Economics Can’t Be Tested In A Vacuum
The economy is one of the most complex systems that exists in the world. Perhaps even the most complex system. I like to think of the monetary system like a car. There are very specific institutional structures that act as certain parts of this system and in a vacuum that car or system will do […]
Precious Metals Report – March 18, 2016
Ira Epstein leads us through the day’s precious metal highlights. (Video length 00:06:26)
Oculus Innovative Sciences Announces Pricing Of $3.4 Million Underwritten Public Offering
PETALUMA, Calif., March 18, 2016 (GLOBE NEWSWIRE) — Oculus Innovative Sciences, Inc. (NASDAQ: Common Stock – OCLS, Warrants – OCLSW) today announced the pricing of an underwritten public offering of 3,400,000 units, consisting of 3,400,000 shares of common stock, and warrants to purchase an aggregate of 850,000 shares of common stock, at an offering price […]
SP 500 And NDX Futures Daily Charts – Option Expiration
The downside from this current US election season, besides being faced with some more repugnant choices than usual, is that the blatant hypocrisy and corruption of our ruling elite is exposed for all to see. I wonder if this will be an historic moment when both of the leading candidates are facing prosecution. Trump for […]
6 Stocks Leading The Dow Back To Green In 2016
The Dow turned positive in the year-to-date frame to erase losses incurred since the start of 2016 after five consecutive sessions of gains. After hitting a two-year low on Feb 11, the blue-chip index gained 9.4%, mostly led by a strong rally in oil prices and a gradual reduction in recession fears following encouraging economic […]
Well That Didn’t Work
The Bank of Japan and European Central Bank eased recently, which is to say they stepped up their bond buying and/or pushed interest rates further into negative territory. These kinds of things are proxies for currency devaluation in the sense that money printing and lower interest rates generally cause the offending country’s currency to be […]
The Economic Recovery: A Myth Built Upon A Myth
No matter how much data you point to showing the health of the US economy isn’t as good as advertised, you will inevitably hear the refrain, “But look at the jobs numbers!” Just the other day, Peter Schiff appeared on Fox Business and said the US economy is likely already in recession. Peter repeated his prediction that the Fed […]
Chicago Public School System Threatens Massive Tax Hikes Via “Backdoor” Bond Guarantee
The Chicago Public School (CPS) system is bankrupt in every way but the final declaration. That declaration is a foregone conclusion, and bondholders will take it on the chin. CPS Treasurer Jennie Huang Bennett disagrees with my assessment. So does Matt Fabian, a partner at Concord, Mass.-based Municipal Market Analytics. For her part, Bennett explained […]
Identifying The Long Term Trend
As most of you know, I believe the market is currently in a long term down trend. However, I’m starting to see things that put the bear market in doubt… which should be a really good sign that we’re still in a down trend — because bear market rallies create enough doubt to suck people […]
