With bank lending tightening, it seems prudent for the Fed to hit the pause button. The problem is that markets eagerly anticipate the day the Fed backpedals from its inflation fight at the first sign of instability.
According to the International Organization for Migration, the number of irregular migrant arrivals through the Mediterranean migration routes picked up again after reaching a low point in 2020. Almost 145,000 migrants traveling in boats across the Med…
Contrary to what their name might suggest, basketball, tennis and running shoes are in no way confined to courts and tracks these days. Athletic footwear, less formally known as sneakers, can be found anywhere from boardrooms to fashion runways, and co…
For the week ended April 13, there were 66 charts with multiple buy signals as of the last two trading days. There were just 16…
The current uptrend is now a month old. It’s also been dzackly 6 months since the major trend low last October. That tells us something.
Nothing. OK, if you weren’t long, you was wrong. But from here? For one thing, the trend is still up. The 5 d…
Here’s an even better real time barometer of housing deflation.
Yesterday, they said inflation was 5% or something. Couple things wrong with that. Inflation isn’t 5%. And what they reported was CPI, not inflation. CPI does not measure inflation. It measures “consumer prices.” Inflation is defined as a rise in the g…
The bull market peaked at about 4800 in January 2022. The bear market bottomed at about 3500 in October. Half the distance is 4150. And now that the good “news” on “inflation” is out, the ES 24 hour S&P fugutures are driving toward, you guessed it,…
If you ask me, the market is getting weaker. Of course, I’m only talking about the hourly chart relative to time frames of a few days. I confine my work on the bigger picture to the Technical Trader reports. A kind individual took advantage of the risk…
Central bank interest rates in advanced economies have started to rise again from zero-percent territory in 2022, but because of rampant inflation, any potential returns were completely diminished that year, creating savings that were effectively shrin…