The 70’s?

Posted on Sunday, March 19th, 2023

My daughter came to visit this week. We were talking about the economy, and I said that the recession -given the unfolding banking crisis – was now on its way. She looked at me and said “You mean this wasn’t the recession? It gets worse?” Unfortunately. Diane laughed when I told my daughter that this… read more.

The Tide

Posted on Sunday, March 12th, 2023

We slept in this morning. The rain tapping on the window kept us in bed longer than usual. I was also exhausted after playing 18 holes of golf yesterday. Kind of sad that I could be so tired after just playing golf, but it is what it is. We did manage to come in 3rd… read more.

Liquid

Posted on Sunday, March 5th, 2023

Why won’t this market go down? Technical analysis and options positioning have been overriding fundamentals. Why? Central banks around the world have been adding liquidity. China, Japan, Europe, and the US have been adding liquidity! Yes I know we have all been talking about QT and the US draining liquidity. The debt ceiling debate changed… read more.