There was a tsunami of money coming into city coffers as the Trump tax cut combined with $5 trillion of dollars of government largesse flooded into our bank accounts. Tax revenues skyrocketed to record highs. Governments were floating on air. But the situation is changing. And going to get worse. Cities…

Hawkish Fed Will Stay Tight Longer Than Market Expects Everything is all about inflation. The Fed is in the middle of a tightening cycle because of high inflation. The stock market is rallying due to ideas that the Fed will stop tightening at about 5–5.25% in 2Q2023. Bunk! Instead, the Fed will…

New Commodity Inflation Boosting Commodity Countries Inflation is easing. The global economy is slumping. Why would you buy Canada and Australia? There is a hidden increase in raw material prices that will boost inflation in the coming months. 2022 was a Big Bull in commodities but commodities like gold and…

You can just see them in the audience when I give speeches. They are hanging on every word of mine. They are looking for the Magic Bullet that will hand them money in a wheelbarrow. No, not a wheelbarrow, an armored car. They want another techniques because all the other ones…

I’m proud to announce the release of my latest book, Viewpoints of a Trader. This is the only book on the art and wisdom of trading. I have been trading profitably for over 50 years so I think I have earned the right to say I have some wisdom about…