SliderOnTheBlack.com

What happened to the Ben Bernanke who just weeks ago, seized the “strong dollar” gauntlet from the Treasury Department, and led both Hank Paulson, and President George W. Bush in calling for a stronger dollar?
What happened to “that” Ben Bernanke?
Here’s all we got out of Ben Bernanke in today’s Fed meeting….
 
– No leadership.
– No guidance.
– And [...]

[Read more →]

What a week for the markets. It all started when Ben Bernanke broke tradition and talked up the U.S. Dollar, a job usually reserved for the Treasury Secretary…
“We are attentive to the implications of changes in the value of the dollar for inflation and inflation expectations. The Fed’s commitment to price stability and maximum employment [...]

[Read more →]

There are coincidental indicators for trading, and there are incidental indicators. Knowing the difference between causation and correlation is where the real value in charts and technical analysis is found.
Traders are wondering what to make of this recent volatility in gold? They ask - “why is gold correcting with oil at record highs, and inflation [...]

[Read more →]

It is said that your life will be most impacted by the people you meet, and the books you read. On that note, given all that is happening in the markets and in the world, I think it’s appropriate to revisit Ayn Rand’s classic - Atlas Shrugged. Published over 50 years ago in 1957, Atlas [...]

[Read more →]

The Fed just wasted a rate cut yesterday. A “hold” would have been more positively accepted by the market, would have let more speculative air out of oil prices, and would be one less rate hike they need to do later.
But, the larger problem with the U.S. Central Bank is their dual mandate.
You can’t have [...]

[Read more →]