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That notion and the diselusion of the cartel are rattling in a way that nobody could predict. Dow going and s p shrinking and on a day when the price of oil fell to a low and then a 17 year low. We have to talk about this. You you know that i have been saying how the market is in crazy town. A place where good news is bad news, and we did have a nice change of this on friday and we rallied. Today however, perhaps the best news that could happen to the consumer aside from the tax cut which your never going to get. A further giant decline in the price of something that we all spend a lot of mone...

Federal reserve officials came up with a need to raise rates. When you see stocks of hivequality Companies Like cummings or macys, and nordstrom tonight joining in with a really hideous report, the last thing you would expect is for a grownup federal governor or president to squawk about the need to when copper is trading at levels not seen in years, when aluminum and iron are plummeting, kind of crazy for people in positions of power to keep talking about how we desperately need to raise Interest Rates, raise them. Its positively counter intuitive. With oil once again about to challenge the 3...

Sinking 6. 5 . Lets take it by the clock. When i got up this morning, the futures, they were down hideously. And you know i get up early. A couple of reasons. Both chinese imports and exports showed chinas decline in Growth Continues to accelerate. Weve now had 13 straight months where chinese imports slumped right in a row. No wonder copper is in free fall. No wonder theres no place to put aluminum and steel. No wonder irons under 40. Nickel, zinc, i cant even look at them. Its just bad over there now as the economy frantically switches to being consumer base. Only one third of the chinese ec...

Money than we are with not losing money. Lets go right to it. First off, the Federal Reserve must change the debilitating narrative its adopted after that first rate hike in december. I understand their job is not to keep the stock market higher. Theyre goal is not to prop it up. Its to balance growth versus inflation in many categories. Ben burnankes fed spoke with one voice. The fed under janet yellen has left the course since that first rate increase to go to a lock step series of hikes. And that change has been accompanied by a cacophony of fed voices rooting for still higher rates or pooh...

Its to balance growth versus inflation in many categories. Ben burnankes fed spoke with one voice. The fed under janet yellen has left the course since that first rate increase to go to a lock step series of hikes. And that change has been accompanied by a cacophony of fed voices rooting for still higher rates or poohpoohing them. You figure it out, i cant. We have to have some changes here. One, the fed must know its own strength and recognize that when it talks endlessly about hikes, its freezing the Business World and creating tremendous uncertainty because people think, how can that possib...