Submitted by Mike Shedlock via MishTalk.com,
Here are two different looks at Fed rate hikes since Volcker. The charts are the same, but one presentation is a lot funnier than the other.
the above image from the New York Times article A History of Fed Leaders and Interest Rates.
Here’s an alternative view courtesy of @HedgeEye.
Let’s take the fist chart and see what correlations exist between rate hikes and the US dollar index.
Rate Hike Cycle vs. the US Dollar
By EconMatters
We discuss the wonderful shorting opportunities there are in Financial Markets right now in this video. There are a lot of Market Dislocations right now, many stocks are set up for massive repricings over the weaker investment months of the year.
https://www.youtube.com/watch?v=YYQLy6cD9sk
Submitted by Simon Black via SovereignMan.com,
On May 23, 1719, one of the greatest financial bubbles in the history of the world kicked off when the Compagnie Perpetuelle des Indes was granted a monopoly by the French monarchy over all the trading rights of all French colonies worldwide.
The company’s stock price quickly soared, from 300 livres per share to more than 1,000 just a few months later.
It was quite a jump. But the enthusiasm continued for more than 18-months.
The Banks Will Not Be Denied Franchises and are Buying Into Exchanges
written by Soren K. for MarketSlant
Authored by Bonner & Partners Bill Bonner, annotated by Acting-Man's Pater Tenebrarum,
Exterminating Angel
Amid all the sound and fury of the Trump news cycle, hardly anyone noticed. There is a specter haunting this economy. It is the specter of inflation…
See, if you want to whip inflation now, you don’t need to do any of the really difficult things, such as printing less money… or God forbid, return to honest, market-chosen money (shudder!). All you need is intelligent nutrition!