All Posts Tagged With: "markets"

Investors would have done well to go fishing yesterday. The markets were flat as a mill pond, ending the session more or less where they began.

Today, the market is up nearly 100 points (at the time of writing). Who would have thought Greek Referendum could have such an influence on the Aussie market?

But as we’ve said many times before, such market volatility is not a sign of strength – it’s a sign of extreme fragility.

Markets will react to the fundamental problem – no matter what the pundits and politicos say. They will mark down asset prices in the debt-burdened economies… The Great Correction is at work.

Many analysts regard everything beyond the price data as noise. You never know whose ideas or whose explanation or whose predictions are correct, they say. All you really know for sure is the price.

The future of the U.S. dollar looks terrible, yet the dollar is rising at a record-setting pace. And depletion is causing oil output in some areas to…well, fall off a cliff, if I may use that phrase. Energy and commodity stocks are tumbling like buffalo in the olden days of Alberta. Let’s start with the U.S. dollar. It’s strengthening on world markets, but why? Is there some sort of good news about the U.S. economy we’ve missed? Is the U.S. tax code suddenly more capital friendly?