Archive for the ‘CNBC’ Category

Notes From Underground: It’s Good News Week (Hedgehoppers Anonymous)

December 20, 2016

The world is fraught with troubling news of assassinations, terrorist atrocities and confrontation between China and the U.S. But in the financial news it is all about the DOW PUSHING 20,000. To quote Mr. Natural: “What does the Dow 20,000 mean? It don’t mean SH*T.” We become enamored with numbers but in real financial terms 20,000 is meaningless on its own. The U.S. equity markets are enthralled with the possibilities that a Trump presidency will present. Three weeks ago Rick Santelli laid it out very well. He noted if trump was successful in reforming the ACA, realizing genuine corporate and personal tax simplification and reform, and rolling back some of the regulations burdening small and medium businesses the Trump administration would be an unmitigated success. If the Dow is the barometer, then Mr.Trump should declare victory and spend the next four years writing his autobiography.

(more…)

Notes From Underground: We Were At It Again

November 22, 2016

Tonight I am posting today’s Santelli and Harris exchange (click on the image at the end of the post). (It is with gratitude that I thank Rick and his wonderful producer Lesley McKeigue for they keep providing me a with a platform to express views that are based on almost 40 of trading experience.) The Santelli Exchange has allowed me to meet and share views with some of the most respected minds in the financial community: Art Cashin, Jim Bianco and the list continues to go on and grow. Thank you my readers for allowing me time to deal in dialectic exchange and be challenged in a constructive method to enhance my knowledge. Remember, it is not validation but dialectic that I strive for in Notes From Underground.

(more…)

Notes From Underground: CNBC Santelli Exchange–Central Bankers’ Timing

April 17, 2016

Yra & Rick, April 15, 2016

Click on the image to watch me and Rick discuss central bank policy timing.

Notes From Underground: Santelli Exchange–Bazooka and Bubbles

March 10, 2016

Santelli Exchange, March 10, 2016

Click on the image to watch me and Rick discuss the ECB’s policy decisions

Notes From Underground: Santelli Exchange — Central Banks Triggering More Problems?

February 16, 2016

CNBC's Santelli Exchange, Feb. 12, 2016

Click on the image to watch me and Rick discuss flawed central bank policy.

Notes From Underground: Santelli Exchange — The Fed’s Models Are Broken

February 1, 2016

Yra/Rick on CNBC, February 1, 2016Watch me and Rick discuss why gold isn’t a hedge against inflation,

but against central banks losing control “of the whole game.”

Notes From Underground: Money Is Fascist, Part 22

January 4, 2016

Long-time readers of NOTES FROM UNDERGROUND are well aware that one of my key rules about global finances is MONEY IS FASCIST. In an interview with Rick Santelli today, I reiterated my views about how¬†global capital needs to secure stability (hence the idea of money being fascist) as the¬†world’s equity markets suffered from the “new ” uncertainty of geopolitical events over the weekend.

(more…)

Notes From Underground: Before a Short Hiatus …

December 10, 2015

I will be taking a few days of “unwind” before next Wednesday’s Fed meeting and Chair Yellen press conference. Last Friday, Rick Santelli and I talked about the ECB and I am posting that but the last few Christmas Eves Rick has had me on and we discuss predictions about the coming year. There are no safe predictions from this blogger as I will venture far from shore but always try to put my best thoughts forward.

(more…)

Notes From Underground: Santelli Exchange — Debt & Global Bond Markets

July 7, 2015

yra7-7-15

Click on the image to watch me and Rick discuss why governments and central banks shouldn’t be paying attention to equity markets (in addition to Greece and China)

Notes From Underground: CNBC’s Santelli Exchange — Draghi Will Be `Screaming’

May 6, 2015

Yra & Rick, May 6, 2015

Click on the image to watch me and Rick discuss crude oil, Mario Draghi and why it’s better to be short French OATs, not German bunds.