My ceaseless fondness for our Layered Charts feature is well known, and I took the time this weekend to put together a number of them to share with you. They all pretty much say the same thing in one way or another: one important financial instrume…
What happens when markets don’t correlate well.
Big T-bill paydowns are coming in the second half of April. That will continue to support a “rally that fools the majority.” But it doesn’t…
Household Saving Rate In the Euro Area decreased to 13.34 percent in the fourth quarter of 2021 from 15.01 percent in the third quarter of 2021. Personal Savings in the Euro Area averaged 13.39 percent from 1999 until 2021, reaching an all time high of…
Housing Index In the Euro Area increased to 139.41 points in the fourth quarter of 2021 from 136.78 points in the third quarter of 2021. Housing Index in the Euro Area averaged 105.92 points from 2005 until 2021, reaching an all time high of 139.41 poi…
External Debt In the Euro Area increased to 16025333.04 EUR Million in the fourth quarter of 2021 from 15733024.44 EUR Million in the third quarter of 2021. External Debt in the Euro Area averaged 11862925.99 EUR Million from 2004 until 2021, reaching …
A $95 billion monthly reduction of assets (removal of monetary stimulus) would be a case of the Fed Playing with Fire.
With France gearing up for its next presidential election on April 10, what are the voting trends in this final stretch of the campaign? While there have been plenty of contemporary examples of polls not being predictions, but rather a snapshot of opin…
The Fed now says it will cut its assets by $95 billion per month. That will add that much to monthly new Treasury supply while…
5:45 AM ET. The 5 day cycle projection on this upswing of the ES S&P futures is 4520. Done! But the base breakout measures to 4539, so maybe we’re not done yet. Hourly indicators are inconclusive. An hourly close below 4500 would be needed for at l…