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I am certain the mania surrounding this week’s Fed meeting will rise to a cascading crescendo.  Even though I do not believe in this next comment, to write about anything else would be essentially meaningless.  I again ask if a 0.25% increase makes a project...

Treasuries climbed and the dollar slumped after data showing anemic expansion of the service sector bolstered speculation the Federal Reserve will not increase interest rates later in the month.  Fed Funds futures are now suggesting a 24% chance, down from over 55% last week....

I am relatively certain there will be a “countdown” clock on most financial TV stations for tomorrow’s FRB Chair Yellen’s speech.  Personally I find such annoying at best given that the most successful investor in the known universe has an average holding period of 19...

What will second quarter profits suggest?  As noted yesterday results are expected to decline by 5.7%, the fifth consecutive quarter drop and the longest decline since 2009.  The post Brexit rally is the result of promised additional central bank stimulus, not from increased corporate cashflows...

I think most would agree the last 45 days the unexpected has occurred.  The most unloved stocks are outperforming the most loved stocks (aka mega capitalized momentum growth issues) in the greatest equity reversal since 1933, the dollar falling to a 17 month against the...

Welcome to 2016. For most, 2015 is a year all would like to forget. The only strategy that worked was short oil/commodities and go long the dollar and buying the 10 mega capitalized growth issues....

Perhaps suggesting a bottom on both interest rates and oil is the perhaps one of the most missed calls in recent years. I rhetorically ask, are both in the bottoming process, an incredibly dangerous question given the 99.8% error rate of answering this question?...

Oil tumbled to a six year low, touching off a rout in the equity markets as energy related shares tumbled with currencies of commodity producing nations. The dollar rallied. In other words, trading was similar to that of the last 10-12 months….long the dollar and...

Bloomberg reports bonds backed by loans to Spanish small businesses became the first asset-back securities to stop making interest payments last week after the benchmark rates turned negative....

Stocks fluctuated on merger and earning news as the Dow closed down about 100 points and the NASDAQ up 20 points.  Approximately 140 S & P 500 companies will post results this week, results that have been dumbed down considerably.  Analysts are expecting earnings to...