Please try another search
What a day! Some extremely volatile action took place that will live on in the memories of all those that witnessed it. So, what to make of it all? Well, this analysis will focus on the Dow and euro,...
WEEKLY REVIEW It was a historic week to say the least, as the financial markets embraced a shocking victory from citizens of the UK for a Brexit. Investors were prepared for a “risk-on”...
Reflections in a Golden Yukon Being away for two weeks in the Yukon, where communications range from good in Whitehorse and Dawson to spotty to non-existent everywhere else, allows one to get a...
Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall. All the king's horses and all the king's men Couldn't put Humpty together again. Brexit is a Bear Stearns moment, not a Lehman moment....
BREXIT! I have to admit, I did not believe it would happen. Rather, I did not believe it would be "allowed" to happen. In retrospect I believe the elites will look back and wish they had "Diebold"...
We definitely have an interesting day today. Although I was hoping for Brexit, I thought British were too scared of the Armageddon announced by Cameron and whole ‘Remain’ campaign to...
The Merriam-Webster online dictionary defines uncertain as “not definitely known.” Before Thursday, the existence of the EU, the second largest trading block on the planet, was a certainty...
Market movers ahead The UK's vote to leave the EU has sent shockwaves through the financial markets. The focus will now shift to how politicians and central banks react in the coming days. Given...
There wasn’t anything new or surprising in the advance durable goods report. Shipments (ex transportation) were flat and orders were up 1% year-over-year (NSA). Capital goods (non-defense, ex...
Several readers are still wondering why the odds-makers and pollsters got it wrong so badly. Let’s recap. If the odds-makers made money, they got it correct. If they lost money, they got it...
Today was an incredibly rough day for the global market, and for good reason. Today was the day that the results came out with regard to a Brexit vote. Unfortunately, the results were the furthest...
Well, that was an interesting end to the week! Talk about a seismic shift in the world order. The markets are coming off a tumultuous day on Friday, in the wake of Britain’s decision to leave...
Has the next Lehman Brothers moment arrived? Late Thursday night we learned that the British people had voted to leave the European Union, and this could be the “trigger event” that...
Negative interest rates have flipped our global financial system upside down. Investors are now paying governments to lend them money. And it seems no country is immune... Last week, Germany - the...
DOW – 610 = 17,400SPX – 75 = 2037NAS – 202 = 470710 Y – .17 = 1.57%OIL – 2.49 = 47.62GOLD + 59.30 = 1316.60 Britain has voted to leave the European Union, forcing the...