Entries by Gary Kaltbaum

MARKET COMPLEXION CHANGING

——-Maybe it’s the virus. Maybe it’s just overdue. After all, the market has had nary a pullback since October 3rd when the great money printer Powell leaked word of an impending NOT QE. Nevertheless, we think the complexion is changing as price dictates our stance. In no particular order:——- —–JP MORGAN, our official financial bellwether […]

KALTBAUM ON REAL NUMBERS

——Just a reminder that while the left and the right go at each other on the impeachment of President Trump:—— ——-Today and every day going forward, $3 billion will be added to our debt with that number growing every day. Today and every day going forward, $1.5 billion of our tax dollars go towards the […]