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Category: Other Guys

Economic and and financial news and analysis from respected observers. Because I publish it, doesn’t mean I agree with it.

Debt Domes

The credit-sensitive bond market led the stock market down hard for much of this year, and it led it right back up last week. Here are three major funds below; the long-term patterns are obviously still very toppy, but it’s hard to tell wheth…

Dead Cat(hie) Bounce

The bulls are doing victory laps, because even garbage like Ark Capital ETFs had a great week (in fact, I think the best in their history). I would quietly note that this is the NINTH dead cat bounce in the midst of this bear market for the likes o…

Commodity Catch-Up

The way the market traded last week, you would have assumed that Putin had surrendered, peace had broken out, and love was in the air. None of those things happened, even though it seemed like it, so I still believe commodities demand special atten…

Russell 2000 Resistance

The small caps have been banging around their range ever since they entered it on January 18th. We are getting close to the top of that range. I would point out in particular the blue trendline; any surviving bears out there do NOT want to see pric…

Europa

Let’s jump overseas and look at a few interesting outside-the-US ETF charts. First up is the Eurozone, which is sporting a massive rounded top pattern. The monster question has to do with those two horizontal lines – – has the bou…

Doug Noland’s Credit Bubble Bulletin: Inklings of Secular Change

Market dynamics suggest a fundamental secular change in commodities derivative markets… This points to powerful inflationary biases throughout the commodities universe. Moreover, central banks risk throwing gas on an inflationary fire when they respond to financial market illiquidity with additional QE/monetary inflation.

A key question is whether this secular shift in commodities markets portends a secular cycle downturn for financial assets? I believe it does.