Zeal: Major Stock Selloff Looms

The latest record highs in the US stock markets have unleashed astounding complacency. Traders are utterly convinced that the past couple years’ massive Fed-fueled rally will continue indefinitely.  But with […]

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Major Stock Selloff Looms

Since early 2013 the US stock markets have done nothing but rally, levitating thanks to the Fed’s oft-implied backstop.  This incredibly unnatural behavior has left sentiment dangerously unbalanced, with hyper-complacency […]

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Something Wicked This Way Comes

The current crazy/frustrating/scary/pick-your-expletive level of instability in today’s market is actually GOOD news. The disconnect between financial asset prices and fundamentals simply must — per the laws of Nature — […]

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Major Stock Selloff Looms

A major selloff is brewing in the lofty US stock markets, which have been grinding sideways for a couple months now.  Momentum has faded despite selective positive earnings-season news and […]

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