So……..is that it? Is the all-clear siren wailing? Has the third missile scare come and gone without a trace? Figures. Anyway, I’m typing this before the open, and it’s dullsville again. Equity markets are somewhat positive, and crude continues to have the jitters as Irma roars through the Caribbean. My main focus is on the […]

Ok, Goldman is out on Wednesday with a visual update on their outlook for stocks and it comes complete with their breakdown of the “phases” the rally has gone through on the way to record highs. This is always amusing because depending on the timestamp you choose for the start of the second “phase” (or […]

Geopolitical tensions intensified after North Korea conducted its sixth and most powerful nuclear test on Sunday, detonating what it said was a hydrogen bomb meant for an intercontinental ballistic missile. The United States warned it could launch a “massive” military response if it or its allies were threatened. Most of the Stock Markets in the […]

In July 1865, the famous newspaper editor (and presidential candidate) Horace Greeley popularized the saying “Go West, young man.” Today, the message might be rephrased with a new frontier in mind: Go cyber, young man and woman. Greeley’s message was aimed at the thousands of Civil War veterans who, with the conflict just ended, needed a […]

Physical gold is “the true currency of the last resort” – Goldman Sachs “Gold is a good hedge against geopolitical risks when the event leads to a debasement of the dollar”  Trump and Washington risk bigger driver of gold than risks such as North Korea Recent events such as N. Korea only explain fraction of […]