Markets

—–And again and again and again and again.—– —–We have told you on several thousand occasions that the fed targets the market. They no longer target the economy. On June 3, at the last low of a measly 7-10% correction, Powell sent out his easy money puppet…ooops, we mean another easy money fedhead by the…

To be brief, last night, futures were down 500…now up 100…yummy. We will know a lot more as to how this bounces. The big 4 large cap indices broke below the 50 day…bringing a lot with them. Pay no attention to those who just say buy buy buy. Pay no attention to those who say…

—–Futures are down another 500 Dow points tonight as the U.S. declared China a currency manipulator, intensifying and escalating the “trade war!”—– —–If the market opens down 500, that will be almost 2,000 Dow points since the president changed his stance on tariffs. We doubt he expected this.—– —–Lael Brainard, a fedhead who happens to…

BY GARY KALTBAUM- AUGUST 5, 2019 —-For months, we have had the same thoughts on the China trade issue.—- —-All evidence in, China is not just going to lie down and play dead.—- —-China does not have elections.—- —-The Chinese government are bad players but tariffs are not the answer. Vigorous negotiations outlining the benefits…

—–Here is your next week. The left and the national media blame Trump for the murders. The right blames it on mental health. Lots of whining and complaining from both sides before the bodies are even removed from the crime scene. On about day 8, this will be all but forgotten until the next tragedy….

——On Fox Business Network’s “Bulls and Bears’ last night, I stated businesses don’t even know if the president changes his mind on the new China tariffs by September 1st as he changes his mind on a whim. We also know he changes his mind depending on market moves.—– —–We were going to wait to write…

The president puts on new tariffs after taking off new tariffs…for the umpteenth time. This morning, the president sends out an administration official to say they can get rid of the tariffs they have not put on yet if China does better. This decision making by markets is going to crater markets. It is obvious…