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How Long Can Fed Keep The Stock Market Propped Up?

by irdadmin | Feb 8, 2018 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

Is the Stock Market Rigged? Paul Craig Roberts, Dave Kranzler, and Michael Hudson On February 6 PCR asked if the Plunge Protection Team had stepped in and prevented a stock market correction by purchasing equity index futures....

Who Could’ve Seen This Coming?

by irdadmin | Feb 6, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

Yesterday was amusing.  The meat with mouths on the so-called financial networks were crying, “how could this have happened.”  Funny thing, that.  They don’t raise the slightest doubt of conviction when the Dow soars 2,676 points in less than two...

Amazon’s Shock And Awe Earnings

by irdadmin | Feb 2, 2018 | Financial Markets, Market Manipulation, U.S. Economy

Yesterday ahead of earnings, AMZN’s stock dropped $60, with $30 of that drop occurring in the last hour of trading.   It’s almost as if market-makers, with their customary preview of the impending AMZN headline EPS report in hand,  intentionally took the...

A Hawkish Fed? Hardly

by irdadmin | Jan 31, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

The Fed’s tightening plan sounds like my fat buddy’s diet plan at my workplace. He still scarfs down his usual 2 Big Macs a day (sometimes 3), but has lately taken to washing it down with a diet Coke instead of a regular Coke. “Gotta watch my weight”, he recently told...

Is Tesla Drowning In Liabilities?

by irdadmin | Jan 30, 2018 | Financial Markets, Market Manipulation, U.S. Economy

Tesla must be burning cash a lot more quickly than the rate at which its operations were burning cash in the first 9 months of 2017.  Through the first three quarters, TSLA had incinerated $570 million, or roughly $2 million per day.  Its Model 3 sales are...
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