With the major plunges we’ve seen recently, the severity of the daily declines is increasing, just as we had predicted. The next phase of the bear market will turn the bulls into frightened and confused … Read more
The stock market is now in very serious trouble. The bond market is NOT calming down. Last week the yield on the all-important 10-Year U.S. Treasury (the most important bond in the world) spiked to … Read more
A few days ago, we brought readers’ attention to the one chart which we think is the most important in setting market tone and sentiment: that of emini liquidity, or lack thereof. This morning, Goldman’s … Read more
Quick takes: Use this draw-down as an opportunity. The markets collapsed Thursday from leveraged ETFs (SQQQ & TQQQ) selling $15bn and option dealers selling huge amounts of gamma into the market. The Fed will NOT … Read more
Futures are getting smoked again and this market is looking pretty ill! But even with the big gap down open today, I am still seeing some buy signals on the hourly /es chart. There is … Read more
The FDA has finally admitted what we knew all along – the vaccine is not safe. The FDA said it is limiting the availability of Johnson & Johnson’s COVID-19 vaccine as it does indeed cause blood … Read more
Update (0900ET): Reuters reports that South Korean military officials are claiming that North Korea fired a submarine-launched ballistic missile (SLBM). Japan also said the projectile was a short-range ballistic missile. Defense Minister Nobuo Kishi said North Korea’s recent … Read more
In this week’s Live from the Vault, Andrew Maguire reveals a glaring LBMA price fix is wreaking havoc on the gold market, after a tidal wave of global physical demand. The precious metals expert speaks … Read more
The unemployment rate holds steady at 3.6% to remain near 54-year low The numbers: The U.S. added a solid 428,000 new jobs in April, but an acute labor shortage showed little improvement last month and threatens … Read more
One month ago, we cited from a stunning report by Nomura quant Solomon Tadesse, who calculated that the peak of the Fed Funds in the current tightening cycle would be just below 1.0% – or just 1 … Read more