If you are like me, or the rest of the trading world, you have been scratching your head in disbelief, while watching not only the major indices regain what they lost after the beginning of the COVID pandemic, but for some like the NASDAQ, go to new highs. Let’s remember the markets were considered overvalued … Continue reading
This month’s move by the Federal Reserve Bank to lower interest rates for the first time in a decade may prove to be a “boondoggle”. This was done on the backdrop of all the economic indicators in the U.S. posting continuously showing record employment, rising wages, all time historic high stock index prices, and record … Continue reading
Economists are scratching their heads. Historic low interest rates for years, productivity levels at historic highs, supposed full employment, and we are chugging along at a dismal 2% growth in the United States. How could this be? In the past, this was a potent cocktail for fireworks in the economies of the world. Of course … Continue reading
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