Notes From Underground: Cramer Unsavory? I Think Not
Jim Bullard? Now There Is An Unsavory Chap Today was not like the other days for the break in the equity markets came early. As all the global markets were in sell mode St. Louis Fed President James...
View ArticleNotes From Underground: Putting Qatar On Our Screens, A Potential Disruptive...
Many times I have written that you don’t buy gold/silver on the outbreak of war but merely trade it. Over the last 35 years any GOLD rally on the outbreak of any world conflicts has been a mere...
View ArticleNotes From Underground: An Assessment of Market-Moving Events (Or, Which...
Three central bank meetings, the selection of a new Fed chair, the release of a major new tax policy and the unemployment report provided the markets with great potential for increased volatility....
View ArticleNotes From Underground: William Dudley Starts Goodbye With a “Dud” Speech
As reported over the weekend, New York Fed President William Dudley is turning in his keys to the printing press and leaving the Fed in mid-2018 to spend more time with his family (Goldman Sachs). In a...
View ArticleNotes From Underground: Come On Wall Street Don’t Be Slow, This Is War a...
*NOTE: THERE IS NO POLITICAL VIEW IN THIS BLOG (AND SPECIFICALLY IN THIS POST) I ascribe to the wisdom of Deng Xiaoping. To paraphrase: Quality analysis doesn’t care if the “cat is black or white,”...
View ArticleNotes From Underground: Xi, Am Putin My Readers On?
The Twitterverse is atwitter with news bits about the coming meeting this Friday and Saturday. There are rumors that Putin and Trump were going to meet but now the get-together is off. The once-scorned...
View ArticleNotes From Underground: The King of Hearts Searches for Sanity
The inmates are running the asylum as policy makers are busy putting out old prairie fires. The European Central Bank’s move on Thursday was a final curtain call for President Draghi as he sought to...
View ArticleNotes From Underground: It’s Time For the Owl
Well things are on the bubble as the Russians and Saudis had a “falling out” as lovers often because the OPEC talks resulted in an ostensible all-out war to break oil prices. The consensus loser will...
View ArticleNotes From Underground: Three Cheers for Christine Lagarde
While the rate cutters were busy dumping on ECB President Christine Lagarde for not cutting and only announcing an increase in bond purchases I opined that Lagarde was getting more by doing less....
View ArticleNotes From Underground: Just a Song Before I Go
At this time of great chaos in the world I am going to take a 10 day hiatus to sit back and reflect as it is the time of Passover and Easter. These holidays will take on special significance this year...
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