Bill Poulos
Jerome Powell Holds America’s Future in His Hands
A pair of record highs and a strong showing from the tech sector.
In other words, it’s another ordinary trading day in the coronavirus-rally.
The S&P...
Bankruptcies Are on the Rise, Here’s Why That Matters
American lives or the economy.
If you had to pick one, which would it be?
Most folks – even the most greedy, mustache-twisting 1%’ers – would...
Why the July FOMC Minutes Are So Damaging to Bulls
Jobless claims are up, and stocks are down. That’s the story this morning as bulls cheer on the major indexes near their all-time highs.
Spoiling...
Gold Liquidity Is Plunging, Here’s What Comes Next
After getting crunched last week, precious metals are rising once more. Gold is doing especially well in that regard following Warren Buffett’s investment in...
Is the Market Going to Crash Again? It Could If Congress...
Stocks are trading flat this morning as investors bear witness to continued gridlock in Washington. D.C. lawmakers remain split on a coronavirus relief bill,...
Don’t Get Too Excited About the July Jobs Report
Trump was right.
The July jobs report – released this morning – showed a “yuge” payroll gain just like he said it would. 1.763 million...
The Turkish Lira Is Forming Another “Black Swan” Event
Stocks are trading flat this morning as investors weigh offsetting economic data. Better-than-expected employment numbers were released today, revealing a weekly jobless rise of...
How the TikTok Deal Could Impact Tech Stocks
Stocks are edging higher today as investors await the new coronavirus stimulus package. Lawmakers in Washington feel confident that they’re making progress, but so...
Big Tech Earnings Could “Doom” Stock Market
The second-quarter GDP numbers are in and they’re better than expected.
That does not mean, however, that investors are feeling good about them.
According to the...
Another Bitcoin Rally Is Coming
Stocks are slightly down this morning as Congress squabbles over coronavirus relief packages. A slew of poor quarterly earnings are keeping the bulls at...