August Correction?

Category: Newsletter, Speculator, Stock Market | No Comments

Our June outlook was for continued gains throughout July until the Federal Open Market Committee (FOMC) meeting July 30th when a rate cut would be announced. With the market fixation on the Bullish high odds prospect of a Fed Funds rate cut to 2.25 percent, there were no news events…

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The Empire Falls: Economy Stumbles

Category: Newsletter, Speculator, US Economy | No Comments

Since 2001 the New York Federal Reserve has compiled a manufacturing survey of the NY Empire State. It moves in step with most other Fed district surveys and provides a good measure of the industrial sector.  After rising from a near recessionary collapse in early 2016 to historic growth and optimism in 2017 and 2018, the Empire…

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Window of War Opening with Iran

Category: Newsletter, Oil, Speculator | No Comments

When Trump offers an Olive branch saying “Let’s Make Iran Great Again”, he means “Let’s Make Iran Weak Again”, unless Iran makes a Sisyphean deal bowing to Trump’s wishes.  Even as a candidate it was clear this President would not allow Iran to dominate the Middle East, foment terror or advance its nuclear…

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