Greece is a Sideshow. U.S. is the Main Event – Ep.89
* It looks like there is going to be some kind of deal to avoid the "Grexit" * Greek's exit would be great for Europe, but it would not be politically attractive for either side * As long as Greece ...
23 Juni 201513min
Yellen Almost Admits Fed Not Ready to Raise Rates
* Today was the expected day for expected rate hikes, indicating economic "lift-off" * The June rate hike is off the table and everyone is focusing attention on September * The prepared remarks are ...
18 Juni 201519min
Wall Street Begins to Question Fed’s Narrative – Ep. 88
* Dow under pressure on the back of EU talks with Greece * There is a lot of room for the market to decline pending the Fed's announcements * The consensus is that rates will hike September or later...
15 Juni 201520min
Con Job Report – Ep. 87
* Once again, a week of worse than expected economic data punctuated by another better than expected non-farm payroll report from the government * ADP private sector payroll report was slightly below...
6 Juni 201530min
Markets Still Fooled as Fed Plays “Let’s Pretend” – Ep. 86
* Short week closed with some horribly bad news * People are not paying attention to the data; they are paying attention to the Fed * Government released revision to the GDP: -.7 * The assumption o...
30 Maj 201518min
Currency Traders Still Buying Rate Hike Rhetoric – Ep. 85
* The U.S. dollar started out this morning on the defensive * Government released CPI numbers generated a sharp reversal across the board * Gold sold off, but closed slightly down against the dollar...
23 Maj 201524min
The Fix Is In. Government to Rig GDP Again. – Ep. 84
* Earlier today latest FOMC minutes released * Once again the weather is blamed for missed expectations, pretending the economy is better than it is * Now the Fed dismiss numbers as inaccurate, becaus...
21 Maj 201527min
Fewer Hires Means Fewer Fires – Ep. 83
* S&P responds to bad news with new high; DJ just barely off record high * Dollar continues to fall * The currency traders still have not accepted the significance of bad news * Lower dollar will b...
17 Maj 201520min
