Or, is it the end of the beginning? Or, is it, as stated in the eloquent and somewhat humorous words of Sir Winston Churchill, ” … not the end. This is not even the beginning the end. But is perhaps the end of the beginning.” This line was delivered to the attendees at the Lord…
Tag: stocks
A Blue, Blue Wave + Aggressively Hawkish Fed: A Recipe For Disaster?
“The Sixty-Four Dollar Question” What’s gonna happen if the Democratic Party gets it’s Blue Wave this Tuesday? My thoughts are as follows: One way or another, this will be an obsession. If both houses go to the Democrats there will be a major media freakout/ feeding frenzy focusing on the negative: the Democrats … their business-unfriendly…
Worried About Stocks?: A Little History That Might Help You Sleep Better
We have seen this movie before … And many times. The United States Treasury 10-year note breaching a 3% yield (peaking last week at 3.248%) after another quarter point bump in the Fed funds rate (to 2.25%) has rattled the market again. “Again” is the operative word. This happens every time that the Fed moves…
“If I ever got impeached, I think the market would crash, … ” –Donald J. Trump
For starters this is not a political post (despite the title). This is a factual post. For kortsessions followers this will not be new news, but I think a refresher may be in order. The reasons are two-fold: the media is beginning to chirp about the market being affected by the president’s deepening legal woes…
Is the United States a “Stupid Country?”
People on both sides of the political spectrum, including our president, have made that assertion. Since I try not to do politics in kortsessions.com I will refrain from comment, other than to say what I see on the political front is very worrisome and that “stupid” (maybe even dangerous) could easily be used as a…
What could really tank this market?
Although the popular reasons continue to be The Fed raising rates (causing us to dip into recession), inflation (putting more pressure on the Fed to ratchet up rates) and trade wars (today’s favorite flavor based on a White House proposal — trial balloon or misstatement on the part of Secretary Mnuchin — to restrict Chinese…
Good news is still bad news and that’s good news!
Since secular bull markets generally end in a hail of good feelings and optimistic media and public pronouncements, it is safe to say we’re not there yet. Take this piece, for example from CNBC contributor Jeff Cox (a.k.a The Bad News Bearer–June 6, 2013): “When earnings look this great, it is actually a really bad…
A New Positive For The Market And Nobody Cares
Peace Breaks Out On The Korean Peninsula After 65 years of an armistice (signed July 27, 1953) the Korean War looks like it maybe heading to its conclusion with a full peace treaty … that is, of course, if the they and the other parties to the armistice, China and the United States, can come…
‘Take your money and run.’
This is a paraphrase of the prime message from an interview with perma-bear, David Tice, on CNBC’s Trading Nation Thursday April 12. Now this is not a new message from Mr. Tice. It has been his message for most of the past three decades. According to one wag Tice has called at least thirty of the last…
Trade Wars, Fed Tightening and The Fine Art of Deflection–YIKES!
With the first salvos being fired in a potential Sino-American trade war, the Fed boosting the funds rate another quarter point (now 1.5% to 1.75%) and the president stirring the pot in what appears to be his own war of deflection, what’s an investor to do? The only winners here seem to be the media…