Trump Slump

Posted on Sunday, August 18th, 2019

We see a stock market that is either in denial or one that fully anticipates that the Federal Reserve is prepared to embark on the next round of QE. It does appear that the Fed will act it is just a matter of when. Will they let the market fall first before they act? That… read more.

Negative Mortgage Rates

Posted on Sunday, August 11th, 2019

The 10 year US Treasury is reaching all time lows while Copper is performing poorly and that, historically, signals lower growth worldwide. As for stocks, remember what we had to say about Apple last week. Apple’s net income is exactly the same as it was 4 years ago, yet due to their extensive buyback,  Apple’s… read more.

Tariffs and Your Next iPhone

Posted on Sunday, August 4th, 2019

Corporations have been falling all over themselves to buy back stock and borrowing billions to do it. If you have read us for some time you know we are not fans of corporate buybacks. They really only enrich the corporate executives as they buy stock with reckless abandon – mostly because the money is not… read more.