Who or What is Pulling the Market’s Strings?

Mish Schneider | June 9, 2019

With a downbeat jobs report, falling yields and U.S. Dollar, gold rallying along with the volatility index, the market ran up another 250-300 points.

The Dow Jones, after last Monday’s low of 24,700, shot up over 1300 points by the …


Is the Market Action a Case of Definitely Maybe?

Mish Schneider | June 6, 2019

Definitely maybe keeps coming up.

You cannot park here, unless you are inanimate.

A legitimate parking spot?

Definitely maybe.

Definitely maybe the Banks and Federal Reserve will cut interest rates.

Definitely maybe the tariffs on Mexico will go away.

Definitely …


Market Blooms Among the Spikes

Mish Schneider | June 5, 2019

Planted outside our stucco wall, this cactus flower has not bloomed in 13 years.

The extraordinarily wet spring may have flooded food crops, but it has also helped the cacti flower.

Cacti do not need that much water to survive.…


Did the Market Flip, or Did We Kick a Dead Horse?

Mish Schneider | June 4, 2019

Last night we wondered which arrow Cupid’s got up his wing.

The one to arouse a rally or the one to ignite aversion?

If we imagine this horse as the correction, then Cupid’s arrow should restore her to her feet.…


Can Cupid’s Bow and Quiver Awaken a Market Rally?

Mish Schneider | June 3, 2019

Cupid, the son of the love goddess Venus and the war god Mars, used golden arrows to arouse desire and leaden arrows to ignite aversion.

The Federal Reserve, trying to play the Cupid who shoots golden arrows, hinted today that …


Market’s Big Bang

Mish Schneider | June 2, 2019

Artist: Will Dubby Fuqua The Big Bang Arnold Lieberman Gallery

In spite of everything that went on this past week, I’m feeling rather contented.

For starters, on April 4th, I wrote a blog called Food Porn, that gave investors a …


1/2 the Economic Modern Family Tells (Mostly) All

Mish Schneider | May 30, 2019

Today, the GDP came out at 3.1%, after last quarter’s number was 3.2%.

I am not one that relies too much on any one economic statistic.

Nor do I completely trust that those numbers won’t change in time.

However, the …


Stock Market Hopes for a Parachute

Mish Schneider | May 29, 2019

Artist: Juan Kelly at Nuart Gallery, Santa Fe, NM-The Sovereign Boat

We recently saw this piece in a gallery.

As the big cats cling to the precarious mast to avoid the hungry alligators below, the entire boat is in peril.…


Stock Market’s Egg Tossing Contest

Mish Schneider | May 28, 2019

Over the weekend, we went to a party. After most of the guests had enough beer to drink, the host organized an egg tossing contest.

Egg tossing, more popular than I would have imagined, actually has its own world championship!…


Stock Market Bulls: You Call This a Rally?

Mish Schneider | May 26, 2019

Sure, the market rallied on Friday ahead of a long weekend and after a significant selloff.

Yet, dogs, who typically look straight into their human’s eyes for a lead, now glance incredulously to the side.

Wisely, these dogs have their …