This market has had the “market” beaten out of it. If I had any sense – or, more precisely, if I had the sense to not have any sense – I’d just throw charts and reason out the window and dump my entire net worth into SPY calls so I could spend the next ten years cleaning out…
Here are my forecasts for upcoming economic data.
Just when it looked liked the market was going to stumble over the edge of the cliff, the bulls backed away from a meltdown… and then some. After a nasty 3.5% pullback in the second full week of December, the bulls countered with last week’s 3.4% bounceback, and tested new record highs in the process….
While “lowflation” continues to stun central bankers around the world, Zee Germans remain stoic on the sidelines (courtesy of Jens ‘nein nein nein’ Weidmann’s last voice of reason left in the world) in their derision of the ECB’s sovereign QE efforts. If you wondered why they are so vehemntly opposed to the printing of money……
“I can hire one half of the working class to kill the other half.” Jay Gould, aka the Mephistopheles of Wall Street. Video Length: 00:25:21
Welcome to edition 235 of Insider Weekends. The prolific buying by insiders of energy companies lost some steam last week even as oil and energy stocks rebounded sharply along with the rest of the market. With the S&P 500 closing less than 5 points off its all-time high, insider buying also picked up with insiders…
Welcome to edition 235 of Insider Weekends. The prolific buying by insiders of energy companies lost some steam last week even as oil and energy stocks rebounded sharply along with the rest of the market. With the S&P 500 closing less than 5 points off its all-time high, insider buying also picked up with insiders…
by Reverse Engineer, Doomstead Diner Transcript: Greetings Doomfans, and welcome to another edition of the Frostbite Falls Daily Rant, here on the Doomstead Diner. It’s been a couple of weeks since I recorded my original Oil Crash Rant, and a ton of action has gone down in the interim, so it’s time for an Update! Audio Length: 00:09:43…
The XAU/USD pair posted first weekly loss in three weeks and settled at $1195.71 per ounce. A stronger dollar and the rebound in equity markets worldwide drew some investors away from gold. The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates. On the other hand, Fed…
In the post below, I discuss a very strong correlation in the data which surprised me — a high ratio non residential fixed capital investment to GDP is correlated with high nominal interest rates on corporate bonds. I think the discussion in comments was very interesting and I have promised to pull back 2 comments (I…
