by irdadmin | Mar 11, 2016 | Financial Markets, Market Manipulation, U.S. Economy
Like everything else in our financial system, applying the term “bull market” to the stock market is a fraud. It hasn’t really been a bull market it’s been more like a b.s. market…what’s going to happen to this stock market is going...
by irdadmin | Mar 9, 2016 | Financial Markets, Market Manipulation, U.S. Economy
A reader contacted me earlier today after seeing the absurd article on the Wall Street Journal heralding in the “7-year bull market” in stocks: Absolutely amazing they can put out crap like this: “Still, with GDP growth expected to be 2.3% this year,...
by irdadmin | Mar 3, 2016 | Financial Markets, Market Manipulation, U.S. Economy
I have no idea who is throwing cash into this highly overvalued stock market to push it higher right now. Any registered financial advisors or pension managers who are buying into this stock market right now are in serious breach of their legal fiduciary duty. While...
by irdadmin | Feb 29, 2016 | Financial Markets, Gold, Housing Market, Precious Metals, U.S. Economy
To be sure, oil executives are not alone in feeling the pain. Many blue collar jobs in oilfield equipment production have disappeared. So have thousands of middle management jobs in oil exploration and production. A regular Uber customer is likely at some point to...
by irdadmin | Feb 1, 2016 | Financial Markets, U.S. Economy
Toward the end of last week, when the S&P jumped 58 points (3%) for the week, 46 on Friday alone. The negative interest rate announcement by the Bank of Japan triggered the move on Friday. Earlier in the week the bottom-callers in oil were on their megaphone...