Wall St. Bailout 2.0 – Ep 549
Another day, another couple trillion dollars in QE. Fed doing everything they can to prevent market forces from raising interest rates to a market clearing level. Sometimes stocks trade on peoples’ e...
18 Mars 202051min
Fed cuts rates to zero, ramps up QE – Ep 548
Fed finally did what I’ve been saying they would for years: cut rates to zero with the biggest point cut in history. Powell afraid to call it QE. There are no atheists in foxholes; there are no free-...
17 Mars 202044min
Bailout spreads nationwide – Ep 547
Dow up almost 2,000 points today; a record point gain, 10th biggest percentage gain, with most larger gains occurring during the bear market of the 1930s. We had a lot of stock market firsts this week...
14 Mars 202049min
Fed’s QE “cure” is fatal to the economy – Ep 546
Market reacted poorly to Trump’s Wednesday night coronavirus address. Today’s historic drop was the biggest since the 1987 crash. Fed’s cure will be worse than coronavirus and fatal for US economy. Q...
13 Mars 202043min
Longest bull market in history officially ends – Ep 545
Longest bull market in US history is officially over and it’s the fastest we’ve ever gone from record highs to a bear market. The same financial anchors who said not to worry about the banks in 2008 ...
12 Mars 202034min
Did fiscal stimulus just prick the bond bubble? – Ep 544
Markets, bitcoin, and the dollar had a Reversal Tuesday fueled by Trump’s promise of massive artificial fiscal stimulus. Trump trying to buy a second term, but with democrats holding stimulus hostage,...
11 Mars 202042min
It’s not the oil, it’s the debt – Ep 543
Oil war that began today will bankrupt many US companies. 60% of stocks in Russell 2000 are lower now than when Donald “the stock market president” Trump took office. Financials continue to get clobb...
10 Mars 202039min
Financial conditions are rapidly deteriorating – Ep 542
Week closes out with another big drop in the markets. Nasdaq and Russell 2000 hit new lows. Russell 2000 on-track to have lost value during Trump’s four years in office. Oil prices are plunging, whic...
7 Mars 202033min
