Archive - Oct 2014 - Blog entry

Nope, no deleveraging here...

At the end of the day, the Fed with its misguided theories have demolished capitalism: the single most powerful form of wealth generation in the history of mankind. All the Fed has really accomplished is leverage the entire financial by an even greater amount… which has set the stage for a collapse that will make 2008 look like a picnic.

Screening With a Thermometer Is Guaranteed to Fail …

Why Don't We Do THIS?

Copious amounts of monetary whiskey have been downed in the global economy and yet the recovery remains weak at best. The mother of all monetary hangovers awaits us all and will likely manifest in stagflation and sharply higher inflation.

The market is primed to drop. Now is the time to prepare.

Tepid response to yesterday’s rally turned negative this morning. Risk off in pre-market with /es -6.00. Asian markets mostly positive. European markets turned lower in anticipation of US open. 10 year yield at 2.318%, maintaining the-under 2.4% stance.

There is something seriously wrong if the Federal Reserve cannot raise the Fed Fund`s Rate a measly 100 basis points after 7 longs years of ZIRP.  Seven years is an entire business and economic cycle!

The U.S. Backed the Dictators Whose Rampant War Crimes Destroyed their Healthcare System

Global economic growth remains weak and vulnerable and the global financial system remains very fragile. The ebola virus has the potential to be the straw that breaks the proverbial camel’s back. 

Stocks and commodities fell globally today due to concerns about the spread of Ebola and declining economic growth. Precious metals bounced from near multi month lows.

Prepare yourselves, it is only going to get worse...

Need we try to improve upon the lyrics of Rage Against The Machine?

A recent weekend experience reminded me of how 99% of them are completely useless

The Smart Money is dumping stocks for real assets.

“I’m Not Going To Sit Here And Say That If A Person Who [Has Ebola] Were To Sneeze Or Cough Right In The Face Of Somebody Who Wasn’t Protected, That We Wouldn’t Have A Transmission”