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Mr. Market the Great Deceiver Markets are deceptive…but we all know that.  Beyond deceptive, markets are actually down right diabolical.  Mr. Market operates through his two most trustworthy lieutenants Mr. Bull and Mr. Bear.  He has tasked Mr. Bull to climb … Continue reading →

This gallery contains 15 photos.

In light of the volatile market action since my last report two weeks ago I am dedicating this report towards the big picture view.  I have been presenting the post bubble contraction (PBC) model to you all year long, however … Continue reading →

This gallery contains 34 photos.

What Happened?   Could everything have changed in a 24 hour period?  Apparently, Yes,   Over the span of 24 hours markets woke up and realized that the FED may be at the cusp of committing Policy Error.  Recently bonds have been … Continue reading →

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In the last two reports I developed the thesis that we are in the early stages of a post bubble contraction (PBC).  This contraction actually began in 2008 and is now reasserting itself in the form of a global liquidity … Continue reading →

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We have seen how the PBC has now begun and is making itself felt around the world starting at the periphery of the global economy, next moving to the senior markets of the world and eventually being transmitted to the … Continue reading →

This gallery contains 34 photos.

This report continues the work from two weeks ago on the PBC which is now in its early stages.  It is the single model which presently explains the actions of all of the world’s markets.  By understanding the PBC we … Continue reading →

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This report looks at the market from the perspective of an Air Force U-2 at 70,000 feet.   We will look at markets from around the world and assemble the clues which they offer us as to what is happening … Continue reading →