This post is an excerpt from the Pro Trader and Monthly Investor MacroLiquidity report. Subscriber links are below the text. The FOMC meeting minutes are a key instrument of official Fed propaganda. They show how the Fed wants you to view policy. There’s some useful information there, but it’s not what the Fed says it thinks about the economy. I…
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Fed Opacity is Suffocating the Markets
Market observers continue to give short shrift to the fact that the Federal Reserve is the perpetrator of the “Red Wedding” in the markets. The Federal Reserve doesn’t trust the markets. It thinks it knows better than the markets how to set the price of capital and create the conditions for economic growth.
Claiming that they can’t find the talented workers they need in the American workforce, tech companies have frequently hired H-1Bs – and continually lobbied for more – simply in order to drive down wages and therefore boost their profits.
Cycle screening measures strengthened on Friday. The aggregate rose sharply to its 29 day MA. A crossover and a move into positive territory by that…
The week commenced with yet another “flash crash.” The August 2015 version was notable for its ferocity and impressive global scope.
The market held its gains on Friday. The original crash channels have barely been broken. They may have simply widened a little. Meanwhile the S&P…
China has been selling some of those bonds to prop up their own currency. This is supposed to signal the end of the U.S. dollar. What is the dollar’s future?
Although stocks have recovered somewhat, the six consecutive days of losses have many investors asking, “Is this a bear market?”
The Hillary Clinton email probe has hit a major nerve – even members of her own party are worried about the success of her presidential run.
Investing in natural gas is going to be a major source of energy profits in years to come.
But to know where the profits are, you must understand how the industry is evolving.
Venezuela is desperate but here’s why they’re getting no support from fellow OPEC members.
This paper studies whether intraday technical trading rules produce significant payoffs in the gold and silver market using three popular moving average rules
Cycle screening measures strengthened on Thursday but the aggregate measure remains deep on the sell side in spite of rebounding for 3 days. These are…
Gold stopped falling yesterday and some of the miners held at trend support or just above. That support is downtrending though. Hope that the worst…
Here’s the market’s new paradigm. It’s a toilet. Every time the market gets flushed, central banks refill the tank. The Fed has taken this year off,…
U.S. financial markets haven’t been the only case of volatility in the world recently.