Thursday saw a sharp rally on Wall Street but the rally had a bearish touch to it while all economic reports released pointed towards a (severe) recession. False hopes, expectations and ignorance will not solve the problems the economy faces.

The majority hopes that the rate-cuts will have the positive economic impact that w

avatar Read More...



This post (sorry it one day lat due to 'third-party problems') reflects on what happened during the trading day and gives the key economic reports a closer look.

Three major benchmarks broke key support levels ( as expected) and further downside should be expected. Unfortunately, the majority of (professional) investors re

avatar Read More...



This post gives a (somewhat long) review of what influenced global equity markets today and gave the economic reports of the day a quick look.

What happened this week was probably a bit too easy to predict but the majority seemed to be surprised which is another reason why false optimism and ignorance will always cause you t

avatar Read More...



Today's trading day was a great finish to a great week and may have marked the end of the bull rally in this young, strong and healthy bear market. Today offered yet another example of ridiculously high earnings expectations, aka ignorance, and how expensive it can be.

Another important economic report released today clearl

avatar Read More...



A quick recap of the past two trading days and the successful completion of the bear mission all week long. The Bank of England and the European Central Bank once again displayed their supremacy in regards to knowledge of the economy and monetary policy which is a contrast to the Federal Reserve.

The BoE and the ECB follow a

avatar Read More...



Equity markets drop when stubborn bullish idiots are presented with more negative economic data. More bad news on the housing sector, more bad news on durable goods orders...

When the King of Economic Idiots takes a breather his best friend will take over and tries to engineer another idiotic idea into a new policy (similar

avatar Read More...



This post gives a very short insight into the European Central Bank, the Bank of England and the U.S. Federal Reserve.

Jean-Claude Trichet (President of the ECB) and Mervyn King (Governor of the BoE) demonstrate their knowledge about the economy and take all necessary steps in order to ensure sustainable future long-term eco

avatar Read More...