Monthly Archives: July 2019

Sign of the Times

If true…. Water world Tsunami injuring many in Yanbian, Manchuria. The operator got drunk and turned the wave magnitude to maximum level. — Augustus Manchurius Borealis (@1984to1776) July 30, 2019

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Why Did Stocks Fall After Rate Cut?

Gravity.  Stock prices are waaay too high. Stocks went down not because the Fed messed up.  If they needed to cut 50 bps and signal more to come because of coming economic weakness, what in heavens name were stocks doing … Continue reading

Posted in Equities, Politics, Uncategorized | Tagged , , | 3 Comments

Fed To Cut With “Loose As A Goose” Financial Conditions

It is absolutely clear to us this rate cut is motivated to placate a clueless and unprincipled president and also including Wall Street traders.  We call them the “market socialists” who look for government intervention to set prices rather than … Continue reading

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Why Is Apple Rallying?

For iPhone, we generated $26 billion in revenue. While this is down 12% from last year’s June quarter, it is a significant improvement to the 17% year-over-year decline in Q2. – Tim Cook, Earnings Conference Call, July 30 This is … Continue reading

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Deflation? Not Even Close

Core CPI consistently prints around 2 percent, the average over the past eight years, with the latest reading of the June core rate coming in at 2.1 percent.  Sure, we can find another index to show lower or higher rates … Continue reading

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Why The Tour de France Is So Brutal – Vox

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Good v. Evil

Yes, that is what 2020 is shaping up to be all about. Watch the videos and read the tweets below and you decide, then act…   Why is so much money sent to the Elijah Cummings district when it is … Continue reading

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Enter The Selling Zone 2.0

It’s that time again. No, not the, now annual October fires in California (helluva a Chinese hoax, btw) we’re running from but the S&P moving into the selling zone. We are reposting a piece we published on the very day … Continue reading

Posted in Equity, Uncategorized | 16 Comments

Life After 10 Downing Street

This is too funny!  Click on and enjoy. Theresa May leaves 10 Downing Street for the final time. 🍷 — Ray Kwong (@raykwong) July 25, 2019

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WWLT: What Would Lincoln Tweet?


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