Category Archives: Government

Out of the Way

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As usual, Fed Day gave us quite a ride. The big news was that our friends at the FOMC plan to give us another 3 rate hikes this year instead of 4. Guess how many Fed meetings there are with accompanying press conferences left this year? Three. How about that.

My stomach went into a knot the moment the news came out, because everything – – EVERYTHING – – went against me big time. It didn’t last though. Just imagine how many people were short the utilities and got stopped out, all because of a stupid, multi-second Fed spike.

XLUS (more…)


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Well, the world seems to be treating it as a huge surprise that Gary Cohn is ditching the White House, even though he’s been dropping broad hints about it for a while now. Sadly, the marvelous plunge we saw instantly when trading opened Tuesday night has been cut about in half. The markets are still down, sure, but not nearly as much as before.

SAW (more…)

US Government Shutdown Looms on February 9th as World Market “SELL” Signal is Triggered

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Another U.S. government shutdown looms this week on February 9th.

Will it…won’t it? That’s the $64,000 question as more volatility is in store for markets.

Given the fact that there are great political divides over a variety of policies, increased volatility in the markets, and, now, the information that’s being revealed that may determine whether or not civil and/or constitutional rights were violated in the months leading up to and after the 2016 presidential election (and any political and/or legal fallout that may occur), will only add to the increased odds of chaos ahead, making future events less predictable. (more…)

Shut Happens

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Well, it seems that our oh-so-useful, oh-so-effective Federal Government is out of money. Well, it’s massively insolvent already, but what I’m saying is that their pretend accounting has reached a point where they can’t spend any more FakeBux to keep the lights on. So about a million non-essential workers get furloughed (which begs the question – – why should they even have jobs at ALL if they aren’t essential?)

Anyhoo, don’t distress. This things typically don’t last that long.