Category Archives: Uncategorized

The Best MLK Weekend Of All-Time

We are reposting this for the holiday and in honor of Dr. King, one of our greatest Americans, a patriot, and a true saint. I exchanged emails with Reverend Senator-elect Raphael Warnock after posting it. Originally Posted on January 21, 2019 … Continue reading

Posted in Politics, Uncategorized | Tagged , , | 2 Comments

Comfortably Numb: Are We There Yet?

Markets certainly are. OKJust a little pinprickThere’ll be no more aaaaaaaah!But you may feel a little sick – Pink Floyd Hard to say what the pinprick will be.  My bet is higher inflation and higher interest rates.    On the … Continue reading

Posted in Equities, Uncategorized | Tagged | 2 Comments

Peak Euphoria & Bat Shit Crazy Markets

  [t]here is no denying that there’s been a shift in market structure over the past few years. Whether it be in the proliferation of free trading platforms, the rise in market share of passive investment strategies, or the ease … Continue reading

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QOTD: Algos Exploiting Tribalism

QOTD = Quote of the Day I’ d like to think that this is the beginning of the end of Big Tech as we know it. I think this is another example that when you have algorithms that are profit-driven, … Continue reading

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The Moment I Knew America Was In Trouble

We are reposting a piece from June 1st as we were very concerned about the stability of the American Street and where the country was headed.  We were worried about a future full of “peril,” and after the events of … Continue reading

Posted in Equities, Uncategorized | Tagged , | 2 Comments

Straight Flush: The Taiwan Straight Beats The Straight Of Hormuz

As the stock market and the FOMO chasers remain unhinged from reality (3 standard deviations above mean valuations) about as much as the crowd we watched in horror invade the Capitol yesterday, it’s time to revert to a fundamental story … Continue reading

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Cathie Wood Sees 20 Percent Returns In 2021

Get well, Carol K.. You crushed me on in our bet for the year-end S&P 500 target. This one’s for you.  

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Semiconductor Manufacturing In The U.S.

Source:  SIA 

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Stocks On A Long Monetary Leash

M2 Money Stock – Weekly % Year-on-Year Change  Stunning to see the weekly monetary aggregates (M2) continue to grow at an unprecedented 25 percent year-on-year rate.  Not so stunning to see the stock market mania being led and fueled by … Continue reading

Posted in Coronavirus, Economics, Uncategorized | Tagged , , , , , , | 1 Comment

The Paradox Of Value & The Water-Diamond Paradox

Times they are a changin’. Water is joining gold, oil and other commodities traded on Wall Street, highlighting worries that the life-sustaining natural resource may become scarce across more of the world. Farmers, hedge funds and municipalities alike will be … Continue reading

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