Feeling the BERN?

Posted on Sunday, January 26th, 2020

The Federal Reserve is keeping its foot on the pedal and continues to add liquidity to the system helping to drive asset prices higher. The Fed is caught in a regime that politically dictates a push for higher inflation and Fed policies to that effect create higher asset prices. Not that anyone is complaining. We… read more.

The Odds

Posted on Sunday, January 19th, 2020

CNN’s Fear and Greed Index still sits at elevated levels.  That index now sits at 89% showing extreme levels of greed. Remember, we take the stairs up in the market and the elevator down. In our last blog of 2019 we said that Greed lasts longer than fear and greed may very well continue into… read more.

Extreme Greed

Posted on Sunday, December 29th, 2019

It’s been a good deal of fun watching our clients’ account values go up and up these last few months. Why is the market rallying week after week? The problems in the REPO market approaching year end have the Federal Reserve back in the Quantitative Easing business. If terms like REPO and QE have your… read more.