The Coronavirus Relief Package is signed into law. But it should come with a warning label.
Fed Goes QE Infinity, Gold Explodes
It was only a matter of time…
Calling All Helicopters
Rev up the virtual printing presses.
It’s Not Just Coronavirus
Coronavirus is the catalyst, not the cause, of the current financial crisis.
Treasury Yield Curve Slope Turns Positive
The yield curve fully uninverts.
Black Monday
Another Black Monday.
4, 3, 2, 1 … Deflation!
2008 Redux?
A Bear Market Does Not Start At 20% Down
No, stocks are not on the verge of entering a bear market.
Treasuries Skyrocket
Are you diversified?
The Coronavirus Crash
Some thoughts on the financial implications of the coronavirus plague.
Bad Breadth
Observations of narrowing stock leadership may already be obsolete.
Treasury Bond Prices Approach Record Levels
Will last year’s record bond prices be broken?
It’s Not Coronavirus
Beware pat answers from the financial news media.
Commodities & NonUS Stocks
More about navigating the 2020s.
Are Bonds Even More Overvalued Than Stocks?
More about navigating the 2020s.
Okay, So What Do I Do Now?
More about navigating the 2020s.
Outlook for the 2020s
Handicapping the financial markets for the decade.
Major Trend Review
A review of current major market trends and outlook for the 2020s.
Treasury Market Turns Upside Down
The yield curve inverts from end to end.
Tariffs and Comparative Advantage
Has the free trade paradigm overlooked something?
If I Were Fed Chairman
Towards A New Monetary Paradigm
Why Dividends?
Why do most stocks pay dividends, and why do investors want them?
Yield Curve Slumps
Dark omens from the bond market.
Stock Bear, Bond Bull, Continue
Long term trends remain stable as short term trends gyrate.
The Fed and the Stock Market
The Fed is once again sowing the seeds of crisis.
Is the Santa Claus Rally Over?
The stock market rally that began on Christmas looks endangered.
Buy 2019 Stocks at 2011 Prices
Buy stocks in 2019 at 2011 prices? It’s possible!
Brexit
Britain depends on Brexit for its survival as a nation.
Outlook 2019
The Financology markets outlook for 2019 and beyond.
Is the Fed Ignoring the Markets?
Financial punditry has been crying that the Fed is ignoring the markets. Financology disagrees.
Volatile Or Just Plain Down?
Volatility during this selloff has been uncharacteristically low.
The Fed Moves
Powell stands up to pressure.
A Fed Policy Mistake?
I don’t like tutti frutti ice cream. Tutti frutti ice cream is therefore a mistake.
How Will the December 2019 FOMC Decision Impact Markets?
This month’s FOMC meeting will be the most closely watched in a long time.
The Crash of 2018 Gets a Second Wind
An update on the bear market in stocks.
A Bull Market Is Born
There’s always a bull market somewhere!
Why Can’t the Economy Handle Normal Interest Rates?
The lower interest rates go and the longer they are there, the more the addict needs them.
Santa Claus Speaks
Fed Chairman Jay Powell delivers stocks a hearty ho-ho-ho.
Deflation
What causes deflation? Can inflation targeting prevent it?
Clarida vs Powell
So … are rates a long way from neutral or nearly there?