The Long Hill Report

Richard Morchoe

Richard Morchoe and guests discuss where the world is headed and why.

  1. 5d ago

    The Long Hill Report Richard Morchoe with Mike Carnevale June 16, 2026

    Kinda at war/not at war. Will there be peace. Mike ain’t sure, neither am I. July is coming and it is crunch time in the strait for more than oil.Mike’s word “amazing” as to what does not make sense. A war, May historically not great, but this year we are have a good fifth month.Dow up, of course mean old Richard always bring up inflation.The world’s first trillionaire arose.Mike said a mouthful, “it’s getting harder to explain.”Generally, the market looks ahead, according to Mike and the powers that be are seeing or hoping for a settling down.Midterms?Dems don’t say anything real like War Powers Act, 25th Amendment or impeachment. Kinda some fakery on all sides?Mike sees Dems just saying eh? For the time being. Not a good look for the Dems.Mike: Market looking to that proverbial future happening in November.Technicals: June looks okay, but there is weakening. Stochastic Oscillator might say it.Space X big stuff but we are just at the beginning, and Mike thinks it’s going down after buying momentum is over.Fed meets new chair, probably no change.Warsh got only 54 votes. Reflection on Trump?Mike has a wait and see with Warsh. He might ditch press conferences, Mike not okay.Other country banks increase rates.Oil being drilled.Inflation is not good. How much is the inflation in other areas also oil?Can Warsh keep credibility?Trump pledged his love for inflation.Leading indicators down as usual, job creation okay.Not time to cut rates. Let’s hear from Warsh?The world did not end.

    33 min

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Richard Morchoe and guests discuss where the world is headed and why.