Our little trendline friend on LQD did a pitch-perfect job (green arrow).
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Economic and and financial news and analysis
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They Can Always Print More Money But We Can’t Print More Time
by Charles Hugh Smith • • 0 Comments
Is that really what you want to spend your time doing, paying higher taxes?
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Doug Noland’s Credit Bubble Bulletin: Regime Change
by Doug Noland • • 0 Comments
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.
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Precious Pyrotechnics
by Tim Knight • • 0 Comments
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…
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Deja Screw
by Tim Knight • • 0 Comments
I seriously cannot believe these GameStop fanboys.
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Energy Loosens Up
by Tim Knight • • 0 Comments
At long last, the energy sector, represented by symbol XLE, seems to have reversed.
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The Fastest Growing Cities in the World
by Statista | Infographics • • 0 Comments
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…
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UK car production posts worst January in a decade
by Statista | Infographics • • 0 Comments
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…
NY Fed Operations
Fed QE for Friday, February 26
by NY Fed | Treasury Securities Operations • • 0 Comments
Fridays’ Fed QE. Click for details.
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The Charts of Jaysus and the Charts God Intended
by Tim Knight • • 0 Comments
Over the past few weeks, the NASDAQ has been a thing of absolute beauty.