Tag: Federal Reserve
Where Big Ben Tells Us To Invest…
At just before 4:00 am on Friday morning our local pack of coyotes started howling. I’m certain they caught a rabbit and were enjoying a late dinner (or would that be an early breakfast?). Our three large dogs decided to earn their kibble for the week. In unison all three dogs started barking… loudly. Needless […]
Are The Markets Rigged?
The market rally of the past year has been a whopper. It has gone up farther and lasted longer than most thought possible. Each passing day brings more upside. With few exceptions, the market is treating all news as good news. The market is starting to seem like a one way street…. straight up. For […]
What’s Killing The US Dollar?
The question of the day is simply, “What’s killing the US Dollar?” I wish the answer was easy, but like most things in life, it’s a bit complicated. The problem is… there are too many correct answers. It’s like all the Roman Senators stabbing Julius Caesar – “Et tu Brute?” Individually they all caused damage. […]
How To Profit From The Falling US Dollar
This weekend I got a call from my uncle. He recently switched jobs and now runs a small electrician’s office. In the flurry of new paperwork, he realized his 401K was still sitting at his old employer. He decided to roll it over to his new employer. He’s a smart guy. And he’s managed to […]
How Inflation Causes a Top In The Bond Market
Just yesterday I was sitting in a meeting. Nothing new. I seem to spend my days hopping from one meeting to the next. I had the opportunity to meet with top management at a small mining company. Their specialty is silver and copper and the business intrigued me. As you know the commodity market has […]
JP Morgan & The Fed Try To Rescue Bear Stearns
Today major news hit the markets and we’re down more than 230 points on the Dow. This is getting scary folks and is no joke. In the last 24 hours, investment banking giant Bear Stearns (BSC) suffered a major liquidity crunch and is on the verge of collapsing. JP Morgan Chase (JPM) and the Federal […]
Federal Reserve Creates Term Securities Lending Facility – Market Rallies
Yesterday the Dow Jones Industrial Average gained more than 400 points. It was truly amazing! I normally don’t encourage people to watch the market minute by minute, but yesterday’s rally was something to behold. Everything on the screen was green. Why the rally? News came out yesterday of a novel way for the Federal Reserve […]
