November 8, 2019 | Can the Fed’s Latest Bail Out Plan Work?

Bob Hoye has been in investment business for some 50 years, making him one of the more experienced researchers. His historical work has been thorough providing the first recognition of the fascinating transition from speculation in commodities to speculation in financial assets. It was controversial when Bob observed that “No matter how much the Fed prints, stocks will outperform commodities”. In January 2000, the research team concluded that the Dot-Com Bubble would peak in March 2000. In early 2007, the team outlined that the credit markets would reverse in May-June 2007. They did and the stock market followed. The latest was the call in early October for the Bitcoin Bubble to complete in December. Bob’s essays and speeches on political change and on actual climate change have been widely circulated.
Super yachts out, luxury SUV’s in
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Bob Hoye Archives November 8th, 2019
Posted In: HoweStreet.com Radio
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It seems that the rolling top this year failed again just as it did in 2016. And the major US indices broke out of sharply rising upward wedge formations and have skyrocketed since mid-October. Yet recently, on most days, there seems to be noteworthy topping tails alternating with less noteworthy bottoming tails in the major US indices. Bob, which way is the market heading into year-end? Also, some life has just come back in the PM sector; is this just a short-term bull trap for the gold bugs?