#1. The next time you hear an economist-type say “it’s different this time”, suggesting the prevailing trend will continue ad infinitum, know it to be the best indication that the trend is about to change… #2. The next time you think the financial world’s coming to an end, understand that if you’re right, it doesn’t [...]

You think the world’s changing fast? You have no idea. Watch this mind-blowing video then continue reading: My good friend who sent me this link added the following comment; “this sure puts things into perspective – though it’s too big to grasp (at least for my tiny little human brain)”. Which is interesting because this [...]

The Fed stepped in after hours yesterday and bumped the now-days-neglected discount window (the facility whereby the Fed acts as lender of last resort) rate by a quarter of one percent, putting it at .75%. Yesterday the Producer Price Index came in sharply higher than economists had expected – I believe they felt a symbolic [...]

Nothing to fear… “We have nothing to fear but fear itself”, Franklin D. Roosevelt. FDR saw fit to inspire Americans to rise above their fear during the Great Depression. “We have nothing to fear but not fearing”*. Larry Summers (2008). The Director of the White House’s National Economic Council saw fit to inspire Americans to [...]

Whom Do You Believe? A hedge fund manager named Zook tells CNBC that he’s “net short the stock market in a substantial way”, then makes his case as to why the market’s going south over the next few months. He states with great conviction that earnings will wane in the 2nd quarter and that there [...]

Can you imagine what it must have felt like to live in New Orleans during the first post-Katrina rainstorm? Or how the Haitian people will feel, for generations to come, every time the earth delivers even the slightest quiver? As I proffer this missive, the stock market is a stone’s throw away from official correction [...]