25 year veteran of the financial industry.
Current President Pivotal Trades.com
Former CEO of PageOne Financial Inc.
PageOne Financial Inc. is a RIA formerly headquartered in Halfmoon, New York.
Former CEO Pineridge Capital.
Commodity Trading Advisory Katonah, NY
“It could be time to fire up your engines,” suggests former fund manager Richard Breslow, urging some life back into the seemingly oblivious markets… Via Bloomberg, There’s a lot of uncertainty out […]
Authored by 720Global’s Michael Lebowitz via RealInvestmentAdvice.com, For the last 50 years, the consumer, that means you and me, have been the most powerful force driving the U.S. economy. Household spending now accounts for […]
Authored by Raul Ilargi Meijer via The Automatic Earth blog, European Commission president Jean-Claude Juncker, famous for his imbibition capacity and uttering -not necessarily in that order- the legendary words […]
Authored by Charles Hugh Smith via OfTwoMinds blog, This is the begging-for-the-overthrow-of-a-corrupt-status-quo economy we have thanks to the Federal Reserve giving the J.P. Morgans and Jamie Dimons of the world the means […]
by Tyler Durden Well, that escalated quickly. Just two months after Standard & Poor’s downgraded its general obligation debt to junk status, warning that the historic Connecticut capital could soon […]
Authored by Lance Roberts via RealInvestmentAdvice.com, Just recently the Federal Reserve Bank of New York released its quarterly survey of the composition and balances of consumer debt. Importantly, it was the […]
Following June’s MoM decline in incomes, Americans saw a modest 0.4% bounce in July (better than expected). However, their spending grew less than expected (up 0.3% MoM vs 0.4% expectations). However, real […]
While Jeff Gundlach’s favorite chart continues to diverge, as Treasury yields tumble (10Y at 2.08 lows today) and despite gold’s surge, copper’s keeping up… Knowledge Leaders Capital blog’s Steven Vannelli takes […]
Authored by 720Global’s Michael Lebowitz via RealInvestmentAdvice.com, “Valuations are still well below the peak of 1999” say the bulls. They are certainly correct from an absolute basis but we caution that the current level of […]
Authored by Lance Roberts via RealInvestmentAdvice.com, The general consensus is the rise in capital markets, despite global weakness, geopolitical risks and sluggish employment and wage growth, is clearly a sign […]
by Tyler Durden Following June’s huge surprise jumps in Housing Starts (revised lower) and Building Permits (revised notably higher), July saw both starts and permits plunge (-4.8% and -4.1% respectively) dramatically missing […]
Once again motor vehicles dominated the rise in inventories in June (up 0.7% MoM) as retail inventories rose 0.6% MoM but sales lagged at just 0.3%. This mismatch pushed the aggregate inventory-to-sales ratio […]
Via MauldinEconomics.com, It is increasingly evident that the US economy is not taking off like some predicted after the election. President Trump and the Republicans haven’t passed any of the fiscal […]
Authored by Mac Slavo via SHTFplan.com, When social security was first implemented in the 1930’s, America was a very different country. Especially in regards to demographics. The average life expectancy was […]
Inflation outlook, rate differentials, projected growth, positioning, quants… there are countless explanations provided daily to explain why bonds trade the way they do. And yet, as Bank of America shows […]
by Tyler Durden Jul 13, 2017 5:42 AM Some time ago, Deutsche Bank’s chief international economist, Torsten Slok, presented several charts which showed that “Canada is in serious trouble” mostly as a result […]
Authored by Mike Shedlock via MishTalk.com, In Europe, where it is essentially taboo to publicly discuss anything deemed politically incorrect, some interesting conversations are taking place in the Italian parliament regarding the […]
Authored by Chris Hamilton via Econimica blog, In 1960, the core population (25-54yr/olds) of the OECD nations (US, Canada, Mexico, Chile, most the EU, UK, Turkey, Israel, Japan, S. Korea, Australia, NZ) was […]
A stunning soundbite was captured by a Bloomberg reporter during last week’s event at the American Bankruptcy Institute. According to judges speaking at an ABI conference Thursday in Manhattan, the […]