Federal gov't is now running an $18 bln surplus for January, sucking income and savings from the economy.
Read More »Market reverses higher in a wild day.
Very oversold markets will bounce, but conditions are not there for a sustained rally.
Read More »Ngannou or Gane?
Who you got tonight?
Read More »It’s over…
Federal government running a surplus. Stagnation now.
Read More »Has a major crash begun?
Investors panic over taper and rate hikes, but other factors suggest the economy will weather the storm and be okay.
Read More »Alert. Federal budget is near surplus. This is not good!
A $3T deficit has rapidly shrunk to a near surplus, and with it, the financial balances of the non-government are being drained rapidly.
Read More »Bank analyst’s spectacularly dumb comments on the Fed.
Dick Bove takes the cake on this one. He even makes Schiff look smart.
Read More »Banks going contrarian. They’ve been big buyers of Treasuries.
While everyone has been selling, banks have been stepping up and buying Treasuries in a big way.
Read More »JPM gets slammed on the outlook
Investors dumped JPM stock today on a weaker outlook. Was this a good move?
Read More »War in Ukraine just got closer.
The failure of US-Russia-NATO talks increases the probability of war in Ukraine. This would be highly disruptive to markets.
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