TRADE WAR Seals Bull’s Fate

Today the Trump administration enacted steel and aluminum tariffs against a majority of the countries in the world including Mexico, Canada, Japan, China and the European Union.  The 10% tariff on aluminum and 25% tariff on steel becomes effective at midnight on June...

Turkey should not be discounted

The turmoil in Turkey increases the odds for the global stock markets to be much lower by the end of 2018.  This week Turkey’s currency, its Lira declined by as much as 9% and fell to all-time lows versus the US Dollar, Japanese Yen and the Euro.   What has happened...

Near Term Market Prognosis 04/13/18

By overcoming a flurry of negative news stories since the beginning of April 2018, the market is sending a message to investors that it clearly wants to move higher over the near term.  The recent negative news stories that caused significant declines which the market...