Monthly Archives: September 2015

September 22, 2015

September 22, 2015 What Does The Fed Know That We Don’t? This was a pretty standard response in the old days, before all this Fed transparency stuff. We used to watch overnight market rates to discern if the Fed even … Continue reading

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September 17, 2015

September 17, 2015 The FOMC held steady, leaving rates alone… but, in the Q & A, Janet Yellen continues to anticipate a rate increase by the end of the year! This is an important statement, and you see the market … Continue reading

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September 15, 2015

September 15, 2015 Damned If You Do, Damned If You Don’t There are times when the Fed is truly stuck between a rock and a hard place. This is one of those times. The odds of a rate increase are … Continue reading

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September 8, 2015

September 8, 2015 Focus is on the Fed Today’s market bounce is gratis China. Over the past several weeks, since China devalued its currency, we’ve said that this is an economy, market, and currency manipulated by the government. If Trump … Continue reading

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September 3, 2015

September 3, 2015 Time To Base-build Last week’s review suggested watching the Euro and the Yen to assess if the unwinding of the carry-trade was indeed over between Monday’s and Wednesday’s declines. We have seen the currencies return to a … Continue reading

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August 27, 2015

August 27, 2015 The Carry Trade Is Over In my conclusion to Monday, August 24, 2015 report (see archive), we drew this conclusion: “As for stocks, if you have dry powder, use some here, down 480. Save some for tomorrow … Continue reading

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