1. Not only have we had low volatility, we have had historically low drawdowns for years. See our paper on getting SKEWERED!
As of 9/18/17
2. Prosperity, bubble, or both?

As of 9/18/17
3. Not much of a correlation...but if it is true and the Fed reduces the money supply as stated, then gold should plummet.
4. SMID bounced last week.

As of 9/18/17
5. NYSE Margin is at an all-time high of 2.7%. Sounds low, but it is $550 Billion of possible margin calls when we finally correct.
As of 7/17
6. This canary in the coal mine remains happy for now.

As of 9/15/17
7. With all the talk about a debt ceiling agreement let’s look how we got to our $20 Trillion in debt... 
As of 8/31/17
8. The Hurricanes are showing their effects on U.S. industrial activity.
WSJ Daily Shot, As of 9/17/17
9. Back to the top of the trading range. For real or simply transitory due to the hurricane?
WSJ Daily Shot, As of 9/15/17
10. One of the key issues in U.S. Tax reform.
WSJ Daily Shot, As of 9/18/17
11. Executive, Legislative, and Judicial.
WSJ Daily Shot, As of 9/18/17



