Economics

Now What?

Well, we got more than one dissenter and a whiff of tapering and it looks like we will get the predicted sell-off of around 1000 Dow points. There was also a 7th sighting of the Hindenburg Omen, reinforcing the 25% chance of a market crash, and a 70% chance of a decline …

Economics

“What Is Bernanke So Afraid Of?”

Rick Santelli’s rant today was maybe his best. Unfortunately, it was all for show, because Rick is too smart not to know the answer.

Economics

“Trust, but verify.”

The NSA claimed it stopped bombings of the NY Stock Exchange and subway. As I stated in my previous post, where are the arrest and indictments? A terrorist act does not need to be pulled off for it to be a crime. Instead of the media claiming the NSA saved …

Economics

Pre-Bernanke Assessment

With the Fed’s dog and pony show tomorrow, it might be a good time to asses some fundamentals and technicals to see how markets might react over the next few days. The fear strawman that has been planted over the last few weeks is that the Fed would “taper” (reduce …

Economics

Market Update

What are the markets and technical indicators telling us about the direction of the economy and world stability? We had our sixth Hindenburg Omen signal since May 31st. Those not familiar with this technical indicator can read about it here. It basically measures the instability in the market and when confirmations …

Economics

1984 is here 2014

Please heed Martin Armstrong’s warning. This is consistent with our 5-Step Plan, which can jump-start the recommendations that Mr. Armstrong provides. If you doubt that political insanity and the boot of government is coming to a town near you, look no further than a county in Oregon, which is threatening the use …

Economics

Jaws of Death Update

With the Dow falling over 200 points on Friday, and a confirmed second sighting of the Hindenburg Omen triggered, this may be a good time to discuss the “Jaws of Death” pattern once again. For those technicians out there that want details on the Hindenburg Omen (HO), please consult Dr. McHugh’s …

Economics

Where Will The Economic F5 Tornadicane Touchdown?

It was just released on Friday (5/31/13) that personal income decreased $5.6 billion, and disposable personal income decreased $16.1 billion in April. Now consider that consumer purchasing power has been devalued by around 7% ($1 trillion printed by Fed divided by a $15 trillion economy). Meaning that consumers need their income to …

Economics

A Financial System Dependent of Hypothication and Fractional Lending is Doomed

If you ever hear an arcane word or phrase like Quantitative Easing, Targeted Asset Relief Program, or hypothication, then you have your first clue that you’re being royally screwed. If your not familiar with the financial term “hypothication”, it could become more ominous than collateralized debt obligation (CDO). Hypothication is …

Economics
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Why U.S. Manufacturing Can’t Get Off the Mat

The reason US Manufacturing can’t get off the mat is because they’ve been pinned by an 800 lb gorilla named Bernanke and a CONgress and President that together couldn’t manage a hot dog stand. The article accurately presents some of the data that shows manufacturing is stagnant at best, and there’s plenty more data that …