I agree about owning TIPS--no point if the government continues to lie and say inflation is "elevated" at 4%. In reality inflation is around 7-10%. Ask anyone on the street and they will tell you prices have gone sky high. But it seems that Chairman Ben is the last guy to know it.
Everything You Wanted To Know About This Week's Market (But Were Afraid To Look At Too Closely) [View article]
Great article. I am glad to read that I am not the only person who believes that the US is entering a prolonged period of stagflation. The Fed governors say it will never happen along with the market pundits. They say that there is no inflation because housing prices are declining. They even claim that the US is experiencing deflation. LOL!! Accoring to the fake government numbers, gasoline prices actually declined in April even though April gasoline futures went from 3.26 to 3.49. The worst part is that the market seems to believe the government numbers.
Wednesday Outlook: The Bad News Is the Good News [View article]
As always, thanks David for the charts. I find them really useful. I also appreciate your remarks.
ps. I am so sick of these dollar bulls saying that the dollar has finally bottomed. Everytime the dollar ticks down I have to hear that we have finally hit a bottom and it is all up from here. LOL! Next stop for euro/dollar 1.65. You have to hadn it to Trichet about holding the line on interest rates and trying to stop inflation.
Friday Outlook: Resumed Stability? [View article]
Everything You Wanted To Know About This Week's Market (But Were Afraid To Look At Too Closely) [View article]
Wednesday Outlook: The Bad News Is the Good News [View article]
ps. I am so sick of these dollar bulls saying that the dollar has finally bottomed. Everytime the dollar ticks down I have to hear that we have finally hit a bottom and it is all up from here. LOL! Next stop for euro/dollar 1.65. You have to hadn it to Trichet about holding the line on interest rates and trying to stop inflation.