This morning we learned that weekly jobless claims came in at just 190,000, another incredibly low reading which backs up a series of economic data from the last 1–2 months that show the economy is actually accelerating, rather than slowing down.
Read MoreThe Jekyll and Hyde that is Fed Chair J Powell made another appearance yesterday, but instead of the ultra-hawisk Powell from the Jackson Hole Wyoming speech of last August (which crashed the markets) we got the sweetheart J Powell that, without question IMO, wanted to see stocks and bonds rise further still.
Read MoreGood Friday morning all and hope you had a great Christmas. Welcome to the final trading day of 2022. We start today's trading with 3 days left in the Santa Claus rally (today and first 2 days of 2023) and roughly 1 month left for the January effect, where history tells us that small caps outperform big cap stocks by a sizable margin, with tax loss selling in small caps the culprit for their year-end weakness.
Read MoreGood Thursday morning all. I’ll be on with our great friend Wayne Allyn Root tonight on the Wayne Root Show at 8:30 PM EST. Listen in on USARadio.com or via Wayne’s site; RootForAmerica.com. We’ll be talking about this (bear) market and the soon to be extreme oversold conditions…
Read MoreGood Thursday morning all. Following last Friday's jobs report the markets moved sharply higher, only to give up all of its gains and then close lower by 1% across the board on concerns that Russia would cut off European gas supplies (which happened).
Read MoreGood Thursday afternoon all. Yesterday's recovery move higher, on the backs of that horrendous CPI report, was intriguing. Yes, each index finished lower but “well” off of their lows as the semis actually finished up nearly 1% with internals that were only slightly negative.
Read MoreGood Thursday morning all. Breaking news from the ADP jobs report this AM which came in at 978,000 jobs created vs estimate of 650,000. I can tell you that there’s some nervousness around the May jobs report that’ll be out tomorrow morning (8:30 AM EST),
Read MoreGood Thursday morning all. Reminder that US markets are closed tomorrow in observance of Independence Day, we hope you have a great holiday. June employment data is out and its another big shocker. 4.8 million jobs were added in June vs the estimate of 2.9 million,
Read MoreHi everyone, Tyler here. As you’ve heard Kip and I talking about on our podcasts, we wanted to put together a simplified document that provides links and info to the CARES Act. I hope this helps in this time of uncertainty, and while we cannot give individual financial advice,
Read MoreGood Friday morning all. December's employment data came in with 145,000 jobs created (slight miss) and unemployment rate of 3.5% (50 yr low). The Trump Economic Miracle continues. If you’ve been with us over the last 2–3 years you know we’ve been ultra bullish on the US economy…
Read MoreGood Friday morning all. Getting a very late start in writing. Updates from mgt on both Cara (CARA) and Vista Gold (VGZ) this AM. First, the September jobs report is out and pretty much in line with expectations. 136,000 jobs created with the unemployment rate down to 3.5%, a 50 year low.
Read More
"Kip's VRA financial newsletter is a MUST read for every saavy investor in this country. Disregard it at your own peril. His mantra is my mantra. Kip Herriage's newsletter is my financial Bible."
--Wayne Allyn Root
2008 Libertarian Vice Presidential candidate
Author, "The Conscience of a Libertarian"
Powered by Squarespace.
