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punchbowl

Home of the Bottomless Punchbowl – Jackson Hole

August 22, 2018 8:47 pm

by Jesse “At a late stage, speculation tends to detach itself from really valuable objects and turn to delusive ones.  A larger and larger group of people seeks to become rich without a real understanding of the processes involved.  Not …

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It’s the Fed, Yanking The Punchbowl

March 2, 2018 8:26 pm

by Tom McClellan We were having a perfectly nice low-volatility uptrend until Jan. 26, and everyone was happy.  Since then, the inverse VIX ETN known as XIV has blown up (a great case of a “burning LOH” marker), and traders are starting …

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