Episodes
The Biden Administration And The Supply Chain.
In a week and a half, the first 100 days of the new Biden Administration will come to an end. The sheer number of new initiatives…
Jamie Diamon: Navigating Between Capitalism and Collectivism.
US Bankers are among the most adaptive and flexible businessmen and women in the world. They have to be, they operate in an ever-…
The Chinese Economy Overheats, While US Remains On Stimulus.
I don't ever recall a time when the world's two largest economies were headed in the opposite direction, as they are now. Yest…
Archegos Capital, Act II Coming Up.
Over night we saw a lot of continuing news on the Archegos Capital Management Scandal. I call it a scandal because there is much …
Archegos Capital And The Constant Focus On Return.
It's been a long time since we've seriously heard someone on Wall Street speak of Capital Preservation. It's really not what peop…
Special Report: The Payroll Numbers.
Additionally, many of the government bureaus which produce the economic reports that we rely on are also open this morning. Inclu…
Two Critical Errors In Biden's American Jobs Act.
Yesterday, speaking in Pittsburgh, Pennsylvania President Joe Biden introduced his new American Jobs Act. It was a sunny upbeat p…
Biden's Double Minded Recovery Plan.
Two millennia ago, we were warned to avoid the “double-minded man.” That kind of person is unstable. That it is best to avoid the…
Archegos Capital Management: Overdosed On Leverage.
Such is the way that the Prime Brokers work on Wall Street. They deal with the cream of the crop. The very top of the investment …
How Trade Policy Is Crushing The Stimulus.
The report I'm referring to was the Balance of Trade Report released last Friday. Now, I suppose, that we're all so used to se…
The World Through Chinese Eyes.
Yesterday we saw the first Press Conference of the newly installed President Biden. Biden took no questions on China, and only br…
The Two Sides Of Stimulus: Labor and Profit.
And the timing couldn't be better, because in just a few minutes we will get two reports that will detail the two sides of these …
Biden And Trump: The Two Stimulus Plans.
Today Chairman of the Federal Reserve, Jerome Powell will testify before the House Committee on Financial Services, tomorrow he w…
We Could Pay For 10 Pandemics.
The along came February/March of 2020, and all our lives changed dramatically. The Covid Pandemic struck. Closed shops, social di…
The Fed Offer's "More Punch!"
Last week Chairman of the Federal Reserve, Jerome Powell, held his periodic News Conference following the latest meeting of the F…
At The Equinox, Everything In Balance?
Tomorrow is the Vernal Equinox. Here in the Northern Hemisphere, the beginning of Spring. A time when everything is in balance: t…
We've Found The Epicenter Of Unemployment.
Each Thursday morning, promptly at 8:30 am eastern time, the US Department of Labor dutifully reports the latest numbers on initi…
Jerome Powell In A Tough Spot!
At 2:30 pm this afternoon, Jerome Powell will hold a press conference. It's all part of the regular meeting of the Federal Open M…