WE AINT MAKING THIS S—T UP! BERNANKE GOES MORE CERTIFIABLE!
SOURCE: http://www.bloomberg.com/news/articles/2016-07-14/bernanke-floated-japan-perpetual-bonds-idea-to-abe-adviser-honda
SOURCE: http://www.bloomberg.com/news/articles/2016-07-14/bernanke-floated-japan-perpetual-bonds-idea-to-abe-adviser-honda
“AND THE EASY MONEY ANTE IS UPPED” By Gary Kaltbaum-July 14,2016 We just wanted to repeat what we just told you. Do not shrug off an 18 month breakout of major indices. They typically work. Then combine the fact that mutual funds and pension funds have 11% cash, a gargantuan amount, and…
Stocks were quiet Wednesday as the market paused to digest the recent and strong ~8% post Brexit rally. Economic data was relatively light, U.S. import prices rose +0.2% last month and missed estimates. Meanwhile, export prices rose +0.8%. The Fed’s Beige Book showed the economy continued to moderately grow. Elsewhere, oil prices fell after the International…
Market Update: Stock futures are up triple digits ahead of Thursday’s open as investors look for more easy money from the Bank of England and the latest round of earnings. Gary’s Thoughts: As we wrote last night: “A sit day…nothing wrong with that…and tomorrow, the UK will announce more easing…thus…?” Thus means another gap to…
“HELICOPTER MONEY! IT’S COMING!” By Gary Kaltbaum-July 13,2016 My goodness! In case you did not know, in the past few days, Mr. Bubble (Bernanke) was sent to Japan to cure their ills. His remedy…”helicopter money.” We are not making this up. Mr. Bubble is now urging Japan to go to the next level. 0% rates?…
Market Update: Stock futures are edging higher ahead of Wednesday’s open as the market continues its strong post Brexit rally. Gary’s Thoughts: Earnings in droves soon. Pay attention. Yesterday, lagging areas got the good bid. When the floor picks up…everything picks up. Economic Data: MBA Mortgage Applications 7:00 AM ET Import and Export Prices 8:30 AM ETRobert…
Stocks raced higher as earnings season officially began and investors embraced more stimulus from global central banks. The Bank of England and the Bank of Canada are set to meet this week. Japan already said more easy money will be coming and that helped stocks break out of range and hit new record highs. After Monday’s…
The S&P 500 broke out of its very long trading range and hit a fresh record high on Monday. Overnight, Japan’s ruling party won their election by a large margin and announced more stimulus. That sparked a huge rally in Japan’s stock market (up almost 4%) and that lead to more gains across the globe. Current…
Market Update: Stock futures are higher ahead of Tuesday’s open as the recent and strong post Brexit rally continues. Gary’s Thoughts: And away we go. Don’t argue. Foreign markets, which had been horrible, are quickly popping back up some. Economic Data: NFIB Small Business Optimism Index 6:00 AM ET James Bullard Speaks 8:45 AM ET Redbook 8:55 AM…
Market Update: Stock futures are higher ahead of Monday’s open as investors add to the post Brexit rally. Gary’s Thoughts: Economic Data: Esther George Speaks 10:00 AM ET Labor Market Conditions Index 10:00 AM ET Loretta J. Mester Speaks 9:30 PM ET Highlights: Obama Urges a ‘Thoughtful’ Tone Amid Protests in the U.S. Gary’s Thoughts: With all due respect, this…