Over the past six weeks, I have made presentations at several investor conferences. One of the benefits I receive at these conferences comes from watching the presentations of other invited experts and learning from them. One such presentation that I learned a great deal from was a candid talk by Main Street Capital Corporation (NYSE: MAIN) CEO…
Ostensibly, US markets are not far from their all-time highs. And yet, the most watched market indices reflect extraordinary unease about the US economy. For now, major observers acknowledge that US equities have failed to reach new heights and US economy does not reflect consumer and business confidence. Nevertheless, they continue to believe that global…
It is getting hot in the U.S. stock market, as new trends are developing going into the summer. Our key theme in the last couple of weeks is that markets are currently trendless, as explained here and here. New trends are developing as we speak, but the market will take its time, so don’t try to anticipate markets, as that…
There is a great deal that is wrong with mainstream economic commentary, starting with its unwavering devotion to orthodox economics and unshakable faith in their “stimulus”. No matter how little is actually stimulated there is never any doubt that the media will simultaneously forget the last one while lavishing praise on the next one. It…
Whether the market moves up or down it appears Tuesday reversals seem present. Markets reversed course this Tuesday moving sharply lower. We’ve seen this type of action this month. What’s the news? Some buzz and worries about the prospect of higher interest rates near. I believe markets are trapped in a volatile low volume trading…
After a mad dash to the upside for gold and a similar dash to the downside for the U.S. dollar, investors are getting their bearings once again. April’s disappointing jobs report refocused everyone on the potential economic slowdown and a still-dovish Fed. Brien Lundin of Gold Newsletter paints the big picture of how speculation over the Fed’s…
