200 Years of US Interest Rates
The lending markets are truly remarkable. Sometimes we have to scratch splash our face with cold water to make sure we are not dreaming. Interest rates have never been lower…
REGN: Regeneron… Did the Government Just Declare the Winner?
President Trump, along with the First Lady, were just diagnosed with the Coronavirus. At this stage of the game, the press says that they went to Walter Reed National Military…
AMD: Advanced Micro Devices, Is the Trend your Friend?
Advanced Micro Devices, Inc. is a company that spent most of its existence on a respirator. Intel was a far more profitable company, and they invested a substantial portion of…
MU: Micron Technologies, Get Small to Go Big
Micron Technologies (MU) is a company that most of us do not know, but everyone one of us comes in contact with every day. Micron makes memory chips that sit…
GLD: Time to Buy the Dip?
Gold is at an exciting juncture. We see from the attached chart that the Fed is trying to drive a bit of inflation. That is another way of saying, destroy…
The Week Ahead | 09/28/2020
Happy Monday. Good Luck out there this week. Global Spotlight EU-U.K. talks to resume. Free trade negotiations between the European Union will resume on Sept. 28, just two days before the…
Inflation: Its Effects and Failures or Why the Fed Always Inflates and Inflates More
Ludwig von Mises Inflationism is that policy which by increasing the quantity of money or credit seeks to raise money prices and money wages or seeks to counteract a decline…
NKE: Continuing to Run or Ready to Trip & Fall?
Nike is an interesting story at the moment. The share price had been up pretty big before last week's earnings announcement. Revenues came down a smidge year over year, and…
TJX: TJ Max Or TJ Min?
The economic landscape seems to be a winner take all environment ever since the "health scare" got underway. Tech has been a winner as people had to buy equipment and…
HD: Home Depot
There are no big-box retailers that have enjoyed the fruits of the lockdown more than Home Depot. People are trapped in their house with not much to do but work…
SPY: Has the Bear Woken Up?
Today was quite a surprise to bulls. At the same time, it is not quite what the bears were hoping would manifest. This comment might seem like an odd comment…
The Week Ahead | 09/21/2020
As we start the week with few economic indicators to show where the economy is going, many will be asking where the evidence is to support such lofty valuations of…