Political Nightmares Multiply for Europe Ahead of Davos

Europe's dreams of integration are slipping away as the people wake up from the nightmare erected for them. As we approach Act IX of the Yellow Vest protests in France and the threats of creating bank runs we get the news that both Presidents Trump and Macron will not be attending the convocation of globalists … Continue reading Political Nightmares Multiply for Europe Ahead of Davos

Private Blogs — The Fed Hikes, Now What?

I have two new private blogs up for Patrons. The first is yesterday's video Market Report where we discuss the ramificiations of Trump's announced pull out from Syria and trends within Central Bank activity vis a vis the rising dollar. That's a standard post for $4/month patrons and above. For those who want a taste … Continue reading Private Blogs — The Fed Hikes, Now What?

Private Blog – To Brexit or Not to Brexit

I have a new 23 minute market report up on Patron for subscribers going over what's happening later today with respect to the vote of No-Confidence against Theresa May over her bungling Brexit.  I also cover the happenings in gold, silver, the Dow and the USDX to give you a picture of where I think … Continue reading Private Blog – To Brexit or Not to Brexit

Meet the New Merkel, Same as the Old Merkel

So Angela Merkel is out as leader of the Christian Democratic Union (CDU).  In comes Annegret Kramp-Karrenbauer, Merkel's close ally who won the party's support with a very narrow victory over more conservative Friedrich Merz. The goal , as always in Europe, was to maintain the status quo politically. Change needed to change nothing.  Brexit negotiations … Continue reading Meet the New Merkel, Same as the Old Merkel

Private Blog – Market Report 12-5: The Trump Put

With the markets waking up to the fact that Trump is truly economically illiterate when it comes to tariffs and trade we're seeing a major move in risk-off assets.  I have a new Private Blog up for Patrons discussing this. You can access the Private Blog by pledging a minimum of $4/month at my Patreon.

Recession Incoming or Something Worse? 2/10 Spread Collapses

UPDATE: Now stocks are selling off and the 2/10 spread is less than 10 basis points.  Gold, however, refuses to sell off while the euro pulls back versus the dollar. Mike Shedlock over at Mishtalk noted yesterday that there have been a couple of troubling inversions in the U.S. yield curve recently.  They happened in … Continue reading Recession Incoming or Something Worse? 2/10 Spread Collapses

Market Report 11-10-2018

The latest market report focuses on what happens now that Jeff Sessions has been removed as an obstacle to Trump fighting back against the coming Democrat-led House and the inevitable burying of DoJ and CIA malfeasance by incoming House Intel Cmte. Chair Adam Schiff among other things. To gain access to twice weekly market reports … Continue reading Market Report 11-10-2018