This post was published Friday in The Arora Report  paid feeds as Afternoon Capsule. To gain an edge, this is what you need to know now. Americans Buy More Than Pre-virus In today’s  Morning Capsule we shared with you Retail Sales data.  An interesting insight is that last month Americans bought more than they did pre virus. The important interpretation is that the Fed is being too aggressive with its money printing — more than what the economy needs, and the government has borrowed more for various programs to counter coronavirus than it needed. It is mind boggling  why the government

This post was published  in The Arora Report  paid feeds as Afternoon Capsule. To gain an edge, this is what you need to know now. New Strong Bubble Data Point Our subscribers often ask us what to watch to know when the bubble in financial assets is coming to an end.  There is a multitude of data to watch.  One important data point is the auction of long dated Treasury bonds when the quantity is large. Today $38 billion of 10-year Treasury note auction took place.  $38 billion is a large amount for this type of auction.  Here are the results:

This post was published yesterday in The Arora Report  paid feeds as Afternoon Capsule. To gain an edge, this is what you need to know now. Advance Glimpse Today is giving prudent investors an advance glimpse of things to come if massive borrowing stops. Talks between Pelosi and Mnuchin broke down when  Mnuchin rejected Pelosi’s offer to split the difference on stimulus.  Mind you this is temporary and both sides want to borrow a tremendous amount of money. The only thing that happened is that Mnuchin, at least for the time being, wants to borrow less money.  To understand what happened