Market Overview

Bravo Zulu to the people of Great Britain for deciding to kick those worthless EU bureaucrats out of their lives. Though from what I’ve read, it seems Scotland in the main voted to stay in the...

‘The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries’ -- Winston Churchill Britain is considered the...

Market sentiment is all over the place. While many have been sidelined in this market to await news on Fed policy (two weeks ago) and the result of the 'Brexit' vote (last week), we have seen an...

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 REVIEWIt 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 YukonBeing 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...

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 these...

A pretty wild day for the markets today after the UK voted to leave the European Union. Well, actually, it was just a referendum and non-binding but ignoring the will of the voters is not a good way...

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...