An Important Gloom and Doom PSA….
It’s said that there’s no such thing as a quadruple bottom in finance. That’s terrifying as TLT (yeah, we know only retail track it…) looks to be teasing a 4th bottom. We’re increasingly of the view that TLT fails. When that happens, we really don’t know WTF happens. Just think about all the things that…
Trump 2.0
Turning to the markets, the secret to successful investing is the art of having strong views, loosely held. For the better part of our careers, we’ve been bearish bonds. “Project Zimbabwe” and all that jazz. However, we’re open to other views… Over the past month, we have been astounded by the progress made by Trump,…
More Bear Porn…
Once you look at this chart, you simply cannot unsee it. Our good friend, Kevin “The Macro Tourist” Muir sent this to us during the Wednesday Fed smash. It accurately predicted the subsequent ripper on Friday. If it goes to analog, it likely continues for a few days, then death. Kevin has been harping on…
EMs Take the Spotlight
JPOW pulled the trigger on re-engaging Project Zimbabwe. We’ve been banging the table on the peasants getting carved up, hence our de-grossing, but we were a bit surprised on how trigger happy he was with equity markets clipping highs. Just goes to show how bad the FED is fuct. I tweeted this out earlier…
September 22, 2024, Vol. 194
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Just Don’t Yell Fire…
We thought it would be a good idea to bring in some thoughts from our fellow KEDM’ers. First up on our list is Erik over at YWR (we subscribe and urge you too as well). You may remember Erik from our Project Zimbabwe Happy Hour back in 2023. Erik is an ex-Passport Capital (John Burbank)…
July 14, 2024, Vol. 184
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Happy Hour with Doug Casey on “Crisis Investing”
Shifting topics, I had a blast catching up with Doug on Friday. Given what is happening in the gold markets we couldn’t have timed this one any better. As we typically do for Happy Hours, we jotted down some notes for those that were unable to join live. The replay will be available next week,…