There were more signs of economic slowing in the monthly Federal Tax data and real time data on gasoline consumption. Here’s how that could turn into a bad surprise for the market.
Treasury supply is exploding. The heat is on investors as traders play games.
A 13 week cycle low is overdue and the projection has been hit. The 10-12 month cycle projection has now also been hit. Here’s what to look for, and look out for, over the next few months.
The market ended the week at the bottom of an intermediate trend channel with some signs pointing to a breakdown. Here’s what to look for.
Gold’s technical picture is going from bad to worse as it tests major support.
July withholding taxes suggest there may be a big surprise coming in Friday’s Nonfarm Payrolls report.
Gold is nearing key cycle projections, but needs to clear certain triggers to signal that the coast is clear.
Last week’s action may have been a failed test of the January high. We should have our eye on a couple of critical levels and one set of shorter term indicators that could signal the onset of the first downleg of the bear market.
The Fed has shed $192 billion in assets since mid October 2017, just before the first cuts under the Fed’s “bloodletting,” or balance sheet “normalization” program. The screws are tightening.
European bank assets have stagnated since collapsing in 2012-13, and things will get worse when the ECB ends QE. Here’s why that’s bad news for the US.
With systemic liquidity declining, the only thing driving demand for stocks and bonds is the increased use of leverage. Here’s why this is an accident waiting to happen in the bond market, that will spill over to stocks.
Gold’s late week rebound from trend support didn’t change much. Cycle projections still point lower.
Posts from Other Publishers
Turkey’s economic crisis is already spreading to economies across the world.
Even if you don’t own stocks in foreign companies, your portfolio could be at risk.
Here’s what’s going on – and how you can protect your wealth…
Big banks are the field generals of the U.S. economy, and this “rank” makes their insights extremely valuable for those looking to make a killing from the small soldiers known as community banks.
Here’s Tim Melvin with the details…
Americans are spending more on filling up. A lot more. According the Census Bureau, retail sales at gasoline stations had increased by nearly 20% year-over-year (unadjusted) in both May and June 2018. In the latest figures for July, released today, gasoline station sales were up by more than 21%. The last time they surged this […]
Zoltan! (Bloomberg) — America’s growing debt pile may force the Federal Reserve to stop shrinking its balance sheet before the year is out,
The Q2 GDP report (+4.1% from the previous quarter, annualized) was heralded by the administration as a great achievement and certainly putting a 4 handle on quarter to quarter growth has been rare this cycle, if not unheard of (Q4 ’09, Q4 ’11, Q2 & Q3 ’14). But looking at the GDP change year over […]
Commodities are having a bad day … and year.
Nowadays, trade and “prosperity” are dependent on currencies that are created out of thin air via borrowing or printing.So here’s the story explaining why “free” trade and globalization create so much wonderful prosperity for all of us: I find a n…
By any standard, credit spreads in the US bond and loan markets remain very tight. Now several years into a Fed interest rate tightening cycle, short-term interest rates are rising but spreads do not expand.
In December 1999, Princeton Professor Ben S. Bernanke wrote a relatively obscure paper largely denouncing the Bank of Japan’s shyness. Japan’s economy had by then been mired in its first Lost Decade, one which at that moment not everyone was sure should have been lost. It was fashionable at the time to pile on the […]
The price of gold slumped to an 18-month low on Monday. With gold’s plunge garnering media attention lately, you are probably wondering whether gold has hit a bottom or whether it will continue to fall.
Fortunately, if you’ve been following along with my advice throughout the past year, you’ve been on the right side of the gold market.
The post Gold Is No “Safe Haven” In This Market – And It’s Only Getting Worse appeared first on Lee Adler’s Sure Money.