

Beware the Bear’s Bull Traps!

http://thegreatrecession.info/blog/beware-the-bears-bull-traps/ So, the bull market bounced back, right? Not so fast. When one appreciated reader suggested there would be a huge plunge the day after Christmas, given how badly the market plummeted the day before Christmas, I cautioned against that tempting thought. Herein are some warnings about bull traps in […]