Who says bipartisanship is dead? America’s two major political parties proved yet again that they always agree on one thing: the need for more spending. Sure, one side says it wants to put an end to runaway military spending and the other says it wants to put an end to runaway social spending, but then […]
Author Archives: Jason Kelly
Managing TQQQ Volatility to Higher Performance
The following is from this year’s Note 16 of The Kelly Letter, which went out to subscribers last Sunday morning. On Wednesday, April 17 the Nasdaq 100 (NDX) reached an intraday high of 7715, above its previous all-time high of 7701 on October 1. The event enabled my research partner Roger to log an important […]
Stack: Bear Market Ahead
Mr. Stack’s technical indicators are still pointing toward a bear market. He’s also worried about the shaky housing market, with price drops and slowing sales showing up in major cities. “We’re not trying to time the market, but we’re very comfortable with our defensive allocation,” he said. Although he predicted higher volatility a year ago, […]
China’s Debt, 2018 Midterms, Trump Impeachment, Bond Funds, Maslow, and Halloween
These discussions are on The Kelly Letter premium subscriber site: In a comment below last Sunday’s letter, Henry asks why China’s debt is worse than America’s. I answer that Beijing is probably understating the level of its debt, wastes much of its spending just to grow GDP, and does not enjoy the benefit of controlling the world’s reserve […]
Can Trump Reach 3% Economic Growth?
In this video, I’ll explore whether the Trump administration stands a chance of reaching its goal of 3% economic growth. On the campaign trail, President Trump said he would get the US to 5% annual economic growth. In office, his team lowered this to 3-4%. The economy hasn’t growth at 3% in more than a […]





