“The investor’s chief problem – and even his worst enemy – is likely to be himself.” – Benjamin Graham. The money management edge is just the beginning. “Finance is

Dollar breaks uptrend vs gold The belief system is breaking down ECRI explains the deeply entrenched nature of persistently weaker growth Industrial production recessionary Retail Sales recessionary Inventory levels recessionary

  Central Bank Casino European Central Bank president Draghi’s huge policy package is a bust S&P 500 could be 60% inflated versus global equities S&P 500 could be 60% inflated versus

  Global manufacturing rolling over World trade falls 13.8% in dollar volume US trend growth weak getting weaker US slowdown now hitting service sector Income and spending cycles remain in

Are you paying attention? US industrial production leaves little doubt about recession risks Japanese Trade Data Collapses, Crushes “Devalue Our Way To Prosperity” Dreams Data strongly suggest global recession Banking

35 years of exponential debt growth and lower interest rates Markets wipe away the Fed’s December interest rate rise Gold reversing trend relative to the S&P 500? Fed can’t cut

  Bad timing and intransigence Nominal GDP and Non-financial profits trending down Global profit estimates are in their steepest decline since 2009. 85 year high in US crude inventories Record

  George Soros joins the rate hike blunder chorus Ray Dalio is already in the Choir Could there have been a worse time to raise rates? Fed is stuck in the