By Turd Ferguson | Friday, November 3, 2017 at 9:53 am
The US labor force is rapidly shrinking. Wage growth is non-existent. The vast majority of the American people have no savings and little hope for economic improvement. But none of that matters with the G-3 central banks in charge!
By Turd Ferguson | Thursday, November 2, 2017 at 10:05 am
A lot going on again today as the Trump tax plan is finally released and, in a few hours, he'll also reveal his choice to replace Mother. So far, so good with the price of the Comex metals but let's not get ahead of ourselves just yet.
By Turd Ferguson | Tuesday, October 31, 2017 at 10:09 am
Two not-unexpected developments occurred overnight and this morning. First, the all-important USDJPY bounced from a double-bottom at 113 and then moved 45-degrees higher. Second, The CME and The Banks have decided to sink their fangs into Bitcoin through the introduction of Bitcoin futures.
By Turd Ferguson | Monday, October 30, 2017 at 10:13 am
Wow, it's going to be a really busy week with headlines dominated by politics, geopolitics and economic datapoints. There's even an in-between FOMC meeting. So settle in and prepare for some volatility all the while keeping in mind that it's not how you begin the week that matters...
By Turd Ferguson | Monday, October 30, 2017 at 8:52 am
Jim Quinn has the unique ability to cut through the noise and present the facts. His latest, posted earlier today, is a must read for anyone incredulous at the continually rosy economic picture painted by the mainstream financial media.
By Turd Ferguson | Friday, October 27, 2017 at 8:35 am
Apparently the old Keynesian fallacy regarding "broken windows are good for GDP" was on display once again as Q3 US GDP beat expectations this morning. This has predictably spiked the USDJPY and now Comex gold sits poised for a fall, right upon its 200-day moving average.
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