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Sensex Trades In Red; Metal Stocks Witness Selling

Sensex Trades In Red; Metal Stocks Witness Selling

After opening the day in a red note, the Indian share markets have continued the downward spiral and are currently trading in the negative territory. All sectoral indices are trading negative, with stocks in the metal sector and the power sector witnessing maximum selling pressure. The BSE Sensex is trading down 165 points (down 0.5%) and the NSE Nifty is trading down 48 points (down […]
Asset Prices And Macroeconomic Outcomes: A Survey

Asset Prices And Macroeconomic Outcomes: A Survey

Asset Prices and Macroeconomic Outcomes: A Survey is the title of an excellent review authored by two leading experts, Stijn Claessens and Ayhan Kose, that is required reading for anyone who wants to glean the implications of asset price movements for what’s going to happen in the real economy. From the conclusion: Challenges to theoretical […]
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                        Market Briefing For Tuesday, Dec. 5

E Market Briefing For Tuesday, Dec. 5

A notable change in market behavior has been evidenced for two weeks, in a clearer way than the ongoing rotational action that preceded for months. Last week we saw a couple days during which the Senior Indexes were up a lot; or at least firmed substantially, while FANG and other presumed leaders more of a […]
The Disinformation War: The Attempt To Disregard Silver Investor Demand In The Market

The Disinformation War: The Attempt To Disregard Silver Investor Demand In The Market

Here is a Disinformation War taking place in the silver market as certain industry analysis is confusing individuals by purposely disregarding the tremendous impact of rising investment demand. Not only do I find this troubling, but I am also quite surprised how much the silver industry pays attention to this faulty analysis. So, it’s time […]
Silver And Gold Bottom Soon

Silver And Gold Bottom Soon

Silver and gold have hit a new low for the year during December in each of the last five years. They are on track for repeating their journey this year if we are to believe sentiment matters. And I do. Two measures allow us to gauge sentiment. My favorite is the DSI or Daily Sentiment Index put out by Jake […]
Vanguard Warns Of 2018 “Volatility”: Translation 3-5% Gains

Vanguard Warns Of 2018 “Volatility”: Translation 3-5% Gains

We have a new meaning of “volatile” today courtesy of Vanguard. Expect only 3-5% gains in 2018. Here’s a good one: Vanguard Warns More Volatility in 2018 May Hurt Equity Returns but expect positive returns anyway. Vanguard Group, which manages $4.8 trillion, wants investors to take note: 2018 may not be great for your portfolio. […]
Just When You’ve Thought You’ve Seen It All

Just When You’ve Thought You’ve Seen It All

I could understand it if its track record was spotty, or partially mixed. But the level of denial runs deep and wide with the yield curve. There is a growing chorus of nonsense, really, which is attempting to spin the flattening as some kind of benign technical rotation that through illogical convolution equals the opposite […]
Tech Wreck Erases ‘Ross Rout’ Rebound As Government Shutdown Fears Grow

Tech Wreck Erases ‘Ross Rout’ Rebound As Government Shutdown Fears Grow

The Top? Video length: 00:05:20 Bonds & bullion remain bid post the Ross Rout as Nasdaq sinks… And while stocks were exuberant overnight, only Trannies remain positive from the start of the Ross Rout… with Nasdaq getting monkey-hammered… (biggest reversal in the S&P 500 since Feb 2016) Equity momentum is getting smacked as investors rotate into […]
Terror In The Dow At 25,000

Terror In The Dow At 25,000

Today, the Dow Jones Industrial Average hit a high of 24,534.04. Not quite at my terror point, but close. The last time I used the analogy from the Twilight Zone episode when William Shatner sees a gremlin on the wing of the airplane he’s flying in, was when the Dow tried for 18,000. In 2015, […]