Our little trendline friend on LQD did a pitch-perfect job (green arrow).
Is that really what you want to spend your time doing, paying higher taxes?
The U.S., after all, is running unprecedented peacetime deficits, with a new $1.9 TN stimulus package scooting through Congress. This legislation will be followed by what is sure to be a major infrastructure program. There is literally colossal deficits and Treasury issuance as far as the eye can see.
The world of precious metals continues to be quite grim. Indeed, gold and its brethren have suffered tick-for-tick with the bond market. The chart is crystal-clear: a right triangle pattern that has been quite plainly broken, and is at risk of much…
I seriously cannot believe these GameStop fanboys.
At long last, the energy sector, represented by symbol XLE, seems to have reversed.
While the past decades have seen rapid urbanization in India and China, cities in Africa are growing fastest in the current one. In the first half of the 2020s, the U.N. Population Division expects 28 cities to grow at an average annual rate of more th…
The latest auto manufacturing figures released today mark “yet another month of decline for UK car production” and are “a grave concern” according to Mike Hawes, SMMT Chief Executive. The total for January 2021 of 86,052 is the worst start to a year si…
Fridays’ Fed QE. Click for details.
Over the past few weeks, the NASDAQ has been a thing of absolute beauty.