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Is Economic Growth In Its Final Innings?

Is Economic Growth In Its Final Innings?

It’s the same story pretty much everywhere: Cities and states promised ridiculously generous (by today’s standards) pensions to teachers, cops and firefighters, failed to sufficiently fund the plans and invested the money they did have very badly. And now the weight of the resulting unfunded obligations are crushing not just plan recipients but entire communities. […]
What Is “Solid Economic Reasoning”?

What Is “Solid Economic Reasoning”?

Writing in The Nation, Robert Pollin asserts: All of [Bernie Sanders’s] major proposals are grounded in solid economic reasoning and evidence. Reading this statement, I was quite surprised. Despite the fact that many of the proposed policies would, in my opinion, likely prove beneficial — greater infrastructure spending for instance — the key question surrounds the impact of […]
U.S. Dollar Braces For NFP – Rally To Offer Favorable Short Entries

U.S. Dollar Braces For NFP – Rally To Offer Favorable Short Entries

US Dollar Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: The Dow Jones FXCM U.S. Dollar Index (Ticker: USDOLLAR) is working on its fifth day of consecutive declines after reversing off confluence resistance at 12030 noted on Monday. Heading into Non-Farm Payrolls tomorrow, the immediate short-bias is at risk while above the median line extending off the yearly high with interim resistance […]
Gold Soars 16% In Q1 – Best Start To A Year In 42 Years

Gold Soars 16% In Q1 – Best Start To A Year In 42 Years

Gold’s 16.1% surge in Q1 2016 is the best start to a year since 1974. Overall, this is the best quarter since Q3 1986 and is the best performing major commodity of the year. Gold rallied this year as it cemented its status as a store of value amid financial market turbulence and concern about the global economy, […]
Quarter End Repetition

Quarter End Repetition

It is quarter end, so illiquidity irregularity is to be expected except that it isn’t irregular really. Eurodollar futures have been heavily bid for three days in a row now, leaving four consecutive up days for the first time since the liquidations. And because I am a sucker for fractal behavior, repo markets proved that […]
Watch This Small Uranium Miner Once It Breaks Out: Fission Uranium

Watch This Small Uranium Miner Once It Breaks Out: Fission Uranium

TM Editors’ Note: This article discusses a penny stock/microcap. Such stocks are easily manipulated; do your own careful due diligence. It is very rare that we write about the uranium market. A while back, we concluded that uranium could be setting up for a breakout, although it eventually refused to do so. So far, we do not […]
GDX And GLD Spike Trade Setup

GDX And GLD Spike Trade Setup

Here are my charts of GDX and GLD during pre-market trading today (Thursday, March 31st). I sent this chart to my followers alerting them of today’s market bias and intraday trade setup. If you don’t know what spike alerts are, let me explain briefly. In short, the market gives of these rogue price spikes which […]
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                        Confusion And Delay

E Confusion And Delay

Confusion and delay ultimately have a price to pay. That’s the case whether it is the perpetuating of a ‘bad news is good news’ monetary policy of low rates for an infinite period of time, or whether it’s a lack of cohesive strategies to engage terrorists in Europe, ‘as if’ it’s still early enough to […]
USDJPY: Risk Points Higher On Correction

USDJPY: Risk Points Higher On Correction

USDJPY: With the pair halting its weakness on two rejection candles, it now looks to recover higher. On the downside, support comes in at the 112.00 level where a break if seen will aim at the 111.50 level. A cut through here will turn focus to the 111.00 level and possibly lower towards the 110.50 […]
General Motors Charges Into China, New Buying Opportunity

General Motors Charges Into China, New Buying Opportunity

General Motors (GM) has set sights on producing more than 9.8 million vehicles in 2016 and exceeding the record it set in 2015. From the fundamental baseline, GM is strong and growing stronger. Its core business dynamics are excellent. The price to earnings ratio is a reasonable 5.25, and experts have rated the stock as a buy for […]