I’m going to go down the road of analogy here, for there’s really not much to say pertaining to “insight” or anything else for that matter, other than amazement. Let me explain.. The year is 1973 and the zeitgeist of my late spring was watching the Kentucky Derby. My family was involved in the horse…
The other day I wrote the following in a note regarding the Federal Reserve and its political bias as I see them and Mr. Powell’s public defense of why it’s not what I portend. To wit: “The issue that this also creates for the Fed is that with nearly every other central bank around the…
I hadn’t sat at my desk 10 minutes this morning (Monday) when a note appeared asking “So, what do you think about the markets now? They’re screaming higher. Crisis solved?” For those that want to know my response, here you go… Me: Solved? May be, but just remember what I cautioned a few days ago…
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