The XLF Financial ETF Chart Looks Ominously Bearish
Uncertainty is one of the annoying staples of investing, but there are times when risk and uncertainty can be reduced to an absolute minimum. The...
Category : Editor’s Picks
Spain-Italy 10-Year Spread Drops Below Zero
In the spring of 2012, Spain's 4th largest bank Bankia requested a bailout of €19 billion and it became clear that the whole of Spanish...
Where are the Jobs? Who Has Them? Who’s Likely to Get Them?
In the 16-19 age group, the population has shrunk by 239,000, while the number of jobs in this age group has shrunk by 1,415,000! In...
No Bear Market as Long as Fed Prints Money – Druckenmiller
Hedge fund icon and former Chairman, President and CIO of Duquesne Capital, Stan Druckenmiller joined Bloomberg Television’s Stephanie Ruhle and Erik Schatzker on “Market Makers”...
The ‘Smart Dumb Money’ is Market-Top-Worthy Bullish
Stocks caught a decent bid on strong breadth on Monday, but one accurate ‘dumb money’ indicator hit bullish extremes not seen since early 2011. This...
What Good are Negative Rates if the Fed’s Unwilling to Use Them?
Miles Kimball has a new column suggesting that negative interest rates are the magic bullet that would have produced a robust recovery in late 2009:...
Just How Distorted is the U.S. Unemployment Rate Number?
On the first Friday of every month, I go through the jobs report and note the grossly distorted statistics. For example, please see BLS in...
Update on Indonesia: 6 Indicators of Worsening Situation
Here are the latest economic and financial indicators for Indonesia (see post), as financial conditions there continue to worsen. 1. The trade deficit has increased...
Will Friday’s Jobs Data Beat or Miss?
Friday’s monthly nonfarm payrolls data from the BLS should easily beat consensus expectations. Here’s why. Withholding taxes, which constitute the bulk of the Federal government’s...
Was the Cause of the 1960 Recession Psychological? and Now?
“The recession of 1960-1961 was mainly due to the high inflation, high unemployment rates, and a bad gross national product rating. This recession lasted for...