A recent poll in Brazil showed that one-third of Brazilians favor “military intervention.” The country had been gripped by a crippling trucker’s strike, the results of which have been almost complete economic shutdown. Intervention, as it is softly termed, would be nothing less than a coup. The direct cause of the strike is quite simple….
One of these indicators isn’t like the other one. Take Citi’s Macro Surprise Index for the US and compare it to the NASDAQ index and The Fed Funds Target Rate
In the last update I wondered if growth expectations – and growth – were breaking out to the upside. 10 year Treasury yields were well over the 3% threshold that seemed so ominous and TIPS yields were nearing 1%, a level not seen since early 2011. It looked like we might finally move to a…
The stock market looks like it wants to break out. Gold looks like it wants to break down. The European banking system remains on the brink of disaster. And US Federal tax collections fell out of bed in May.
Is there a common thread that runs through all that? And if so, what does it mean for your money?
The short answer is, “No,” but we can draw inferences from observing each set of data.
The post How to Decode The “Mixed Signals” in Stocks, Gold, and Oil This Week appeared first on Lee Adler’s Sure Money.
A weakening dollar hasn’t spurred silver prices like we’d expected, but the indicators I’m looking at show silver is nearing the tipping point it needs to surge higher.
Every now and then an idea comes along that revolutionizes an entire industry. Today we call that “disruption.”
But disruption can happen on a number of levels. Sometimes it can be so subtle it takes years or even decades to be fully recognized for wha…
The concept of bank reserves grew from the desire to avoid the periodic bank runs that plagued Western financial systems. As noted in detail starting here, the question had always been how much cash in a vault was enough? Governments around the world decided to impose a minimum requirement, both as a matter of sanctioned…
Last week we got the reversal in the dollar I predicted, and it gave gold prices a healthy boost.
While gold fell a bit since then, it’s a sign great things are ahead for the yellow metal.
Cyclicality in markets returns and political environment is an interesting and under-researched topic. Here is a great post on the subject: https://fat-pitch.blogspot.com/2018/05/trading-worst-6-months-and-presidential.html.
In my previous post, I talked about the Too-Big-To-Fail Euro state, #Italy – a country with massive debt baggage that is systemic in nature.Here is Project Syndicate view from Carmen Reinhart: https://www.project-syndicate.org/commentary/ital…