Business Loan Delinquencies Spike

How the Market Really Works

Simple! The Fed now dominates -- even controls -- the market!

Another Sign of Stagflation

 On Marketwatch this morning:

Low wages combined with high rents. Let's try a little math:

high rent + stagnating wages = stagflation

Industrial Production Stuck In a Slump... Even As Inflation Rises... And Wages Slide!!

This spells S-T-A-G-F-L-A-T-I-O-N to me!

But the central bankers are doing everything they can to increase inflation to meet their inflation GOAL! Yes, the Fed has an inflation GOAL! (They then doctor the inflation data to understate the actual inflation!)

Even as wages slumped! Janet Yellen is going for a repeat of the stagflation her university mentor created during the Kennedy years. The worst of all worlds!

Recession Lurks? A Word to the Wise...

Key indicators, especially the leading ones, have been flashing red for the past year. This headline today was on Marketwatch:

But that can't be! The Dow was up 175 points yesterday!
Suffice it to say... a word to the wise is sufficient!