Futures were under some selling last night, but as expected, the master planners didn’t want their peeps heading into a long weekend on a down note. I am not sure they will hold gains, but … Read more
Core PCE rate rises 0.3% for the third straight month The numbers: A key measure of U.S. inflation rose just 0.2% in April to mark the smallest increase in a year and a half, aided by … Read more
According to politicians around the world, the Great Unwashed plebians should be grateful for the energy crisis. President Joe Biden recently declared that America is undergoing an “incredible transition” and we must suffer in order … Read more
The self-proclaimed elites have gathered in Switzerland at the World Economic Forum (WEF). One of the newest ideas is a microchip in pill form. No, this is not a conspiracy theory. The president of Pfizer … Read more
Amid soaring inflation and declining quality of overall life, Americans are beginning to wake up and realize that the current administration is on the wrong track. Joe Biden’s approval rating fell to 39% — a … Read more
ASIA: Earlier this week, China’s premier, Li Keqiang, warned that the world’s second-largest economy could struggle to record positive growth in the current quarter. “We will try to make sure the economy grows in the … Read more
The S&P 500 would have to climb above 4300 to even hint at a change in the stock market’s downtrend The S&P 500 index is trying to put a short-term bottom in place, and it … Read more
After new- and existing-home sales tumbled, it should have been no surprise that pending home sales dropped in April. The 3.9% MoM decline was almost double the 2.1% drop expected and is the 6th straight monthly … Read more
Make no mistake about it: for the last few months, I have been writing that I am waiting for a real capitulation moment – a moment of real fear and panic selling – to indicate … Read more
The Kremlin has made it known that they will not evacuate troops from Ukraine until their victory is declared. “We are sure that everything will be fine, and we are sure that we will win, we … Read more