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 […]






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 […]






PBOC: China Will Keep Monetary Policy Neutral

PBOC: China Will Keep Monetary Policy Neutral






PBOC: China Will Keep Monetary Policy Neutral $CNY China should keep its monetary policy stable and neutral, a Chinese central bank official said Wednesday. Yi Gang, deputy governor of the People’s Bank of China, made the remarks at the annual meeting of Chinese Economists 50 Forum (CE50) when responding to questions on China’s monetary policy. […]






Weak Crude Oil Prices Mirror US’s Weak Economy

Weak Crude Oil Prices Mirror US’s Weak Economy






Weak Crude Oil Prices Mirror US’s Weak Economy $DIA, $SPY, $QQQ, $VXX, $USO Late last month the US Energy Information Administration (EIA) reported that it was overstating domestic demand for Crude Oil and energy products to a “considerable degree”. Using imprecise and lagging data, the calculations for the amount of product being exported overseas was […]






Caution, Investors are Chasing Stocks, more Tactical than Fundamental

Caution, Investors are Chasing Stocks, more Tactical than Fundamental






Caution, Investors are Chasing Stocks, more Tactical than Fundamental $DIA, $SPY, $QQQ, $VXX Investors are no longer running from the stock market they are chasing it for reasons that are more tactical than fundamental: Caution. It is too early to tell where the UK’s new position in the overall context of the EU will be […]






The Fed Policy Makers are Fighting for Their Lives

The Fed Policy Makers are Fighting for Their Lives






The Fed Policy Makers are Fighting for Their Lives Something interesting happened the Friday (Quad Witching) before Brexit; trading volume exploded on a decline in the Dow Jones.  In the BEV chart below I inserted the daily trading volume (mils) for the Dow Jones instead of the usual BEV values to highlight what happened. It […]






Abenomics Not Likely to Lift Japan Out of Sluggish Growth

Abenomics Not Likely to Lift Japan Out of Sluggish Growth






Abenomics Not Likely to Lift Japan Out of Sluggish Growth Statistics released Wednesday showed Japan recorded better-than-expected economic growth numbers in Q-1 of the year. However, economists said the real picture may not be as rosy as it looks to be based on preliminary statistics. The reform plans championed by Prime Minister Shinzo Abe, known […]