I am increasingly convinced that the monetary efforts of the central banks are overriding the natural cycles and whatever other forces normally determine the course of financial market prices. My own proxy for this central bank “money pump” is a smoothed sum of the FED’s balance sheet and 20% of the ECB’s balance sheet converted [...]
Entries Tagged as 'Editorial'
About That Money Pump
April 25th, 2012 · No Comments
Tags: Editorial · General Market Commentary · Market Internals · S&P 500
War on Speculators
May 19th, 2010 · 2 Comments
A favorite saying from my floor trading days was, ‘When the revolution comes, first they shoot the speculators.’ I usually envisioned the speculators being rounded up by the revolutionaries in this scenario. But with a war on speculators being declared by government types, I suspect I had the details all wrong. Germany’s intent to curb [...]
Tags: Editorial
Hussman Commentary
March 9th, 2009 · 1 Comment
Tags: Editorial · General Market Commentary
Golden Parachutes
March 9th, 2009 · No Comments
Tags: Editorial
M.C. Escher – Economist
February 27th, 2009 · 2 Comments
In My eMail Box
January 21st, 2009 · 1 Comment
Merry Christmas
December 24th, 2008 · No Comments
Where We Are
October 24th, 2008 · 13 Comments
Tags: Editorial · General Market Commentary · S&P 500 · Solunar Model