Bonds take on the 30 year Yield downtrend The Government-Induced Liquidity Crisis  Global Divergences Market

                  The recent shift down in SPY may be confirming a larger head and shoulders pattern. Without a change in the trend

The chart above is a representation of risk and return in US securities markets over calendar year 2017.  The coloured squares show benchmark results for well known indexes. The green and red circles

Spectacular equity gains have a fragile and weak fundamental basis. Primarily based on a massive debt explosion favoring equities. Corporate earnings broadly unchanged over the last 3 years Job gains

The US is the only OECD country that has ZERO value added taxes. Arguably, total US corporate taxes are the lowest. Scoring the bill it is hard not to see

Since 2000, growth has become increasingly dependent on explosive growth in Federal Debt. GDP Minus Annual Federal Debt, is turning down again. While anchoring is a very understandable behaviour or

Some pictures make you stop and think. Last month King Salman became the first king of Saudi Arabia to travel to Moscow and he bows to Putin. He also brought