The bull market is on track to celebrate — barely — its seventh birthday next month. But many strategists and money managers believe that this old bull won’t see a cake with eight candles because it’s already rolling over into a vicious bear market. We won’t know for sure if that’s the case until the…
We just cannot wait for the next time either Abe or Kuroda utter the following string of words “[stimulus – insert any combination of equity buying, bond buying, money printing, and NIRP] is having the desired effect.” For the sixth time in the last 6 years, GDP growth has once again turned negative and while the BoJ balance sheet…
We’re sharing this Total Wealth with you today because, although the markets are closed, that’s likely only a temporary break from the heavy selling that’s pushing stocks down right now. But you can use the tactic Keith is about to show you as soon as the markets open tomorrow to get set up for superior returns. Now,…
EUR/USD The EUR/USD pair fell during the course of the session on Friday, as we did get a little bit exhausted above the 1.13 handle. Having said that though, the market certainly has plenty of support below, so we are not likely to see a significant sell off at this point. I think it’s only…
The world’s major stock markets failed to increase last week as investors continued their sell offs and added to the sentiment that there is growing uncertainty. Japanese stock markets nosedived on Thursday following global markets’ losses, and also due to the yen’s strengthening against the U.S. dollar which was a blow for large Japanese exporters….
The Manhattan skyline for the AUD/USD currency pair is really a lot less dramatic than the chart illustrates. The variations you’re looking at take place within a narrow band between 0.680 and 0.720, markedly different from looking at the skyline of the USD/ZAR currency pair. The AUD/USD pair is currently trading at 0.71100 which is…
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are occasionally posted on…
In his inimitable manner, Abraham Gulowitz unleashes 18 new pages of “all the charts you can eat” to expose the ugly reality of what is going on everywhere. Trust Busters… Market participants had penciled in stronger economies for 2016 and even a series of rate hikes by the Fed. Feeble world growth signals, the fallout from crashing oil…
● Postcapitalism: A Guide to Our Future By Paul MasonReview via The Guardian Mason, like Marx, believes that capitalism will collapse under the weight of its own internal contradictions. These include unsustainable levels of debt on the part of both individuals and nations (“2008 was the tremor in advance of the earthquake”). In addition, the rise of…
Japan’s economy contracted and Chinese trade activity looks terrible. This did not stop markets from rallying and it carried away currencies: the safe haven euro and yen continued their downfall while commodity currencies are looking good. The pound is a bit mixed on worries that Cameron can really deliver a deal with his euro-zone peers…
