A Comment from a Politician I Know
From a Politician I Know COMMENT: When I started as a commissioner, I remember hearing the same term over and over, “staff recommends,” and I remember thinking of course you [...]
The Fed is Raising Rates Because of the Pension Crisis
QUESTION: The Fed says it will raise rates two or three times more this year. My question is this: If the stock market is crashing, why are they still raising rates?
HW
ANSWER: The Fed is raising rates because they must be NORMALIZED given the pension crisis. They are trying to get them back up and if they could, they would jack them up to 8%. If you can imagine, a pension fund under normal conditions needs 8% annual. Even CalPERS came in at 7% and they were insolvent. Rates are rising because of the pension crisis, not because the economy is really heating up or the stock market is booming. The technical resistance stands at the Downtrend Line at the 3% level. Rates will double to reach that area faster than people suspect.
We have a Directional Change due in May and look at the August/September period where we also have a Panic Cycle. Things are not going to be as smooth-sailing as many believe. We have a very RARE Double Monthly Bullish Reversal at 2.25%. A monthly closing above that level and 5% will be seen in a matter of months.
Latest Posts
Canada Moving for a NO CONFIDENCE Vote to Throw Out Trudeau
The C$ is poised to finally elect a Yearly Sell Signal (Bearish Reversal) warning that Canada may not bottom out until 2026. Even if Trudeau is removed from office, will [...]
Will Trump or RFK Listen?
QUESTION: You said neither Trump nor RFK will listen to you. What do you mean by that? There were even political people from both camps at your WEC in November. [...]
Why & When NATO Treaty Should be Terminated to Prevent WWIII
The heart of the North Atlantic Treaty is Article 5, which contains two major problems. Yes, Article 5 proclaims that an attack on any member of the Alliance will be [...]
