Hey There Income Hunters, Thanks to everyone who attended the Trading Legion trio session yesterday. If you missed it, catch the replay here. Today’s lesson on inflation history is THE most important information I can pass on right now. So many investors, and you may be one, do not fully understand the damaging effects of…

Hey There Income Hunters, Jerome “J-Pow” Powell’s act is really getting old. Plus I think he’s starting to lose respect. It’s like he’s turning into Rodney Dangerfield. Maybe for his next FOMC Q&A he should start by saying … “My wife and I were happy for twenty years. Then we met.” I always chuckled at…

Hey There Income Hunters, Well, yesterday was another incredible day in the markets, with higher prices for Big Tech stocks and Treasury bonds. And, oh, a much higher inflation report. The consumer price index (CPI) — the most important driver of market prices — was released … And the annualized level for inflation was 4%…

Hey There Income Hunters, During a July 1 speech marking 100 years of the Chinese Communist Party, President Xi Jinping said … Cue foreboding music… “(China) will never allow any foreign force to bully, oppress, or enslave us … Anyone who tries to do so shall be battered and bloodied from colliding with a Great…

Hey There Income Hunters, Most central banks continue to debate the timing of tapering and raising rates. But China? Last week, they announced a reduction in their bank reserve requirements. That shift in monetary policy could cause a shakeup in market trends starting this week. And it’s an important one because … The markets will…

Hey There Income Hunters, Once again, as the US zigs …  China zags. While the Fed continues to discuss tightening efforts and even announced selling $14 billion in corporate bonds into the market this week … China cut banks’ reserve requirement by 0.5 percentage point on Thursday. That chop by the Chinese is timely, as…

Hey There Income Hunters, All things considered, the market closed very well yesterday. Especially when you consider the news out of Wells Fargo (Ticker: WFC). WFC only announced that it is shutting down all existing personal lines of credit!? It’s a move that will leave many customers without a critical source of liquidity … Plus…

Hey There Income Hunters, Let’s think like the Fed. It’s scary, I know! Here’s what I mean … Yesterday, I explained what the Fed is using its reverse repo facility to do … Our central bank is protecting segments of the economy most closely related to homeowners and savers. So the next question is ……

Hey There Income Hunters,I disagree with blog chatter that the Fed is risking another repo disaster by soaking up excess cash via their reverse repo facility.Instead, I think it’s part of a bigger plan to allow our central bank to continue printing money.First, let’s look at an update on the balances in the Fed’s reverse…

Hey There Income Hunters, We are living in the Golden Age of Liquidity. A billion here, a trillion there … No big deal. We have the Fed and Treasury doing their best to make the New Roaring 20s last for years, if possible. And there’s no doubt that if the Fed sticks to the plan…