2016 Predictions

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It is the end of 2015 and we have been in for a wild ride, driven by Fed interventionism and uncertainty. The Fed raised rates to the upper end of their 0 – .25 years long ZERO rate policy. However, the 25bps raise had little effect on bonds or the market in general, yet it Read more…

Europe offers breathing room?

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While I have been adamant that the Fed will NOT raise rates in December, one thing has changed my mind as it comes back to my CORE focus on the dollar and dis-inflationary pressure. We must remember at the end of the day it is the dollar and inflation/deflation that drives everything, even ultimately the Read more…

Fed Reliance

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I hope everyone had an excellent Thanksgiving and enjoyed their holiday shopping. The market has been moving in fits and starts. The data has certainly been mixed, from weak holiday sales and the recent better than expected Labor Report. However, nothing has been horrible and unbelievably good. It has been mediocre at best. The biggest Read more…