Core consumer prices in the United States increased 1.60 percent in October of 2020 over the same month in the previous year. Core Inflation Rate in the United States averaged 3.58 percent from 1957 until 2020, reaching an all time high of 13.60 percen…
A couple of weeks after several European countries went on (at least partial) lockdown once again in the face of surging COVID-19 cases, the tightening of restrictions appears to be paying off. As the following chart, based on data from the Johns Hopki…
President-elect Joe Biden is expected to name Xavier Becerra as his secretary of health and human services. Becerra, who Biden still has to officially announce as his pick, would be the first Latino to head the department. As The New York Times reports…
US 7 Year Note Bond Yield was 0.68 percent on Monday December 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 7 Year Note Yield reached an all time high of 16.05 in September of…
Will today be another Day of Infamy in the market. When Europe opened, it walked away from Friday’s gains in New York and went right back to where it left off trading the ES fucutures when Europe’s trading day ended. Apparently, they don’t think too mu…
Sorry Fed, it’s too late. The dominoes are already toppling, and every point of failure is being exploited by the catalyzing effects of Covid.
About a year ago I began offering both long and shortsale swing trade chart picks as a (potential) value added feature to the usual general…
How might all this end? Increases in leverage (“securities Credit”) create a self-reinforcing liquidity dynamic, whereby speculation fuels higher securities prices, greater liquidity excess and only more feverish speculative zeal. The big problem is it doesn’t work in reverse.
If you still believe that America’s Sickcare is “the finest in the world” and is endlessly sustainable, please study these three charts and extend the trendlines.
Now that Bitcoin has hit the wall of previous highs perhaps time for another technical update. And before you @ me accusing me of being just another naysayer or bear a quick […]