US Consumer Spending on the Rise

US Consumer Spending on the Rise

$DIA, $SPY, $QQQ, $RUTX, $VXX Americans increased their spending in October at the fastest rate in 3 months even though income growth was essentially flat, its weakest showing in 13 months. The Commerce Department said Wednesday that consumer spending rose 0.3% last month, the best gainer since a 0.5% rise in July. An inflation gauge that is […]

Facts Do Not Square With Sensational Headlines…Tune Out the Noise

Facts Do Not Square With Sensational Headlines…Tune Out the Noise

$DIA, $SPY, $QQQ, $RUTX, $VXX Billionaire Ray Dalio said his macro hedge fund firm Bridgewater Associates does not have a net bet that the stock market will fall. A Wall Street Journal article published earlier Friday is “wrong,” Mr. Dalio wrote in a LinkedIn post. “I want to make clear that we don’t have any such […]

President Trump Will Continue to Defend the US Economy (Video)

President Trump Will Continue to Defend the US Economy (Video)

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 (+0.1%), DJIA (+0.1%), and NAS Comp (+0.1%) eked out incremental gains to close at record highs Monday. The Russell 2000 (-0.3%) closed in negative territory.  Before President Trump, China has intended to take over the world. White House economic adviser Larry Kudlow proclaimed that President Trump will […]

Fed Will Keep Monetary “Accommodative”

Fed Will Keep Monetary “Accommodative”

Sluggish inflation gives the Federal Reserve the leeway to keep borrowing costs low and help draw more workers into the labor market, San Francisco Fed Bank President Mary Daly said Saturday. “We’re lucky right now,” Ms. Daly said at University of California, Berkeley’s Clausen Center’s conference on global economic issues. “We can keep the policy […]

Gold: Investment Strategy

Gold: Investment Strategy

$XAU, $GLD, $GOLD, $NEM, $USD Emerging markets have/are adding to gold holdings, undeterred by prices near their highest levels in more than 6 years, as countries such as Russia and China diversify their Fx reserves, a trend we believe that is likely to continue. Central bank buying is important to the supply/demand dynamic for the […]

US Consumer Inflation Expectations Mark New Low

US Consumer Inflation Expectations Mark New Low

$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, the S&P 500 closed unchanged, as energy, financials outperformed US consumers’ inflation expectations declined in August and workers grew more pessimistic about their job situation, data from the New York Federal Reserve showed Monday, supporting the case for further interest rate cuts. The New York Fed’s monthly survey of consumer […]

Gold Headed to $2,300 oz, Stocks Seen Much Higher Too

Gold Headed to $2,300 oz, Stocks Seen Much Higher Too

$DIA, $SPY, $QQQ, $RUTX, $VXX, $XAU, $GLD The US stock market finished mixed Thursday, as investors weighed the resiliency of the US consumer Vs growth concerns. The S&P 500 (+0.3%) and DJIA(+0.4%) finished higher, while the NAS Comp (-0.1%) and Russell 2000 (-0.4%) finished lower. The overall uncertainty from the US-China trade dispute is high […]

Tame Producer Inflation Supports Case for Another Fed Rate Cut in September

Tame Producer Inflation Supports Case for Another Fed Rate Cut in September

US producer prices increased moderately in July, lifted by a rebound in the cost of energy products, while underlying producer inflation retreated, which could allow the Fed to cut interest rates again next month. The benign inflation report from the Labor Department on Friday could boost expectations for a half-percentage-point cut at the Fed’s 17-18 Sept. policy […]

US Economic Growth Short of President Trump’s Goals

US Economic Growth Short of President Trump’s Goals

$DIA, $SPY, $QQQ, $RUTX, $VXX President Trump blames the Fed for putting the US economy at risk while data shows an economy in “reasonably good” shape, as the Chairman of the central bank recently said. But,”reasonably good” is not what President Trump promised to deliver during his Y 2016 campaign, and at this point he […]

Uncertainty is Good for Gold

Uncertainty is Good for Gold

$XAU, $XAG, $GLD, $GDX, $GOLD, $NEW, $FNV, $AEM, $AU, $RGLD, $KGC, $GFI, $GDX, $GDXJ Investors buy gold for several reasons, but the Key 1 is geopolitical uncertainty, it is a powerful force when it comes to gold demand. With China devaluing its RMB Yuan and halting purchases of US agricultural products in response to President Trump’s additional […]

ECB Vs Fed in ‘Undeclared’ Currency War…Tensions Rising

ECB Vs Fed in ‘Undeclared’ Currency War…Tensions Rising

FLASH: Fed policy makers reportedly are being forced to cut interest rates because of the European Central Bank’s much-lower policy rate. If losing demand to Europe weakens US growth and threatens to push inflation too low, US rates also must also fall. “The ECB’s policy rate, at minus 0.4%, is already nearly 3 percentage points […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Unch, USD Firm, Crude Oil Up, Stocks Lower Headlines Asian shares at 6-week lows on trade worry Gold prices hold steady ahead of Fed’s rate announcement Crude Oil gains for a 5th day running after US stockpile drop  .DXY held firm Wednesday, as a wait-and-see mood prevailed. […]

Gold After The Fed, There is Comfort in Conflict

Gold After The Fed, There is Comfort in Conflict

$GLD $XAU  FLASH: Gold Bugs are betting there is more to the precious Yellow metal’s rally than interest rates. Gold is on its way to a 3rd straight monthly gainer, trading near 6-year highs as central banks signal easier monetary policy. The Fed is expected to cut U.S. interest rates by a Quarter point Wednesday. […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Higher Headlines Asia stocks gain ahead of Fed, GBP pressured by BREXIT uncertainty, Crude Oil prices rise on expectations Fed will cut rates, Gold slips as USD climbs. Gold: Gold prices dipped Tuesday as USD rose to 2-month highs, while […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up USD Up, Crude Oil Down, Stocks Lower Headlines Crude Oil falls on growth outlook concerns and positive news on Iran A Fed interest rate cut a certainty Asian shares drift lower, trade talks loom Gold rises as markets awaits Fed meeting Gold: Gold prices gained Monday […]

Gold Gained Friday as US Inflation Offset GDP Data

Gold Gained Friday as US Inflation Offset GDP Data

$GLD, $XAU Gold prices rose Friday, after slipping to more than 1-week lows in the prior session, as soft US inflation numbers offset better-than-expected Q-2 economic growth that kept bets alive for an interest rate cut next week. Spot gold was last seen up 0.4% at $1,419.10 oz Friday, but still on track for the […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up USD Up, Crude Oil Up, Stocks Down Headlines Crude Oil prices up as geopolitical tensions counter sluggish demand, Asian shares slide as ECB holds off easing, earnings mixed, Gold up on rate-cut bets; focus on US GDP data Gold: Gold prices steadied Friday after touching a […]

US Stock Indexes Pull Back from Record Highs

US Stock Indexes Pull Back from Record Highs

$DIA, $SPY, $QQQ, $RUTX, $VXX The US stock market indexes ended Thursday near session lows after spending the day in the Red. The DJIA (-0.5%) and S&P 500 (-0.5%) posted comparable losses while the NAS Comp(-1.0%) under-performed during the session. The top-weighted technology sector (-0.8%) was among Thursday’s weakest, while most of the remaining cyclical […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Flat USD Up, Crude Oil Up, Stocks Up Headlines Asian shares tick higher, euro near 2-month lows before ECB decision Crude Oil advances on Gulf tensions, but demand concerns cap gainers Gold steadies ahead of ECB decision; firm USD caps appeal Fed to cut rates for […]

Ray Dalio’s Theory: The 10 Yr Bull Market in Gold

Ray Dalio’s Theory: The 10 Yr Bull Market in Gold

$XAU, $GLD The SPDR S&P 500 ETF Trust (NYSE:SPY) has rallied 37.5% in the past 3 years, while the SPDR Gold Trust (NYSE:GLD) has lagged, gaining just 5.7% in that frame. Now comes Bridgewater Associates hedge fund manager Ray Dalio, who has recently said gold could be gearing up for a “Gold Bug” decade of returns. Paradigm Shift: in […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Firm, Crude Oil Up, Stocks Up Note: It is expected the Fed will lower its target range of 2.25%-2.50% by 25 basis points at a meeting ending on 31 July, but expectations for a larger 50-bpts cut been lowered on mixed signals from FOMC policymakers. […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat, Crude Oil Up, Stocks Up Note: Sterling was off Tuesday as investors worried Boris Johnson, the frontrunner to become the UK’s next Prime Minister, would trigger a “hard BREXIT” from the EU, seen as a risk for the British economy. Further, currency-market focus will […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Flat, Crude Oil Up, Stocks Down Note: Geopolitical fears were dominated by confrontation in the Crude Oil trade’s most important waterway escalating, with footage showing the Iranian military defying a British warship when it seized a tanker in the Strait of Hormuz Friday. Priced-in forecasts […]

Gold in Rally Mode, Investment Strategy

Gold in Rally Mode, Investment Strategy

$XAU, $GLD, $GOLD, $NEM, $USD FLASH: The prospects of the Fed cutting interest rates to near Zero this year has gold rallying to 6 year highs. Institutional investors like gold as a hedge against uncertain times, as gold has held value over centuries. The Big Q1: But does it make sense for individual investors? Here […]

Wall Street Fades into the Close, Options Expire with a Whimper

Wall Street Fades into the Close, Options Expire with a Whimper

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Fed’s Bullard: Rate Cut Will ‘Ratify’ What People Already Expect An interest rate cut may be necessary now, but that does not mean the Fed is on a path to dramatically lower rates, St. Louis Fed President James Bullard said Friday. Mr. Bullard, who argued unsuccessfully for such an […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Spiked, USD Steady, Crude Oil Up, Stocks Up Note: Friday is options expiry in the US, volatile: maybe, maybe not. The Buck steadied Friday, but was still on the defensive after Federal Reserve officials bolstered expectations of an aggressive rate cut this month to address weakening price […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Firm, Crude Oil Up, Stocks Off Notes: The International Monetary Fund (IMF) Wednesday said the dollar was overvalued by 6% to 12%, based on near-term economic fundamentals. With the 1st US interest rate reduction in 10 yrs expected later this month, 2 Fed policymakers sketched […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Firm, Crude Oil Up, Stocks Mixed Notes: With the 1st US interest rate reduction in 10 yrs expected later this month, 2 Fed policymakers sketched out arguments Tuesday on how deep the cut should be, even as a 3rd said she needs more data before […]

Factory Output Up More Than Estimated, Autos Advance

Factory Output Up More Than Estimated, Autos Advance

$F, $GM, $FCAU, $TM FLASH: America is open for business. US manufacturing output accelerated in June, climbing for the 2nd month running, thanks in large part to increased production of motor vehicles and parts. The Federal Reserve said Tuesday manufacturing production rose 0.4% last month, above the 0.2% expected by analysts in a poll. The June numbers […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Unch, Crude Oil Off, Stocks Mixed Notes: Most Asian stock markets rose Monday, but gains were limited as investors awaited US retail sales data and corporate earnings to gauge the health of the world’s biggest economy ahead of a likely US rate cut later […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Mixed, USD Firm, Crude Oil Off, Stocks Up Notes: China’s economic growth slowed to 6.2% in Q-2, its weakest pace in 27 years, as demand at home and abroad faltered in the face of mounting US trade pressure. EU foreign ministers will seek to figure out how […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Off, Crude Oil Up, Stocks Mixed Notes: Friday, China will release trade data for June, with analysts expecting exports to have fallen as weakening global demand and a sharp hike in US tariffs took a heavier toll on the world’s largest trading nation. OPEC Thursday […]

 Asia: Gold, USD, Crude Oil, Stocks & Commodities

 Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Off Crude Oil Up, Stocks Up Notes: Tensions have been high in the Middle East after attacks on tankers and the downing of a US drone by Iran last month, following President Trump’s withdrawal from a multi-party agreement with Tehran to end its nuclear program. […]

Campaign to Reinstate the Gold Standard in US Gathering Momentum

Campaign to Reinstate the Gold Standard in US Gathering Momentum

$XAU, $GLD, $USD The once-fringe fantasy of a return to the gold standard is creeping back into the mainstream. It has long been dismissed as a fool’s errand, on par with abandoning the Federal Reserve and other trappings of the modern economy. Mainstream economists deride it almost without exception. Reintroducing the gold standard would “be a disaster […]

Fed Needs More Information to Support Rate

Fed Needs More Information to Support Rate

$DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, a Fed policymaker expressed skepticism that an interest rate cut is the right move until there are more signs the economy is moving to a truly weaker path. “I prefer to gather more information before considering a change in our monetary policy stance,” Cleveland Fed President Loretta Mester said in […]

Fed Saying, “Got Gold”

Fed Saying, “Got Gold”

$XAU, $GLD, $USD Mr. Market started seriously pricing in the possibility of interest rate cuts. To be fair, the signal came from the Top of the economic politburo that matters that being the Federal Reserve. Speaking at an event at the Chicago Fed last Tuesday, Chairman Jerome Powell hinted that the Fed would likely cut […]

If you were paying close attention last week you Keyed on This…

If you were paying close attention last week you Keyed on This…

$EURUSD FLASH: Last week, Fed Chairman Powell said, “…we will act as appropriate to sustain the expansion.” With those few words Chairman Powell took the strength out of the argument for a recession because the Fed is very powerful. And with the stock market rallying, President Trump threatening more tariffs on China, stocks are just […]

US Consumers See Inflation Falling

US Consumers See Inflation Falling

US consumers’ inflation expectations deteriorated to their weakest levels since late Y 2017 in May, while their views on jobs and family finances grew less certain, according to a Federal Reserve Bank of New York survey published Monday. The weakening in inflation expectations may factor into Fed policymakers’ decision whether to lower interest rates in […]

The US Economy in Longest Expansion Ever.

The US Economy in Longest Expansion Ever.

This month, the US economy has been growing for 10 years running, tying the record for the longest expansion ever. Many people, including journalists and policy makers, see this as a great achievement. “I see nothing to celebrate. On the contrary, I think they are measuring success the wrong way”, says Narayana Kocherlakota He says, […]

Trade, Other Risks, Signal Rate Cut May Be “Warranted Soon”

Trade, Other Risks, Signal Rate Cut May Be “Warranted Soon”

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Growing expectations for the Fed to cut rates to address slower growth and muted inflation; 2-yr yield drops 12 bpts to 1.83% . St. Louis Fed President James Bullard (FOMC Voter) said that slower economic growth could be sharper-than-expected due to the trade uncertainty. Mr. Bullard added that […]

US Consumer Confidence Up in May, Economic Optimism Best Since 2000

US Consumer Confidence Up in May, Economic Optimism Best Since 2000

US consumer confidence rose in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite signs that activity was slowing after being temporarily boosted by exports and a build-up of inventories. The surge in confidence reported by the Conference Board on Tuesday came despite an escalation in tensions in […]

US Economy Continues to Expand

US Economy Continues to Expand

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: This economic expansion is set to become longest in US history, according to the latest leading-indicators data. The Conference Board Leading Economic Index (LEI) for the US increased 0.2% in April to 112.1, following a 0.3% increase in March, and a 0.2% increase in February. “The US LEI rose […]

President Trump Has an Really Good “Alternative” to the China Trade Deal

President Trump Has an Really Good “Alternative” to the China Trade Deal

$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street declines for 4th day running, finished near session highs President Trump firm on tariffs, driving concerns about the trade dispute with China The S&P 500 held its 50-Day MA at 2860 on the close The CBOE Volatility Index (VIX), Wall Street’s ‘fear factor’ closed well off session highs […]

Across the Aisle: President Trump and Dems Agree on $2-T Infrastructure Program

Across the Aisle: President Trump and Dems Agree on $2-T Infrastructure Program

FLASH: President Trump and Democratic congressional leaders agreed Tuesday to work together on a $2-T infrastructure program Senate Minority Leader Chuck Schumer (D:NY) said there was “good will in the meeting” and that the 2 sides agreed that infrastructure investments create jobs and make the United States more competitive economically with the rest of the […]

Weak Inflation May Lead Fed to Cut Interest Rates

Weak Inflation May Lead Fed to Cut Interest Rates

$USD, $SPY, $QQQ, $DIA FLASH: Slowing inflation may lead the Fed to cut interest rates, White House economic adviser Larry Kudlow said in a TV interview Monday. “The Fed is independent, but they have been themselves talking about coming and lowering their inflation target, which might mean a lower interest rate adjustment on their own […]

Positive Consumer Data Driving the Market

Positive Consumer Data Driving the Market

$SPY, $QQQ, $DIA US consumer spending surged 0.9% in March, the biggest gainer in about 10 years, as inflation pressures remain non-existent. The March gain was the biggest monthly increase since August 2009, the Commerce Department reported Monday. That is a big improvement after 3 months of lackluster readings in this Key segment of the economy. Consumer […]

Fed Must Cut Interest Rates Despite Strong 3.2% GDP Growth

Fed Must Cut Interest Rates Despite Strong 3.2% GDP Growth

FLASH: White House economic advisor Larry Kudlow says the Fed should still cut interest rates despite strong economic growth in Q-1. The government said GDP, expanded by 3.2% in Q-1 of this year, which the veteran financial guru and former Ronald Reagan adviser called “a blow out number.” “The inflation rate continues to slip lower […]

Being Bullish Gold and Gold Miners

Being Bullish Gold and Gold Miners

$GLD, $XAU, $USD Forbes.com recently published 3 reasons why savvy investors need to always own gold in their portfolios. Essentially, you can never play it too safe when it comes to investing. “Holding an overweight position of an unlevered asset with limited supply such as gold will offer one of the few safe havens for […]

US Factory Output Flat to Unchanged

US Factory Output Flat to Unchanged

US manufacturing output was flat to unchanged in March after 2 straight monthly decliners. The Federal Reserve said Tuesday manufacturing production last month was restrained by weak motor vehicle and wood products output. Data for February was revised up to show output at factories falling 0.3% instead of declining 0.4% as previously reported. Economists polled by […]

S&P 500 Up for 7 Day’s Running Seeing 2900 Next

S&P 500 Up for 7 Day’s Running Seeing 2900 Next

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The S&P 500 gained 0.5% Friday in a broad-based advance that was supported by a Goldilocks Employment Situation Report for March. The benchmark index advanced for the 7th session running, increasits its weekly gainer to 2.1%, and closed within 10 points of the 2900 level. The US labor market […]

US Economy Looks ‘Very Good’ in Here, Stocks Break Out on Volume

US Economy Looks ‘Very Good’ in Here, Stocks Break Out on Volume

$DIA, $SPY,$QQQ, $RUTX, $VXX FLASH: S&P 500 marks its Best Quarter since 2009 Friday the US stock market liked what it heard: The US and China held “constructive” trade talks in Beijing this week, according to Treasury Secretary Steven Mnuchin and the White House. Trade talks will continue next week in Washington with China’s Vice […]

US Stock Market is Strong, Tune Out the Noise

US Stock Market is Strong, Tune Out the Noise

$DIA, $SPY, $QQQ, $RUTX, $VXX The just released data of the US Bureau of Economic Analysis and the US Census Bureau show that the US monthly international trade deficit decreased in January 2019 from $59.9% in December (revised) to $51.1-B as expected, as imports decreased and exports increased. The goods deficit decreased $8.2-B in January […]

How Far South is China’s Rapid Growth Slowdown Headed?

How Far South is China’s Rapid Growth Slowdown Headed?

The growing mystery of where China’s rapid slowdown is headed may become the biggest risk on the horizon. The world economy. Recession Watch: The global economy’s in its weakest shape since the financial crisis 10 years ago. China got more affirming evidence of its Big slowdown, with industrial output and retail sales softening and a […]

Stocks Climb, Atlanta Fed Raises US GDP Forecast

Stocks Climb, Atlanta Fed Raises US GDP Forecast

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 Breaks Above 2800, and President Trump Grounds Boeing’s 737 Max 8 Aircraft S&P 500 broke above the 2800 mark, and all 11 sectors finished in the Green Weakening USD was an area of support for the broader market and the earnings prospects for multinational companies President Trump […]

The Rate Hike Holiday is Here!

The Rate Hike Holiday is Here!

US consumers expect prices to rise more slowly, according to the Federal Reserve Bank of New York, a decline in inflation expectations in February that likely reinforces policymakers’ reluctance to hike rates. It showed 1 and 3 year ahead inflation expectations were down 0.2 percentage points to 2.8% last month, with sharp declines in expected […]

Few Reasons to End Fed’s ‘patient’ Stance on Rates

Few Reasons to End Fed’s ‘patient’ Stance on Rates

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Next Fed rate hike several FMOC meetings ahead With inflation muted, but other risks to the US economy on the rise, the Fed’s patience on policy is nowhere close to running out, with 1 previously Kawkish central banker Tuesday signaling he could wait until at least June before touching […]

Global Economy May Have Bottomed Out

Global Economy May Have Bottomed Out

$GS, $USD, $USO, $OIL FLASH: On the global markets, some green shoots are emerging. The global economy may have already bottomed out, according to Goldman Sachs Group Inc. Chief Economist in a note Tuesday. While growth remains soft, Goldman’s current activity indicator in February is slightly above the downwardly-revised December and January numbers. Some green […]

Owning Gold Make a Lot of Sense in Here

Owning Gold Make a Lot of Sense in Here

$GLD, $SLV, $USD FLASH: The Dem’s Green New Deal is silly and not worth our attention. But it implies we can have anything we want if the Fed extends credit. FACT: The 2 biggest US stock market rallies happened when the budget deficit was disappearing or had disappeared. Calvin Coolidge led the US through most […]

The Untold Story of Nixon’s $35 Gold Peg

The Untold Story of Nixon’s $35 Gold Peg

By Mark J. Lundeen $GLD, $SLV, $USD The Dow Jones in its BEV chart below is charging up the hill with eyes fixed on making new all-time highs.  In the past week it has advanced 2.9% BEV points, leaving only 3.52% BEV points to go before it once again makes stock market history.  Another couple […]

The FOMC Minutes, What They Mean

The FOMC Minutes, What They Mean

FLASH: The Trump Policy at Work for Americans The Key takeaways from the FOMC Minutes from the 29-30 January meeting, as follows: There was widespread agreement for the FOMC to end shrinkage of the $4-T balance sheet by the end of the year. The timetable ends uncertainty over whether shedding assets would further tighten financial conditions. The […]

Gold and Mining Stocks Looks Bright & Shiny

Gold and Mining Stocks Looks Bright & Shiny

$GLD, $GOLD, $USD, $GDX, $GS FLASH: The savvy observers see Golden opps in the precious Yellow metal and its miners. Last September in this column we suggested it was time for investors to add gold to their portfolios. And that data shows that since that time, gold has gained nearly 10%. Gold marked to a […]

Fed says, “Economy in Good Place”

Fed says, “Economy in Good Place”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Fed officials are getting their stories aligned on the US economy. Cleveland’s Loretta Mester says it’s in a “very good spot.” Or a “pretty good place,” as Kansas City’s Esther George has it, faithfully echoing Chairman Jerome Powell’s “the economy is good.” Their remarks, made Tuesday and Wednesday, aim […]

Real Inflation is Here, Gold is the Hedge of Choice for Savvy Participants

Real Inflation is Here, Gold is   the Hedge of Choice for Savvy Participants

$GLD, $USD Some economists who favor the ‘dollar/gold price’ seem to be blind to the rise in financial power of the precious Yellow metal. We believe that real inflation will become a better gauge to see how well this metric is doing. Using USD’s strength to measure net worth in the US could give 1 the impression that […]

Inflation Muted, Fed ‘Patient’ on Interest Rate Hikes

Inflation Muted, Fed ‘Patient’ on Interest Rate Hikes

$DIA, $SPY, $QQQ, $RUTX, $VXX US wholesale prices fell last month on a steep fall in gasoline prices suggesting that inflation will remain tame in the coming months. The Labor Department said that the producer price index, which tracks cost changes before they reach the consumer fell 0.2% in December from the prior month. The drop […]

Stocks Cautious on China Growth, Financials and Industrials Lead, Gold in Favor

Stocks Cautious on China Growth, Financials and Industrials Lead, Gold in Favor

$DIA, $SPY, $QQQ, $RUTX, $GLD, $VXX Trade tensions should not disturb your portfolio’s peace of mind. To help prevent your portfolio from becoming “trade war collateral,” consider diversifying your assets to minimize exposure. Assets like physical Gold and Silver are historically known to perform well during turmoil in such dust ups. Recently, Jim Cramer urged investors frightened […]

Steady, Sustainable US Economic Growth Means No Recession in Sight

Steady, Sustainable US Economic Growth Means No Recession in Sight

Steady, Sustainable US Economic Growth Means No Recession in Sight The November Employment Report Sustainable is good, job growth is finally trending. The Key Data: Payrolls: +155,000; 3-Month Average: 170,000; Private: +161,000; Revisions: -12,000; Hourly Wages: +0.2% Over-Year: +3.1% What it means: Job gains in November were below expectations. The idea we could sustain hiring […]

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