by irdadmin | Feb 14, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The retail sales report for December – delayed because of the Government shut-down – was released this morning. It showed the largest monthly drop since September 2009. Online sales plunged 3.9%, the steepest drop since November 2008. Not surprisingly,...
by irdadmin | Feb 12, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I get a kick out of these billionaires and centimillionaires, like Kyle Bass yesterday, who appear on financial television to look the viewer in the eye and tell them that economy is booming. Kyle Bass doesn’t expect a mild recession until mid-2020. Hmmm...
by irdadmin | Feb 7, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“Our advice is to own as little exposure U.S. equity exposure as your career risk allows.” – Martin Tarlie, member of portfolio allocation at Grantham, Mayo, Van Otterloo investment management The following is an excerpt from the latest Short...
by irdadmin | Dec 17, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
A couple of my subscribers emailed me expressing frustration over the fact that their recent homebuilder puts are either not moving higher or losing value despite the sell-off in the overall stock market. There’s two factors. First, the homebuilder sector has...
by irdadmin | Dec 6, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
If the “risk on/risk off” stock market meme was absurd, its derivative – the “trade war on/trade war off” meme – is idiotic. Over the last several weeks, the stock market has gyrated around media sound bytes, typically dropped by...
