Billionaire investor makes sense of this market. Spoiler Alert: Its NOT A Cycle!
08/10/2020 7:31 AMTwo of the questions I get most often these days are, “What kind of cycle are we in?” and “Where do we stand in it?” My main response is that the developments of the last five months are non-cyclical in nature, and thus not subject to the usual cycle analysis. The...
read moreThe US Election is a Ticking Time Bomb
08/10/2020 6:27 AMBoth major parties are calling the system into question. Violence and vandalism have been normalized. That is a recipe for some very bad things. (Note: Please share this comment on Facebook and Twitter. If you know someone who would enjoy listening please recommend...
read moreGoofy Award of the Week – Aug 8th
08/09/2020 7:15 AMGross Injustice - Government's effort to destroy one man's career just got worse.
read moreQuote of the Week – Aug 8th
08/09/2020 7:15 AMLegendary investor, Bernard Baruch said it 80 years ago - and it's more relevant than...
read moreInstant Wisdom – Aug 8th
08/09/2020 7:14 AMWhile our leaders refuse to stand up to the cancel culture - President Obama sets the "woke" crowd...
read moreComplete Show – Aug 8th
08/08/2020 11:34 AMMike on the only way to help the unemployed, charities and businesses on the brink. Michael Levy on the big inflation debate. Barrack Obama on the cancel culture and Josef Schachter on the next big buying opportunity in...
read moreWorking Hard to Derail the Recovery
08/08/2020 10:36 AMWhy are so many politicians undermining the only way to mitigate the unprecedented economic and financial damage caused by the pandemic lockdown? Hint: They don't have a freakin'...
read moreJobs Report Doesn’t Say Much Amid COVID Uncertainty
08/07/2020 10:01 AMU.S. employers added 7.5 million jobs in May and June, following a devastating April in which millions filed for unemployment benefits. But July is the tricky month because the trend has failed to continue at the same pace making it look like the pandemic surge is now...
read moreBitcoin Market ‘Much Different Now’ as New BTC Wallets Approach 2017 Highs
08/07/2020 9:58 AMNew on-chain data suggests that demand for Bitcoin (BTC) from new investors is growing. Specifically, the number of new BTC addresses is nearing 2017 levels when the price hit $20,000. Brock Connelly, the CEO of RoundBlock Capital, said: “Has anyone noticed, daily...
read moreIf the “Market” Never Goes Down, The System Is Doomed
08/07/2020 7:12 AMThe reliance on "good news" narratives dooms our financial system and economy to a death spiral once reality breaks through the induced euphoria. "Markets" that never go down aren't markets, they're signaling mechanisms of the Powers That Be. Markets are fundamentally...
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