Financials, Tech Led US Market to Record Highs, Again

Financials, Tech Led US Market to Record Highs, Again

Financials, Tech Led US Market to Record Highs, Again $DIA, $SPY, $QQQ, $VXX Senate takes another step toward tax reform by passing budget blueprint Top-weighted financials and technology sectors show relative strength Technology and Financial stocks lifted Wall Street Friday, as investor optimism received a fresh boost from Washington, where The Trump Administration stepped closer […]

Gold and the Fall of the US Dollar

Gold and the Fall of the US Dollar

Gold and the Fall of the US Dollar $OIL, $GLD, $SLV, $USD, $CNY China, Russia, and Saudi Arabia are aligning in response to trade sanctions and political discord from the West. Together, they may bring an end to the global supremacy of America and the USD, according to analyst Peter Reagan. China, Russia, and Saudi […]

Fed May Have Misjudged Low Inflation

Fed May Have Misjudged Low Inflation

Fed May Have Misjudged Low Inflation $DIA, $SPY, $QQQ, $VXX Expect President Trump to fill the Fed vacancies with pro-growth advocates. Econ 101, No inflation, No growth. Tuesday, the expected outgoing Federal Reserve Chairwoman Janet Yellen acknowledged that the central bank is puzzled by the persistence of unusually low inflation and that it might have […]

Fed Must See Higher Prices Before Another Rate Hike

Fed Must See Higher Prices Before Another Rate Hike

Fed Must See Higher Prices Before Another Rate Hike $DIA, $SPY, $QQQ, $VXX The Federal Reserve should wait until there are clear signs that American paychecks and prices are rising before raising interest rates again, a Fed bank president and FOMC voter, said Monday, warning that moving too fast would be a policy “misstep.” Chicago […]

FOMC Schedules Asset “Normalization” as Expected

FOMC Schedules Asset “Normalization” as Expected

FOMC Schedules Asset “Normalization” as Expected Federal Reserve officials set an October start for shrinking their $4.5-T of assets, moving to unwind a pillar of their crisis-era support for the economy. FOMC forecasts 1 more interest-rate hike later this year, saying storm damage will have a temporary impact on the economy. “Hurricanes Harvey, Irma and […]

US Stock Indexes Mark New Record Highs, Financials Lead

US Stock Indexes Mark New Record Highs, Financials Lead

US Stock Indexes Mark New Record Highs, Financials Lead $DIA, $SPY, $QQQ, $VXX The major US stock market indexes are trading at record marks driven by gains in financial, technology and industrial stocks, with focus on the FOMC’s policy meet Tuesday and Wednesday, as The Trump Rally extends. Shares of the major banks, including Bank […]

US President Trump Poised to Change Fed Leadership +

US President Trump Poised to Change Fed Leadership +

US President Trump Poised to Change Fed Leadership + $GLD,$SLV, $PPLT, $USD Every US President gets the chance to influence Fed policy through nominations to the central bank’s Board of Governors. But, most often, that chance is limited to a small number of nominations, 3 max, including a nomination for Chairperson. But President Trump is […]

This Week’s FOMC Meet May Trigger Stock Rotation

This Week’s FOMC Meet May Trigger Stock Rotation

This Week’s FOMC Meet May Trigger Stock Rotation $SPY US stock investors could rotate out of high-yielding sectors and into stocks of banks, which would benefit from the next leg up in interest rates, after the FOMC’s policy-setting meeting wraps up Wednesday. If the FOMC gives a nod to rising inflation or focuses its trimmed-down […]

Gold Price Pressured by Notions of Fed, ECB Tightening

Gold Price Pressured by Notions of Fed, ECB Tightening

Gold Price Pressured by Notions of Fed, ECB Tightening $GLD, $SLV Gold fell Friday after a European Central Bank official called for scaling back the bank’s stimulus program, although losses were capped when weaker than expected US economic data raised some questions about further rate hikes. ECB board member Sabine Lautenschlaeger made the most explicit […]

US Economic Growth Picking Up, Inflation Muted

US Economic Growth Picking Up, Inflation Muted

US Economic Growth Picking Up, Inflation Muted $DIA, $SPY, $QQQ, $VXX The US economy expanded at a moderate pace in July through mid-August, but signs of an acceleration in inflation are muted, the latest survey conducted by the Fed showed Wednesday. “Prices rose modestly overall across the country,” the central bank said in its Beige […]

US Consumer Spending Up, Inflation Down, USD Falling

US Consumer Spending Up, Inflation Down, USD Falling

US Consumer Spending Up, Inflation Down, USD Falling $DIA, $SPY, $QQQ, $VXX US consumer spending rose a bit in July and annual inflation increased at its slowest pace since late Y 2015, diminishing expectations of a Fed interest rate hike in December. Inflation remains low even as the labor market is near full employment, a […]

JPY/USD – Japanese Economic Growth

JPY/USD – Japanese Economic Growth

The Japanese economy has been showing convincing signs of strength throughout the month of August. Despite softer than expected imports, Japan still managed to beat Q2 GDP expectations. Economic indicators like the PMIalso signal growth. However, despite the strong GDP outlook, Japan’s inflation rate remains dismally below the Bank of Japan’s targets, leaving the possibility of […]

Yellen and Draghi Open Jackson Hole Symposium Friday

Yellen and Draghi Open Jackson Hole Symposium Friday

Yellen and Draghi Open Jackson Hole Symposium Friday $USD, $DXY, $EUR The Jackson Hole Symposium is this week’s most anticipated event, in part due to a severe lack of other newsworthy market stories but also because two very important central bankers are scheduled to appear. The Fed and the ECB are not only 2 of […]

Investors are saying, “Stocks Are Too Expensive”

Investors are saying, “Stocks Are Too Expensive”

Investors are saying, “Stocks Are Too Expensive” $DIA, $SPY, $QQQ, $VXX Caution Signals Blinking Many professional investors (46%) saying stock markets are overvalued, Bank of America Merrill Lynch’s monthly fund manager poll showed Tuesday. The survey, which polled 202 asset managers with $587-B under management, was carried out between 4-10 August, and showed cash levels […]

A 5 to 10% Pullback in the Market will be Bullish

A 5 to 10% Pullback in the Market will be Bullish

A 5 to 10% Pullback in the Market will be Bullish And Low Inflation in the US is Like a Tax Cut for the Economy Economist Larry Kudlow, a former adviser to President Ronald Reagan, said he is Bullish stocks because profits are rising, inflation is low and consumer confidence is high. “I’m very Bullish […]

JOLTS: US Jobs Openings Mark Record High at 6.2-M

JOLTS: US Jobs Openings Mark Record High at 6.2-M

JOLTS: US Jobs Openings Mark Record High at 6.2-M US job openings jumped to a record high in June, outpacing hiring, the latest signalling that companies are having trouble finding qualified workers. JOLTS, the monthly Job Openings and Labor Turnover Survey released by the US Labor Department Tuesday also underscored labor market strength may encourage […]

Weakening USD is Positive for Gold & Silver

Weakening USD is Positive for Gold & Silver

Weakening USD is Positive for Gold & Silver $GLD, $USD, $SLV The US Dollar (.DXY) Index has been moving lower, retreating 9% in 5 months, from 102 in March to its current 93.39. Not surprisingly, Gold has risen almost 10% in USD terms during this frame. Earlier this year many participant expected USD to continue its […]

FOMC “Reducing Debt Holdings to Start ‘Relatively’ Soon”

FOMC “Reducing Debt Holdings to Start ‘Relatively’ Soon”

FOMC “Reducing Debt Holdings to Start ‘Relatively’ Soon” Fed officials said they would begin running off their $4.5-T balance sheet “relatively soon” and left their benchmark policy rate unchanged as they assess progress toward their inflation goal. The start of balance-sheet normalization is another policy Milestone in an economic recovery now in its 9th year. […]

Australian Dollar (A$) CPI Outlook

Australian Dollar (A$) CPI Outlook

Australia’s Consumer Price Index (CPI) climbed an annualized 2.1% after expanding 1.5% during the last three-months of 2016, while the core rate of inflation increased 1.9% during the same period amid forecasts for a 1.8% print. Signs of slower-than-expected inflation may encourage the Reserve Bank of Australia (RBA) to preserve the record-low cash rate for […]

Fed Chairwoman Gets Investors Attention Again

Fed Chairwoman Gets Investors Attention Again

Fed Chairwoman Gets Investors Attention Again $DIA, $SPY, $QQQ, $VXX The focus Thursday was Fed Chairwoman Yellen’s testimony before the US Congress as the market posted another record close. Wednesday’s testimony confirmed this year’s next rate hike/s and QE policy tightening process that the market expected, but the discussions about the longer-term Neutral rate of […]

US Entering Period of Stagflation

US Entering Period of Stagflation

US Entering Period of Stagflation Former Fed Chairman Alan Greenspan warns that America is entering a “very tough” period of stagflation as it emerges from economic stagnation. “As the inflationary pressures which now seem to be building, we’ve just been through a long period of stagnation, we’re moving now toward what we used to call […]

Think Portfolio Insurance When Buying Gold in Here

Think Portfolio Insurance When Buying Gold in Here

Think Portfolio Insurance When Buying Gold in Here $GLD, $USD Gold (NYSEArca:GLD) is ranged within 1,190 and 1250 oz short term as the metal tracks US real interest rates. “We’re not saying we have a Bullish bias; we’re not saying we have a bearish bias,” siad executive director for commodities and foreign exchange at UBS […]

Allianz Investment Management Looks at the US & EU Markets

Allianz Investment Management Looks at the US & EU Markets

Allianz Investment Management (OTCMKT:AZSEY) Looks at the US & EU Markets $AZSEY In Q-1, it appeared that inflation in the US would indeed move up, as  the labor market continued to show signs of strength and job creation remained strong. Economic growth in Q-1 was weaker than FY forecasts, but financial markets have come to […]

Fed Sees Lower Interest Rated for Longer

Fed Sees Lower Interest Rated for Longer

Fed Sees Lower Interest Rated for Longer After last week, the FOMC raised the fed-funds rates by a quarter of a point and Fed Chair Janet Yellen, during the press conference that followed the rate decision pointed to the relentless debate, which concerns practically all central bankers of the leading economies in the world, whether […]

Global Investors Rotating, Not Retreating

Global Investors Rotating, Not Retreating

Global Investors Rotating, Not Retreating $DIA, $DAX, $DJSH, $N300, $NSEI Global equities have recovered rapidly after a dip this month as technology firms sold off, signalling the investors are still confident about the last of the Trump reflation trades, as they take a more discerning approach to stock-picking. Despite that recent stumble, MSCI’s gauge of world stock […]

US Producer Prices Flat to Unchanged, Services Costs Rise

US Producer Prices Flat to Unchanged, Services Costs Rise

US Producer Prices Flat to Unchanged, Services Costs Rise US producer prices were flat to unchanged in May as energy costs recorded their biggest decliner in more than a year, suggesting a moderation in inflation after a rise at the start of the year. Inflation at the factory gate remains supported by sustained increases in […]

Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds $GLD, $SLV,$DIA, $GOVT Last  week ended with a new all-time high for the DJIA.  Keep in mind I am still a Big Bear on the stock market, but there’s no need to begin the depression any sooner than is necessary.  Still, I have to be honest […]

Soft US Inflation May Warrant Interest Rate “Rethink”

Soft US Inflation May Warrant Interest Rate “Rethink”

Soft US Inflation May Warrant Interest Rate “Rethink” $DIA,  $SPY,  $QQQ,  $VXX Tuesday, Fed Governor Lael Brainard said soft US inflation may cause her to reassess the path forward for monetary policy should it linger, even as the global economic outlook brightens and US growth looks poised to rebound. “If the soft inflation data persist, […]

FOMC Ties Rate Hikes to Economic Rebound

FOMC Ties Rate Hikes to Economic Rebound

FOMC Ties Rate Hikes to Economic Rebound The Fed (FOMC) policymakers agreed they should hold off on raising interest rates until they see evidence that a recent economic slowdown was transitory, mins from their 2-3 May policy meeting showed Wednesday. Nearly all policymakers at that meeting said they favored starting the wind-down of the Fed’s […]

US Stock Market Marks Record Highs

US Stock Market Marks Record Highs

US Stock Market Marks Record Highs $DIA, $SPY, $QQQ, $VXX The Big Q: Is the the US stock market rising because too much money is chasing too few opportunities? The Trump Trade, or investing in stocks in hopes that the President’s policies will boost economic growth, is not the main driver of this market, says […]

ECB’s Draghi Cautiously Upbeat on Eurozone

ECB’s Draghi Cautiously Upbeat on Eurozone

ECB’s Draghi Cautiously Upbeat on Eurozone The Head of the European Central Bank (ECB) says that risks to the strengthening economy of the 19-country Eurozone have fallen insisting it is too early to declare victory and start withdrawing stimulus measures. Mario Draghi said in remarks delivered Wednesday in the Dutch Parliament that recent data confirm […]

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Inflation & Trading Technical Analysis

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Inflation & Trading Technical Analysis

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Inflation & Trading Technical Analysis Highlights *Malaysia Inflation Rate Highest In Over 8 Years *Inflation set to accelerate and average 3%-4% on oil prices *Gross domestic product is forecast to expand 4.3 percent to 4.8 percent this year Overall, the bias in prices is: Sideways. Short term: […]

World War 3: Bullish on Gold (NYSEArca:GLD)

World War 3: Bullish on Gold (NYSEArca:GLD)

World War 3: Bullish on Gold (NYSEArca:GLD) $GLD, $SLW, In times of War or other upheaval, people turn to Gold (NYSEArca:GLD). When economies wobble and governments fall, Gold has always been seen as the best way to preserve wealth. The Y-Y change in the consumer price index has already risen from 0 to 2.5%. When […]

Trump Effect: US Consumer Optimism Strongest Since November 2000

Trump Effect: US Consumer Optimism Strongest Since November 2000

Trump Effect: US Consumer Optimism Strongest Since November 2000 $DIA, $SPY, $QQQ, $VXX Consumer sentiment climbed in early April to 3-month highs as consumer optimism on current economic conditions under President Donald Trump rose to its strongest marks since November 2000. The University of Michigan Surveys of Consumers (MSI) said its preliminary April consumer sentiment […]

Bullish Gold: A Case Study for Gold’s Price Run to $2,500 oz

Bullish Gold: A Case Study for Gold’s Price Run to $2,500 oz

Bullish Gold: A Case Study for Gold’s Price Run to $2,500 oz $GLD, $GDX, $SLW, $EXCFF Those who read this column know that I have been Bullish Gold for several months after noting the end of the Bear cycle in the precious Yellow metal and new forces that will contribute to an even stronger advance […]

Mexico Now Optimistic About Trump Presidency

Mexico Now Optimistic About Trump Presidency

Mexico Now Optimistic About Trump Presidency $JPM Mexico is growing more optimistic about The Trump Presidency because items he promised as a candidate have not yet come to fruition, namely, revising or cancelling the North American Free Trade Agreement (NAFTA) and building a wall on the US southern border, in addition to executive order setbacks to deport illegal […]

Fed Minutes: FOMC Eyes Change to Debt Holdings Policy Ahead

Fed Minutes: FOMC Eyes Change to Debt Holdings Policy Ahead

Fed Minutes: FOMC Eyes Change to Debt Holdings Policy Ahead $DIA, $SPY, $QQQ, $VXX Most FOMC policymakers think the Fed should take steps to begin trimming its $4.5-T balance sheet later this year as long as the economic data holds up, minutes from their March meeting revealed. Uncertainty is substantial, the Fed said, comment on […]

The Trump Effect: American Consumer Sentiment “Sunny”

The Trump Effect: American Consumer Sentiment “Sunny”

The Trump Effect: American Consumer Sentiment “Sunny” $DIA, $SPY, $QQQ, $VXX US Consumer Sentiment rose in March as Americans registered “Sunnier” views about the state of their finances while becoming less upbeat about the long-term economic outlook, University of Michigan (MSI) survey data showed Friday. Key Points are as follows: Final sentiment index rose to […]

They Call it “Monetary Policy”

They Call it “Monetary Policy”

They Call it “Monetary Policy” $DIA,  $SPY, $GLD,  $SLV The Dow Jones made its last all-time high on March 1st, and since then its valuation has been slowly deflating.  It closed this week only nine Dow Points away from breaking below its BEV -2.50% line in the chart below. After the amazing 32 new daily […]

Contrarians See Trump Calmed S&P 500 VIX as Sell Signal

Contrarians See Trump Calmed S&P 500 VIX as Sell Signal

Contrarians See Trump Calmed S&P 500 VIX as Sell Signal $SPY, $VXX American investors are projecting that The Trump Administration will be the catalyst to boost corporate earnings going forward. They are betting that they are right. “Given the intensity of the political ferment in our country, the Zen-like calm of stock market investors is […]

Inflation Back, Deflation Demons ‘Dead’, Growth Ahead

Inflation Back, Deflation Demons ‘Dead’, Growth Ahead

Inflation Back, Deflation Demons ‘Dead’, Growth Ahead $DIA, $SPY, $QQQ, $VXX The “Demons of Deflation” are in the dust-bin on a uptick in price pressures globally, prompting investors to seek protection in inflation-protected bonds. A year ago, it was deflation, falling prices that restrain consumer spending and economic growth that plagued investors and central banks, […]

FOMC Raised Rates, Yellen Not Worried About Downside Risks

FOMC Raised Rates, Yellen Not Worried About Downside Risks

FOMC Raised Rates, Yellen Not Worried About Downside Risks The FOMC raised interest rates Wednesday, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank’s target. The decision to lift the target overnight interest rate by 25 basis points to a range of 0.75 percent […]

Seeing a Base-Line Shift in Commodity Prices

Seeing a Base-Line Shift in Commodity Prices

Seeing a Base-Line Shift in Commodity Prices $DIA, $GLD, $SLV The US stock market, as measured by the Dow Jones Industrial Average (DJIA) (NYSEArca:DIA) seems to be at an inflection point.  It hasn’t seen a new all-time high since March 1st.  And for what it’s worth, trading volume (market demand) for the 30 blue-chip companies […]

Expect US Financial Market to Hold with DJIA 22,000 Possible

Expect US Financial Market to Hold with DJIA 22,000 Possible

Expect US Financial Market to Hold, DJIA 22,000 Next? $DIA, $SPY, $QQQ, $VXX The DJIA has risen about 14% since the November 8 Presidential election marking an  intrday high of 20,851.33. That’s within 6% of 22,000, the next round number (resistance) that investors and traders are looking at. “I think 22,000 is what is justified […]

President Donald Trump is in The Gold Bulls Camp

President Donald Trump is in The Gold Bulls Camp

President Donald Trump is in The Gold Bulls Camp $GLD, $SLV, $USD Statements last week by US Treasury Secretary Steven Mnuchin put The Trump Team in the Gold Bulls Camp Last Friday, Gold charged North for the 5th day running in heavy trade as the Trump-trade on financial markets begin to unwind, the USD weakens and interest […]

Here is the Proof, Rising Interest Rates are Good for Gold

Here is the Proof, Rising Interest Rates are Good for Gold

Here is the Proof, Rising Interest Rates are Good for Gold $GLD,  $USD, $XAUUSD You will recall that when the Fed raised interest rates in December, and the publicly spoke its plan to do so 3X more times in Y 2017, the conventional wisdom suggested gold should fall. The theory: Gold is a non-yielding asset, […]

Gold & Inflation Moving Higher, Faster

Gold & Inflation Moving Higher, Faster

Gold & Inflation Moving Higher, Faster $GLD Investors are buying Gold by relying on simple investment-related mathematics Gold will follow inflation to much higher price marks, some say as high a 5,000 oz long term, I have called it at 2,500 in the mid to long term. “Gold is going up faster than the stock market,” […]

Inflationary Pressures Loom in China, as Economy Firms

Inflationary Pressures Loom in China, as Economy Firms

Inflationary Pressures Loom in China, as Economy Firms Accelerated consumer and industrial prices growth indicates nascent inflationary pressure on the Chinese economy, despite the good start to Y 2017. The CPI (consumer price index) rose 2.5% Y-Y last month, fractionally above market expectations of 2.4% and the strongest in 2.5 years. Meanwhile, industrial inflation expanded […]

Trump Rally Extends on Economic Growth, Consumer Prices Up

Trump Rally Extends on Economic Growth, Consumer Prices Up

Trump Rally Extends on Economic Growth, Consumer Prices Up $DIA, $SPY, $QQQ, $VXX US stock market indexes finish at record highs for 5th day running US consumer prices recorded their biggest increase in nearly  4 years in January as households paid more for gasoline and other goods, suggesting inflation picking up. The US Labor Department said […]

The Fed is Breathing Life into Gold Bulls

The Fed is Breathing Life into Gold Bulls

The Fed is Breathing Life into Gold Bulls $GLD Thursday, volume and prices spiked on call options giving holders the right to buy Gold at higher prices. Wednesday, investors poured $413-M into SPDR Gold Shares (NYSEArca:GLD), the largest ETF backed by the metal, recouping almost 50% of the money that exited in January. The Fed […]

Gold is the Safest Investment in a Volatile Political Atmosphere

Gold is the Safest Investment in a Volatile Political Atmosphere

Gold is the Safest Investment in a Volatile Political Atmosphere $GLD Savvy asset managers predicts that the only safe investment in a  volatile political and economic atmosphere is Gold. “Gold is one of the few things you should own,” a UK hedge fund manager said Wednesday. Adding, “…hat there are very few, if any, safe […]

Little Chance the Fed will “Snuff Out” Expansion Anytime Soon

Little Chance the Fed will “Snuff Out” Expansion Anytime Soon

Little Chance the Fed will “Snuff Out” Expansion Anytime Soon $DIA, $SPY, $QQQ, $VXX The Fed is unlikely to take actions that would “snuff out” the current US economic expansion anytime soon because inflation is not a problem, according to Federal Reserve Bank of New York President William Dudley. Tuesday, Mr. Dudley, in a speech […]

US Consumer Confidence at 12 Year Highs

US Consumer Confidence at 12 Year Highs

US Consumer Confidence at 12 Year Highs Consumer confidence jumped to the highest level since Y 2004, extending Americans’ optimism for their finances and the US economy following Donald Trump’s Presidential election victory. The University of Michigan said Friday that its MSI (final index of sentiment) rose to 98.2 from 93.8 in November. The median […]

US Consumer Confidence Running High

US Consumer Confidence Running High

US Consumer Confidence Running High Consumer Confidence rose more than forecast this month as Americans expressed the Sunniest picture of their financial situation in 11 years, extending a boost following Donald Trump’s election victory. The University of Michigan (MSI) said Friday that its preliminary index of sentiment rose to 98, the highest since January 2015, […]

Strong US Housing Market to Bring Fed Rate Hike

Strong US Housing Market to Bring Fed Rate Hike

Strong US Housing Market to Bring Fed Rate Hike October Existing Home Sales and November Philadelphia Fed Non-Manufacturing Index Sales: +2%; Prices (Over-Year): +6%/ Phil. Fed (NonMan.): -10.7 points; Orders: +6.9 points; Hiring: +5.8 point. The National Association of Realtors (NAR) reported that in October, existing home sales hit their highest pace since February 2007. […]

Bond Trader Signaling Coming Inflation

Bond Trader Signaling Coming Inflation

Bond Trader Signaling Coming Inflation The rout in the fixed-income arena deepened into the worst in 15 years as traders sounded the alarm on inflation amid speculation US President Elect Donald Trump’s spending pledges will boost economic growth. Yields on benchmark 10-year US Treasuries posted their steepest back-to-back weekly increase since Y 2001, and a bond-market […]

US Stocks Finished Flat to Unchanged on High Volume

US Stocks Finished Flat to Unchanged on High Volume

US Stocks Finished Flat to Unchanged on High Volume $DIA, $SPY, $QQQ, $VXX US stocks came back from an early losses and finished flat to unchanged Monday. Technology companies like Apple (AAPL) and Microsoft (MSFT) saw big losses on fears about their overseas revenue, but bank stocks continued to rise along with bond yields. Technology […]

Trump Victory Augurs US Banks Enhanced Profitably

Trump Victory Augurs US Banks Enhanced Profitably

Trump Victory Augurs US Banks Enhanced Profitably $XLF US President Elect Donald Trump has greatly enhanced the outlook for US bank profitability, as he is laying the foundation for a steeper yield curve and financial deregulation. Recognizing this, investors are acting with record 1-day inflows of more than $2.1-B into the Financial Select Sector exchange […]

US Long Dated Treasuries Up Signaling Rising Inflation

US Long Dated Treasuries Up Signaling Rising Inflation

US Long Dated Treasuries Up Signaling Rising Inflation $SPY Donald Trump’s victory in the US Presidential race is driving mutual fund managers out of dividend stocks and into the shares of financial, industrial and materials companies that benefit from rising inflation. Although inflation remains subdued by most measures, US longer-dated Treasury yields rose Thursday to […]

Gold Wins No Matter Who Is Elected US President

Gold Wins No Matter Who Is Elected US President

Gold Wins No Matter Who Is Elected US President $GLD, $NUGT With the Y 2016 Presidential election on 8 November, many Americans are concerned about the fate of the nation. The Big Q’s” What will happen to the economy under the new administration, to Crude Oil prices, property values, the stock market, +++? There is […]

The Anemic Recovery from Great Recession Surprise Economists

The Anemic Recovery from Great Recession Surprise Economists

The Anemic Recovery from Great Recession Surprise Economists $DIA, $SPY, $QQQ, $VXX Friday, the Federal Reserve Chairwoman Janet Yellen said that the slow recovery from the Great Recession has surprised economists, confounding long-held beliefs about growth and inflation. Speaking to an economic conference at the Federal Reserve Bank of Boston,  Ms. Yellen did not address […]

Rising Inflation Augurs Record High Gold Price, Stock Correction

Rising Inflation Augurs Record High Gold Price, Stock Correction

Rising Inflation Augurs Record High Gold Price, Stock Correction $DIA, $SPY, $QQQ, $VXX, $GLD Rising inflation and sagging confidence in the ability of central banks to revive global growth will drive up Gold price, and bullion could climb to a record in the next 2 years. Consumer prices are set to rise as Crude Oiil […]

Obama’s Description of His Legacy is Excessively Charitable to Himself

Obama’s Description of His Legacy is Excessively Charitable to Himself

Obama’s Description of His Legacy is Excessively Charitable to Himself US President Barack Hussein Obama recently celebrated the 7th anni of the passage of the American Reinvestment and Recovery Act, or as most Americans likely remember it, the $830-M stimulus package. The benefits of the stimulus are up for debate, but Mr. Obama is absolutely […]

Fed Official Cautions Colleagues on Raising Interest Rates

Fed Official Cautions Colleagues on Raising Interest Rates

Fed Official Cautions Colleagues on Raising Interest Rates $DIA, $SPY, $QQQ, $VXX Federal Reserve Bank of New York President William Dudley suggested the central bank should be cautious in raising interest rates, given limits on its ability to respond to a recession with borrowing costs close to Zero meaning out of tools. Noting concerns from […]

Divided FOMC Stood Pat on Rates, Tone “Hawkish”

Divided FOMC Stood Pat on Rates, Tone “Hawkish”

Divided FOMC Stood Pat on Rates, Tone “Hawkish” $DIA, $SPY, $QQQ, $VXX A divided Federal Open Market Committee (FOMC) left the fed funds rate unchanged for a 6th meeting running, saying it would wait for “more evidence of progress toward its goals”, while projecting that an increase is likely by year-end. “Near-term risks to the […]

Fed Welcomes Uptick in Inflation

Fed Welcomes Uptick in Inflation

Fed Welcomes Uptick in Inflation US consumer prices rose more than expected in August as healthcare costs recorded their biggest gain in 32.5 years, pointing to a steady build-up of inflation that could allow the US Fed to raise interest rates this year. The cost of living last month was also pushed up by continuing […]

The US Fed has Not Delivered on the Economy

The US Fed has Not Delivered on the Economy

The US Fed has Not Delivered on the Economy The US Fed is stuck to actions devised by Ben S. Bernanke that have not worked to restore strong economic growth since the Great Recession The US central bank’s adherence to the idea that unemployment and weak demand can be cured with policies that encourage consumers, businesses and governments […]

Personal Income, Wages, Salaries, Savings Advanced in July

Personal Income, Wages, Salaries, Savings Advanced in July

Personal Income, Wages, Salaries, Savings Advanced in July $DIA, $SPY, $QQQ, $VXX US consumer spending increased for a fourth straight month in July amid strong demand for automobiles, pointing to a pickup in economic growth that could pave the way for the Federal Reserve to raise interest rates this year. The Commerce Department said Monday […]

US Consumer Prices Unchanged, Inflation Slows

US Consumer Prices Unchanged, Inflation Slows

US Consumer Prices Unchanged, Inflation Slows $DIA, $SPY, $QQQ, $VXX US consumer prices were unchanged in July as the cost of gasoline fell for the 1st time in 5 months and underlying inflation slowed, which could further diminish prospects of a US Fed interest rate increase this year. The Labor Department said Tuesday that the […]

The US Consumer Pauses, Spending Halts, Economy Stalls

The US Consumer Pauses, Spending Halts, Economy Stalls

The US Consumer Pauses, Spending Halts, Economy Stalls $DIA, $SPY, $QQQ, $VXX “The consumer paused in July and with price pressures soft, the Fed members will probably gain a few more grey hairs.” — Joel Naroff, Economist The Consumer Data: July Retail Sales and Wholesale Prices Sales: 0%; Excluding Vehicles: -0.3%/ PPI: -0.4% Excluding Food […]