10-12 month cycle indicators have reached the levels of the January 2018 and September 2018 tops. Is it time to get bearish? This report answers…
He’s witnessed a lot of “crazy” in his three decades of closely following various Bubble markets, but Doug Noland says nothing compares with today’s bond market bubble.
The European slump had been a combination of several transitory factors. At least that’s what they had kept saying. ECB officials and staff Economists didn’t use that specific word, so far that’s the exclusive domain of the Federal Reserve. Regardless of semantics, the message was clear: the 2018 economy ended on a sour note but […]
It’s never about a single payroll report. Even still, there’s something significant in how the “good” ones aren’t measuring up the way they used to.
This week we entered the Sell Zone.
What’s left to monetize? It appears the answer is “very little.”Advertising has always monetized consumers’ time and attention, what we call engagement today. Newspapers and periodicals publish advertisements, radio/TV networks…
June Federal tax data showed that the market rationale for the rallies in stocks and bonds was just plain wrong. I wrote about it last…
The US manufacturing sector may not be in as bad a shape as its German or Japanese counterparts, though it appears to be catching up on the downside. The Census Bureau reports today that new orders for all types of goods in all industries fell 1.6% year-over-year (unadjusted) in May 2019. This was the first […]
It boils down to two very simple principles: accredit the student, not the institution and teach every student how to rigorously learn on their own.Vested interests have every incentive to maintain the status quo: specifically, thos…
The benchmark 10-year US Treasury yield closed below 2% for the first time since Donald Trump was elected President. Having flirted with that level several times over the past week, today the most-watched interest rate on the planet finally breached this one startling round number. And it comes during a week which by every conventional […]