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Why Bonds Are No Longer A “Safe Haven”

Why Bonds Are No Longer A “Safe Haven”

Bonds: A Crowded Trade In the financial markets, we have been waiting for a crash of U.S. stock prices. And waiting. And waiting. It still hasn’t come. Last week the spectacular bull market in U.S. stocks that began in March 2009 continued with even more gains. On Friday, the S&P 500 hit another all-time high. […]
JP Morgan Horizontal Range Imminent

JP Morgan Horizontal Range Imminent

JPMorgan (JPM:NYSE) is a global diversified bank holding company engaged in retail, commercial, and investment banking giant. With a market capitalization just shy of $245 billion, it ranks among the biggest financial institutions on the globe.  Its status of “too big to fail” has been modestly contained by increasingly draconian regulatory measures enacted over the […]
Dollar Lifted By ECB Front Loading QE And UK Slipping Into Deflation

Dollar Lifted By ECB Front Loading QE And UK Slipping Into Deflation

The US dollar is broadly higher as yesterday’s gains are extended.  The driving force is not so much a shift in perceptions of the US economy, though the San Francisco Fed that claimed seasonal adjustment quirks are behind the repeated weakness in Q1 GDP helped market sentiment yesterday in North America.   Rather the euro has […]
WTI Crude Oil Buying Short-Term Dips

WTI Crude Oil Buying Short-Term Dips

The WTI Crude Oil markets did very little during the session on Monday as traders came back from the weekend. It appears that the market is essentially settling at the $60 level, and as a result there isn’t much to do. I still believe that this market will eventually break out to the upside, but […]
Meet “The Most Bearish Investment Manager You Will Find Today”

Meet “The Most Bearish Investment Manager You Will Find Today”

“Maybe there’s someone hiding in their basement who’s more bearish than I am,” says Mark Spitznagel, but I’m “the most bearish investment manager that you will find today.” The billionaire founder of Universa Investments exclaims, “stocks are the side show of the world. They shouldn’t matter that much. They matter too much. They’re the realm of punters, […]
Why The Recent Oil Price Rally Is Unsustainable

Why The Recent Oil Price Rally Is Unsustainable

Crude oil prices have risen by about 40% over the past weeks after falling to a six-year low. Spot prices for Brent for example, were US$62.82 per barrel on 11 May 2015, up from US$46.09 per barrel on 22 January 2015, Energy Information Administration (EIA) data show. While some investors mull over prospects, others consider it […]
Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?

Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?

Do you remember what happened when Cyprus decided to defy the EU?  In the end, the entire banking system of the nation collapsed and money was confiscated from private bank accounts.  Well, the nation of Greece is now approaching a similar endgame.  At this point, the Greek government has not received any money from the […]
Money Is Coined Liberty – The Latest Salvos In The War On Cash

Money Is Coined Liberty – The Latest Salvos In The War On Cash

Another Keynesian Voodoo Economist Wants to See Cash Abolished We have a few more bad news and for a change also some good news with respect to the ongoing attempt to prepare the ground for a ban of cash currency. By now everybody should know how this works: Whenever another step to curtail individual liberty […]
Trading Signals – May 19, 2015

Trading Signals – May 19, 2015

EUR/USD looking for support below. The EUR/USD (ERO) pair fell during the session on Monday, showing that there is still a significant amount of resistance between the 1.14 level and the 1.15 level. At this point in time, we recognize that the market might pull back a little bit from here, but at the end of the […]
Gold Extends Gains But Falters Ahead Of $1235

Gold Extends Gains But Falters Ahead Of $1235

Gold prices initially advanced on Monday but encountered resistance below the 1235 level as a rebound in the dollar prompted investors to take profits after the precious metal’s sharp rally the week before. Since the beginning of last week, one beneficiary of the weakening greenback has been gold, posting its biggest gains since January following […]