Call me a cranky old man. OK. So that’s been true forever. But I’m not convinced yet that this is a bearish setup. At least in the very short run.
That said, if they can’t poke through 3365 in the early going in NY, I’m converting back to my nat…
A new survey has uncovered shocking levels of unawareness among young U.S. adults about the Holocaust. The research was carried out by the Conference on Jewish Material Claims Against Germany and it focused on millennial and Gen Z adults aged between 1…
Direct from the bowels of the NY Fed
As long time readers know I’m a big fan of $VIX technical structures and compression patterns. Often dismissed as non chartable I think we’ve successfully to put that argument to bed a […]
This is why inflation will rip everyone’s faces off: production will continue to stagnate no matter how many trillions the Federal Reserve prints and throws around.This is how market capitalism is supposed to work: consumers decide…
A $13.6 billion TIPS issue. Here’s how it went.
During periods of elevated deeper uncertainty, any and all forecasting models run into the technical problem of risk (probabilities and impact assessments) not being representative of the true underlying environment
Eurocoin, CEPR & Banca d’Italia leading growth indicator for Euro Area economy is pointing to renewed weaknesses in the Eurozone economy in August, falling to its lowest levels in the COVID19 pandemic period:As the chart above shows, Eurocoin…
Via Liz Ann Sonders @LizAnnSonders of Charles Schwab & Co., Inc. a neat chart summarizing the madness of the King Market these days:Yeah, right: PE ratio is heading for dot.com madness levels, PEG ratio (price earnings to growth ratio or growth-adj…
Despite the expiration of the weekly supplement to unemployment benefits at the end of July, U.S. consumer spending continued to bounce back in August, albeit at a slower pace than before. According to preliminary estimates published by the U.S. Census…