Back in June, this website first “solved” the “mystery” behind America’s missing inflation, when we showed that a record number of US renters are unable to afford housing, suggesting that record amounts of “disposable income” were being diverted for use as a shelter “tax” instead of being spent on true discretionary goods and services, leading (together with the…
The holiday season is here and travelers filling up at the pump should be enjoying their first Christmas gift in the form of lower gas prices. AAA’s Fuel Gauge Report shows that the average price of a gallon of gas was an even $2, lowest since 2009, compared to $2.48 on the same day last…
Commentary Stocks snapped a two-day losing streak in today’s trading session. However, before getting hopes get too high, this does not look like the beginning of a year-end Santa Claus rally, unless you are long Gold, which posted signs of a breakout, or Real Estate’s Home Construction Builders. Top performance among sectors was found in Consumer Staples (XLP +1.13%),…
The marketplace might be a bit quiet over the next couple of sessions, but we do have the Final GDP numbers coming out of America during the day, so this could move the US stock markets in general. This of course will have an effect on the US dollar as well more than likely,…
EU Session Bullet Report – Oil recovers slightly as GOLD rises to 1080 Markets continue trading in tight ranges due to the limited volatility attributed to the festive season. As yesterday it was the official calendar beginning of winter, Oil (+0.64%) managed to edge higher on speculation the winter season will drive up demand. As…
It’s that time of the year once again – it’s the season of giving in more ways than one. With barely ten days to go before 2016 kicks in, I’d like to present you with the pre-Christmas top trading picks for indices, commodities, currencies and equities. The final 10 days of December are typically characterized…
Despite of yesterday’s gain of 0.87%, the FTSE 100 remains firmly bearish below the December 9 high of 6173. The index is expected to reach 6000 and might then reach last week’s low of 5861. For a Christmas rally to kick-off the FTSE 100 would need to breach the December 9 high at 6173, in…
The Department of Energy’s Energy Information Administration (EIA) monthly data on volume sales is several weeks old when it released. The latest numbers, through mid-October, are now available. However, despite the lag, this report offers an interesting perspective on fascinating aspects of the US economy. Gasoline prices and increases in fuel efficiency are important factors, but there…
QUESTION: Mr. Armstrong, have you ever heard of a short lived Wörgl Experiment in Austria? It was shut down by the Austrian Central Bank they say because it was successful. Have you looked into this experiment they claim defied deflation and inflation? ANSWER: Yes. This was by no means an isolated instance. True, it was touted as…
The USD/JPY pair went back and forth during the course of the session on Monday, as the 121 level continues to be a bit of a magnet for price. Quite frankly, you can see that on this chart I have a yellow rectangle drawn. I believe this rectangle is the most important thing on this…
