Archive - May 2015 - Blog entry

There is always a way out for Greece. But at what cost?

A non-bombastic look at the week ahead and a number of key events in June.  These could set the tone for Q3 and beyond.

"Americans are ignorant and lazy."--Shepard Fairey

What happens if the Fed actually stop reinvesting TSY holdings after they reach lift-off? Net supply will on the private market will increase accordingly and market volatility will force the FOMC to reassess their fleeting exit strategy...again

In simple terms, if the system is ever under duress again, money market funds can lock in capital (meaning you can’t get your money out) for up to 10 days. This is just the start of a much larger strategy by the Fed to declare War on Cash.

Combination of important events/data and large move in last two weeks, the dollar may pullback/consolidate in the days ahead.

Warren Buffet isn’t one of the richest men in the world with the flair for making a fast buck or two for nothing.

A postcard from Neocon hell...

Goldman Sachs proposes that society should bend to the needs of the financial and monetary system rather than reform of that system. At any rate, the proposals put forward by them are unlikely to achieve any kind of long-term solution to the problem of massive unsustainable debt faced by the western world and Japan. 

So much for the Saudi and OPEC strategy of putting a dent in US Oil Production by not cutting production and hoping to gain market share for their oil by putting the Shale Industry out of business.

Central Banks are going to declare a war on cash.

The ‘war’ word is being increasingly heard internationally as the U.S., EU, Russia and China adopt provocative postures over various disputes including Ukraine and in the Pacific. War with the U.S. is “inevitable” if the U.S. involves itself in the dispute which has arisen over the Spratley Islands in the South China Sea according to China's state controlled newspaper the Global Times.

For all you conspiracy theorists...

We are what we think more so than what we eat.

So you're a Trader? Bet your Mother is Proud