Where Shortages Show up: The WTF Plunge in Retail Inventories

Where Shortages Show up: The WTF Plunge in Retail Inventories

How messed up the economy has become, fueled by government moolah and Fed manna, when nothing and no one was ready for it When the government spends trillions of borrowed dollars to boost demand from all sides, and when the Fed prints trillions of dollars to monetize...
Japan’s Nikkei index tumbles 3% over US rate rise concerns

Japan’s Nikkei index tumbles 3% over US rate rise concerns

TOKYO — Japan’s benchmark Nikkei Stock Average dropped to a one-month low on Monday morning after indications that the U.S. Federal Reserve could move away from ultra-easy monetary policies sooner than expected. The Nikkei index at one point fell over...
My best short term trading week of the year

My best short term trading week of the year

  I’ve taken a lot of small losses this year, trying to fade what I thought was irrational bullish enthusiasm – so it felt good to cash in some winning tickets this week. I’ll tell you more about that in the Short Term Trading section below, but first: Did we just...
Dow falls 260 points after Fed signals 2 rate hikes in 2023

Dow falls 260 points after Fed signals 2 rate hikes in 2023

  U.S. stocks dropped Wednesday after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will next hike interest rates. The Dow Jones Industrial Average closed down 265.66 points, or 0.8%, at 34,033.67. The blue-chip average...
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