Non-event day as market rests into the fake jobs number. We posted what Yellen said yesterday (or was it the day before) We can now expect QE4 to come. We will have a lot of whining over the weekend as we take a 14 hour flight back from China. There is absolutely nothing wrong with…
Greetings again from Shanghai where we visited 3 of the tallest buildings in the world that are literally next to each other in Pudong. We will be traveling back tomorrow. In case you did not see this, here is the money quote from Mrs. Bubble. Leave no doubt, nothing she says is by accident. This…
March 30,2016 Greetings from Shanghai where it is 7:15 pm Wednesday night. Hoping you are doing well as we will be back from our trip this coming Saturday. We have a lot to say in two parts. Firstly, we do not know what you’re hearing but here is what happened yesterday. Janet Yellen just eased…
Greetings from Hong Kong…on the way to Shanghai today. Will have a complete report on China this coming weekend. Was up overnight watching and the best way to describe the action is a lot of not much. A lot of sitting, a lot of back and forth, a few things not so well, a few…
Greetings. It is Monday morning here in Hong Kong where I got a bout of food poisoning past couple of days. Let’s just say…no fun. Feeling much better this morning after sleeping 12 hours straight. Have a few thoughts this morning on things I am seeing. Japan announces they will add even more stimulus. More?…
Greetings from Guilin, China. We will have our award winning weekend report for you over the holiday weekend. Since our call for a low on Feb 11 and Feb 12 and during the past weeks of rallying, we have not had to say the following once: We think there is a better than average chance…
Greetings from Xi’an China. Our hearts go out to those affected by the terrorist attacks by nothing more than animals. Our amazement grows by the people who have been passive about terrorism complaining about those who want to be aggressive about terrorism and calling those people extremists. For markets to continue higher, one would want to…
Stocks were relatively quiet on Monday as the market paused to digest the very strong rally we have seen since the Feb 11th low. Apple unveiled a few new (lower priced) products which are aimed at capturing a broader audience. In other news, Starwood Hotels and Resorts ($HOT) accepted a higher offer from Marriott International Inc ($MAR)….
MARKETS GO COAST TO COAST” By Gary Kaltbaum March 21,2016 Greetings from Beijing. Fascinating place. The Kaltbaum bucket list continues to get checked off. Yesterday, we visited Tiananmen Square, the Temple of Heaven and the Forbidden City. Humongous, expansive and spectacular architecture come to mind. Today, we hit the Great Wall and Summer Palace. To…
Stock Market Overview: Futures are higher ahead of Friday’s open as investors digest a busy week of central bank meetings. The big take-away is that nearly every major central bank in the world remains committed to their easy money stance. Gary’s Thoughts: Bad news being bought! (CAT) Good news being bought big! (FDX) We will…
