Market Shorts 7.15.19

Fed Chairman Jerome Powell strongly hints a rate cut is coming Source: CNN “Federal Reserve Chairman Jerome Powell on Wednesday strongly hinted at a potential rate cut later this month, citing unresolved trade tensions and worries over the weakness of the global...

The Devil’s Bargain in Using Monetary Policy to Prevent Recessions

The history of boom and bust cycles in the US has shown that the Federal Reserve has played a central role in engineering the entire process.   The Fed is adept at using cheap credit, what we call “dark money,” to inflate financial bubbles under the banner of economic...

Market Shorts 7.7.19

It Wasn’t All Great News: Multiple Jobholders Soar To Record High Source: Zerohedge While the headline payrolls number was stellar, coming in higher than even the most optimistic Wall Street forecast, one aspect of today’s jobs report that will likely...

Technical Swing Trading Spotlight – Four Opportunities in MJ

It’s not uncommon to see one pattern that packs a number of different and sometimes incompatible interpretations. Sometimes these incompatibilities have to do with direction–long or short–and sometimes with regard to entry and exit points.    But as...

The Staggering Rise in Gold Signals Dark Times Ahead

  Last Monday, gold reached a high of 1,442.90, breaking above its 6-year high of 1,434. A traditional safe haven, gold took a sharp and parabolic turn once the Federal Reserve announced that it may be open to slashing interest rates once again.    Should rates fall,...