alex

1. The American saver is getting crushed. The Fed is holding rates down, forcing savers into volatile alternatives. It works, as long as markets keep going up. And markets have bounced back from every crisis since the creation of the Greenspan put. Here's the problem; the Fed can't keep the lid on rates forever. [...]

1. I have determined we have found the symbol of the top of this stock market mania. It's called a non-fungible token (nft). What is it you ask? NFT is mostly a digital file that can be a video, digital photo, really, anything digital. Mind you it can be copied and as we know, [...]

1. Simple reason why The Fed wants to shape the yield curve at all costs: none of them--not a one--has the faintest clue of the importance of price discovery or, for that matter, free markets. They think a committee of a dozen should set the price of capital and assets. Question is: how do [...]

1. Classic signs of a top of a Fed Bubble: 1. Shoe shine boys giving market tips (now parking valets) 2. Relatives calling with stock tips and ideas 3. Crap stocks running up 1000% (Gamestop, AMC, Blackberry) 4. Politicians call for a ban on short sales The list goes on and on… 2. The [...]

1. This is what the all-time great investor, Jeremy Grantham, has to say about today's markets: "The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble. Featuring extreme overvaluation, explosive price increases, frenzied behavior, I believe this event will be recorded as one of the great bubbles of financial [...]

1. The U.S. government spent a RECORD $886,587,000,000 in the first two months of fiscal 2021 (begins Oct. 1st). During the same period, the U.S. government ran a deficit of $429,337,000,000 which represents the second highest deficit the government has run in the first two months of a fiscal year. Modern Monetary Theory is [...]

1. MLB will destroy minor league baseball. MLB will change the most of the system. And it's all based on money. MLB revenue understandably plummeted during covid, but revenue and interest have declined for years. The game of baseball has lost America's youth. The game is too long and too slow. The ball doesn’t [...]

1. Central banks around the globe have managed to make one disaster after another since 2000, and yet for some reason the confidence in their ability to steer us through any economic outcome is resolute. I mean, in other words, it won't be shaken. 2. The World Series ended with a thud. Tampa manager Kevin [...]

1. Peloton: $33 billion market cap $1.83 billion revenue $12 million EBITDA Sells stationary bike with iPad taped to frame Dorel Industries: $326 million market cap $2.64 billion in revenue $125 million EBITDA Sells actual bikes This is "your" stock market. It all comes down to stock sponsorship and a good story. As we learned [...]

1. Our benevolent friends at The Fed has purchased over $ 1 trillion of mortgage securities in 6 months. So at that pace, they will own 100% of the market In a year. This is not normal folks. And it's not a good thing. Markets need to be priced openly and based upon free markets. [...]