Finance

Dollar Is Firm But Loses Momentum Against The Yen

The capital markets are mostly quiet, amid a light news stream, and ahead of three key events in the coming days, with US markets closed tomorrow and light participation expected on Friday. These events are tomorrow’s OPEC meeting, the flash euro area inflation reading on Friday, and month-end portfolio and hedge adjustments.   The odds of…

EUR/USD Forex Signal For November 26, 2014

EUR/USD Signal Update Yesterday’s signals were not triggered and expired as although the price did reach 1.2442 during the London session, there was no bearish price action there on the H1 chart. Today’s EUR/USD Signals Risk 0.75% Trades must be made before 5pm London time. Short Trade 1 Go short after bearish price action on the…

T2108 Update – Scratching At Overbought Levels As Currency Market...

T2108 Status: 69.1%T2107 Status: 53.8%VIX Status: 12.3General (Short-term) Trading Call: Hold (bullish positions)Active T2108 periods: Day #27 over 20%, Day #25 over 30%, Day #22 over 40%, Day #20 over 50%, Day #15 over 60% (overperiod), Day #97 under 70% (underperiod) Reference Charts (click for view of last 6 months from Stockcharts.com):S&P 500 or SPYSDS (ProShares UltraShort S&P500)U.S. Dollar…

Prosperity Amidst The Ruins

The fundamental problem facing the global economy is not slow economic growth but political inequality. It’s striking: as economies stagnate, the top tier is living even larger while the low-income masses sink further into marginalized poverty. I call this widening divide between the vested interests/wealthy and the rest of society prosperity amidst the ruins. How can the…

Asia Stocks Up For 4th Day

Asian stocks rose, with the regional benchmark index heading for a fourth day of gains, as materials and health-care shares advanced, countering a decline in Japan’s index amid a stronger yen. The MSCI Asia Pacific Index added 0.1 percent to 140.90 as of 9:03 a.m. in Tokyo after rising 1.1 percent the past three trading…

This Country Will Be The Next Zimbabwe…

Source: Wikipedia Dear Diary, Things are slowing down. This is Thanksgiving week. People are leaving work early, trying to beat the holiday traffic rush. US stocks and gold were flat yesterday. We’re still in New York, taking care of business. Tomorrow, we’ll get an early start and head back down to Maryland. We have a lot…

Grant Williams: The Consequences Of Economic Peace

The following chart-heavy presentation from Grant Williams is among his best as he wends his way methodically from the 19th century to the present day (and into the future) examining “The Consequences of the Economic Peace.” From Keynes to Kondratieff and from Napoleon to Nixon, Williams looks at the ramifications of several decades of easy credit…