Can they Strip People of the Nobel Prize? Wait…Not sure, but they can strip titles. James Watson: Scientist loses titles after claims over race James Watson famously lost lost his titles for stupid, unscientific statements. Watson shared the Nobel in 1962 with Maurice Wilkins and Francis Crick for their 1953 discovery of the DNA’s double…
Below, the price of Crude Oil rallies hard and the Ten Year futures contract moves slowly lower (yield higher). Crude Oil Ten Year Futures Analyzing the relationship can inform much about the current cycle. Of course, Crude Oil was demolished during the height of the pandemic and the lockdowns. From there, it has steadily rallied.…
The monster, Zirpenstein, has continued to grow. The headline that is the most significant and is the greatest fundamental (mentioned in “Technicals Inform the Fundamentals: QE4ever?”) is not mentioned by the financial pundits – WE ARE IN THE ERA OF THE CENTRAL BANK AS CENTRAL PLANNER! (read more in “Don’t Be So Pretendtious!”) Japan has…
We can pretend that what has not had the greatest effect on the economy during the Obama years is ZIRP or zero interest rate policy. We can pretend that the force of Federal Reserve liquidity provisions is a lesser force than the accomplishments of President Obama and Washington politicians throughout this period. We can pretend that Washington…
If only we all had enough money to pour into healthcare stocks to reap the greatest windfall from the Affordable Healthcare Act! A View of the Healthcare Sector Bailout The breathtaking rally we have seen in healthcare stocks RESOUNDINGLY displays that the Affordable Healthcare Act amounts to a bailout of the healthcare sector – a debate that some like to…
When the division of labour has been once thoroughly established, it is but a very small part of a man’s wants which the produce of his own labour can supply. He supplies the far greater part of them by exchanging that surplus part of the produce of his own labour, which is over and above…
Listen to an interview with Billy Lee discussing the financial markets on Commodity Wrap with Alexandra Lively
(There is an old rap song written and performed by Nine in the 1990’s. It was called “The Cypha”. In rap parlance, the cypher is where you find yourself if you are bold enough to freestyle or battle rap. One rapper after another in the “cypher” takes turns attempting to convey rap skill superiority. Follow…
The beginning of another harsh winter in Chicago, more than halfway through what is predicted to be our first full week of sub-freezing temperatures, forced me to recall what Henry David Thoreau wrote about heat and the economy. The major theme of the understanding of the markets that the Mixed Market Artist attempts to provide is probably…
