FISCAL CLIFF RESOLVED, BUT SUPER CLIFF AHEAD $GLD $SLV $TBT $AAPL $QQQ $SPY $GDX

Our prediction that the fiscal cliff would be resolved has turned out to be partially right. It is important not to get carried away with optimism because only one part of the three-part puzzle has been ...
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NEW ECB BAZOOKA OFFERS OPPORTUNITY

European Central Bank Chief Mario Draghi may follow the U.S. lead and fire off his own bazooka. Requesting broader spending powers, Treasury Secretary Hank Paulson famously told Congress that he needed “a bazooka” to head off ...
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WHY I AM DIPPING MY TOE IN EUROPE

I have a bad habit of regularly studying a wide variety of boring documents ranging from central bank reports to obscure economic indicators. Lately, it has been difficult to find anything positive about Europe. Since ...
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