Good Thursday morning. In Tuesdays Letter I wrote the following…
“J Powell is the most unpredictable Fed Chair of our times and the root of his unpredictability lies in the fact that he desperately wants to be taken seriously. Powell is highly unpredictable. That’s a dangerous trait in a Fed Chair.
Read MoreGood Friday morning all. “Shock and awe” might be the best way to describe the short covering melt-up yesterday as stocks had their best day since the end of coronavirus insanity.
Read MoreGood Thursday morning all. 1% losses across the board yesterday but we did see an improvement in the internals (most notably in Nasdaq where up/down volume was flat). The markets are in mini-correction mode based primarily on the 3 factors…
Read MoreCARES ACT Phase 4 Negotiations. Setting the Record Straight, With Thanks to Three Men. With congress back in session, negotiations are hot and heavy for Phase 4 of the CARES Act. I remain thunderstruck by the financial assistance that’s been provided to the American people…
Read MoreGood Thursday morning all. I’ll be on with the great Wayne Allyn Root tonight at 8:30 EST. Hope you can join us on either USA Radio or 790talknow.com Not how we want to start our day. Another 3 million filed for first time unemployment, taking the CV total to 36 million. Now, the WHO is out with a new report …
Read MoreNo doubt, many of you played chess growing up. Many of the worlds best investors do. Chess and Risk, those were our games of choice. If you’ve never played a really good chess player, it’s most similar to playing a good poker player…you feel like they’re renting space in your head.
Read MoreGood Thursday morning all. Bit of a pause in US markets yesterday, if you could even call it a pause. Once new all time highs are hit, some consolidation usually takes place. But I don’t expect this pause will last long.
Read MoreIf you had a chance to listen in last night, you know that Wayne and I covered a lot of territory. 2017 has been nothing short of remarkable…alternate universe kind of stuff. The gurus and pundits, once again, got just about everything wrong:
Read MoreGood Wednesday Afternoon all. I'd like to wish everyone in the US a very happy Thanksgiving. Markets are closed tomorrow and open for just a 1/2 day on Friday. Yours truly will be back with you first thing Friday morning (at the latest).
Read MoreGood Friday Morning all. A big recovery day in the markets yesterday, with 1% to 1.5% moves higher across the board in the Dow Jones, S&P 500, Nasdaq and Russell 2000. As we’ve covered here often, in powerful equity bull markets like the one we are in today (globally) corrections are short-lived, quickly reversed …
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"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"
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