- the source for market opinions


December 20, 2019 | The Fed, Japan, OPEC

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.

US home builder confidence the highest in 20 years

Listen to Podcast:

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

Archives December 20th, 2019

Posted In: Radio


  • kate says:

    Hi Bob. The markets are assuming that all the recent Non-QE from the Fed since October is being utilized so as to fatten the margin accounts of hedge funds and bank trading desks so they can can party on and bid up the markets. I am wondering if that may not be true and that speculators are just assuming the Fed has their backs and are thus bidding up stocks. Maybe all this Non-QE is really going somewhere else? Why print all this money when the markets are making new highs almost every day? Is the Fed afraid to let a little air out of the everything bubble?

  • Mike says:

    Hello Bob. Gold stocks and silver have taken off this December along with the equity markets. Has the precious metal sector joined the historic bull run in equities and now have become part of the everything bubble? If a Wiley Coyote moment is imminent, what will happen to the gold mining stocks and silver? I remember gold mining stocks losing 35% in 2008, more than the S&P (although, unlike the S&P, regained all lost ground in 2009). Assuming the top in the everything bubble in is during the 1st quarter 2020, I would think that safe havens of the USD and gold, possibly treasuries (TLT), may be the best place to be going into the new year. Bob, I would appreciate your thoughts on this.

Post a Comment:

Your email address will not be published.

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.