Archives by Month:
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
More ‘Junk’ Talk
Ok, so this is one of those things that’s intuitive but simultaneously noteworthy (usually when something’s intuitive, it’s not worth mentioning by virtue of the fact that it’s self- evident). First, a (very) brief recap. IG has been outperforming HY for months. This is something we’ve documented extensively. You want to keep track of this […]
China PMI Vs Dr Copper
The August round of official PMI data from China showed some mixed signals, and a little bit of something for everyone, but overall a signal of steady as it goes for now. The manufacturing PMI was up +0.3 to 51.7 while the non-manufacturing PMI was down -1.1 to 53.4 with the breakdown: Service index -0.5 to 52.6 […]
Gold And Bitcoin Hype Hits Stratosphere (Part 1)
The hype and nonsense Bitcoin and gold has blasted through the troposphere into the stratosphere. I suppose hype could get higher. The next target is the mesosphere. Some of those residing on terra firma are tired of the hype. I am one of those. Let’s kick off the discussion of gold hype although Bitcoin is far […]
IRA And 401k Investment Decisions You Must Make
Adults are faced with many tough decisions. Your career, education and picking a partner (or none at all) are common examples. While you may consult with experts, family, and friends, some decisions you must make for yourself. The consequences of those decisions may impact the rest of YOUR life. “I’ll worry about retirement later” is […]
Has The Euro Topped?
At least in the short term anyway? Remember, that based on my USD update from yesterday, I am still looking for a 5-6 month Intermediate Cycle Low (ICL) in the USD. The Dollar has rallied hard off yesterdays low and as you would expect, the EURO is showing signs of topping here. I have taken […]
EUR/USD Drops 200 Pips And Challenges 4th Wave Pattern
EUR/USD 4 hour The EUR/USD has made a sharp bearish decline and is now testing the outer limits of a potential wave 4 (purple). A break below the 61.8% makes a wave 4 unlikely and the wave structure would change where wave 5 (purple) of wave 5 (green) of wave 3 (green) would be completed […]
The EU Is Treating The UK Like Greece – 5 Worrying Similarities
Five months after the UK officially triggered Article 50 to leave the EU, the Brexit negotiations are currently in their third round and not going anywhere fast. The negotiations have worrying similarities to those with Greece. It did not end quite well over there. Here are five similarities. It could get much worse from here: […]
Sensex Trades Marginally Lower; Telecom Stocks Witness Losses
Share markets in India are presently trading marginally lower. Sectoral indices are trading on a mixed note with stocks in the telecom sector and metal sector witnessing maximum selling pressure. Energy stocks are trading in the green. The BSE Sensex is trading down 81 points (down 0.3%) and the NSE Nifty is trading down by 23 points (down 0.2%). The BSE Mid Cap index is trading flat, while […]
The Coming Contagion – CDS Sales Double From 2016
The issue of credit default swaps (CDS) in 2017 is running at twice that of last year reflecting rising concerns of another coming crash. The number of hedge funds and banks dealing with highly sensitive credit derivatives has reached almost $30 billion in 2017 up from only about $ 15 billion in 2016 and […]
As Far As Trump And Yields, Goldman Figures It Can’t ‘Feasibly’ Get Any Worse
There have been a lot of attempts recently to try and discern how much of the blame for falling yields and the flagging dollar can be placed at the feet of the man who they let do it only because he’s a star, Donald Trump. What makes these efforts so amusing is that some of […]
