Category: Money Printing Pump
A “Sort of” Decline
Don’t Forget the Pump!
Recent experience tells us as long as the Money Pump is in operation, the downside is limited.
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The repeated alignment of Money Pump surges with renewed S&P rallies argues for a cause-and-effect relationship, not merely an observed correlation, between FED printing and this S&P bull market.
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A Pause
Sometimes Correlation IS Causation
Follow the Money Pump!
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Reversal
A dramatic and technically relevant reversal today should see prices decline for a while. But will it break the back of the Money Printing Pump?
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The breadth barely below zero. It can fall far before reaching an oversold reading from here.
Still Pumping
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Euro 1.55?
The euro has not kept pace with the relative speed of dollar printing versus euro printing. We've been expecting this spread to narrow. It has quite a long way to go.
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