The Market Perspective: Three of three down begins

Categories

Archives

The Great Depression

Benjamin Roth: The Great Depression: A Diary
It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

Recent Posts

About

Subscribe to this blog's feed

October 2024

The View from Abroad

National Post
Canada
Reuters
The Day's Top Stories
Straits Times
Singapore
Pravada
Moscow
Jerusalem Post
Jerusalem
Financial Times
London
Speigel Online
Frankfurt

Columnists - Thoughtful Reading

Professor Tom Sowell
Perhaps the best mind in America
Ambrose Evans Pritchard of the Telegram
The real story from Across the Pond

Economic Sites and Blogs

The Price of Everythning
Tim Price reflects on markets from 'across the Pond.'
Yahoo Finance
Still the go to site for market data and links to company profiles, websites, and financial statements.
Zero Hedge
Tyler Durden's site is harder edge than most, serious stuff.
Market Watch
The Wall Street Journal continuously updates with news and article links.
Business Insider
A sort of National Enquirer look at Business Around the World.
Mish's Global Economic Analysis
Mish Shedlock's economic analysis.

Reminiscences of a Stock Operator

Edwin Lefèvre: Reminiscences of a Stock Operator Annotated Edition

Bought And Paid For

Robert Scheer: The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street
The former Editor of Ramparts takes on both parties and how they sold out to Wall Street that is even now partying and bonusing on their former mistakes.
Charles Gasparino: Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street
How Wall Street Backed the Administration and Got What It Paid For

« Andy Kessler oon Market Complaency | Main | The July 27 Peak »

October 18, 2023

Three of three down begins

10/18/23

Wave two peaked July 27

Wave one ended Aug27, Wave 2 peaked Sept 14 or so,

wave one of three bottomed Oct 8, wave two of three topped three days ago

we are now in three of three the most powerful formation

lower prices ahead

Bonds TLT

Banks holding long dated bond have been reamed, their whiz bang MB as who did not live thru the 1972-1982 era are in over their heads.

Proxy Stock Cullen Frost Bank CFR

Expect to see this all the way to the bottom I think CFR book value is $50.55, trust me it is headed there

Posted at 05:37 PM in Bonds | Permalink

Comments

The comments to this entry are closed.