Money Supply Hits Post 9/11 Record
Since making a new low on May 17th, the markets have moved appreciably higher. In less than a month, the Nasdaq gained 8.5%, while the...
Chart of the Week: M2 Money Supply
M2 Money Supply has just hit its highest level (M/M annualized increase, seasonally adjusted) since the post September 11th, 2001 period....
China versus US Money Supply
Let’s call this a “tale of 2 different Money Supplies,” told graphically. China’s Money Supply, in raw percentage...
A few Random Items
Random Items • The Story of the Two Things A few years ago, I was chatting with a stranger in a bar. When I told him I was an...
Gasoline (inflation adjusted)
Gasoline, adjusted for inflation, remains relatively cheap. A gallon still costs less than the same amount of Coca-Cola. That, however,...
An Optimistic Pessimist
Barron’s published an Interview with Seth Glickenhaus — a 90 year old curmidgeon who’s a veteran on Wall Street, whose...
Soulless capitalist pigs
Terrific title for a magazine article in Red Herring: Soulless capitalist pigs: “The greed-is-good, savings and loans scandals of...
Bullish (but Overbought short term)
Last week, we described our bullish stance, and how we came to that posture over the past 6 months. We continue to see the market as...
Chart of the Week: NYSE Member Weekly Buy/Sell
In the week ending May 15, NYSE Member Net Buy/Sell numbers hit a new, all-time net buying high (+741,439,000) This number is greater...
Bush & the Reagan Legacy
With the passing of the President Reagan this weekend, expect to see a frenzy of politcal jockeying, with the White House hopes to catch...