Chart Of The Day

Reserves Shortage My Eye! Zero Excess Reserves Before QE

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Shhhhh! Central Bankers At Work

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Japan’s Machine Tool Orders Crash By Record 18% M/M: All That Money Printing Sure Helped!

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Almost There—35-Year Trend Reverses At 3.26% On 10-Year

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2015-2016 Low-flation? That Was Quick But, Donald, The Fed’s Not!

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Forget The Rate Hike Pinpricks: The Fed’s Real Bull-Slayer Is QT

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Remember The “R” Word—This Cycle Is Already Very Long In the tooth

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Up Days Peaked In 2000, 2008, 2018……Probably Nothing!

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Hey, Donald, The Problem Isn’t China’s Tariffs: It’s A $25/Hr. Wage Differential Due To Communist Wages There, Fed Inflation Here

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Corporate Leverage At 50-Year High…..And Now Comes Interest Rate Normalization!

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