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US Corn Crop Large, But Maturity Limits Upside – Bean Pods High

US Corn Crop Large, But Maturity Limits Upside – Bean Pods High

Market Analysis Pro Farmer’s Midwest Crop Tour results showed record yield potential when field scouts were moving through the eastern and western states of the Midwest, but their results for IL, IA and MN last two days revealed more corn yield variability and lower average yields than was anticipated before the tour began. Excess rains […]
Stocks And Precious Metals Charts – Probabilities And Possibilities, And The Wisdom To Know The Difference

Stocks And Precious Metals Charts – Probabilities And Possibilities, And The Wisdom To Know The Difference

“Most men of business think that ‘Anyhow this system will probably last my time. It has gone on a long time, and is likely to go on still’…Life is a school of probability.” Walter Bagehot Trump announced that his team has consummated a new trade deal with Mexico today, to replace NAFTA. One has to give […]
Gold Posts First Weekly Rise Since July: 5 Fund Picks

Gold Posts First Weekly Rise Since July: 5 Fund Picks

Gold prices touched its highest settlement in more than a year. This upsurge was prompted by the U.S. dollar registering its biggest weekly decline since February. The greenback weakened after Federal Reserve Chairman Jerome Powell signaled a “gradual” rate hike pace. Rising gold prices bode well for the overall precious metals market. Gold lost some […]
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                        San Francisco Fed On The Predictive Power Of Yield Curve Spreads

EC San Francisco Fed On The Predictive Power Of Yield Curve Spreads

A FRBSF maco economic letter discusses the yield curve and recessions. Please consider Information in the Yield Curve about Future Recessions. Although the U.S. economy is in a sustained expansion and many economic indicators show continued strength, concerns about a possible recession have emerged. One reason is the narrowing spread between long-term and short-term Treasury yields. […]
San Francisco Fed On The Predictive Power Of Yield Curve Spreads

San Francisco Fed On The Predictive Power Of Yield Curve Spreads

A FRBSF maco economic letter discusses the yield curve and recessions. Please consider Information in the Yield Curve about Future Recessions. Although the U.S. economy is in a sustained expansion and many economic indicators show continued strength, concerns about a possible recession have emerged. One reason is the narrowing spread between long-term and short-term Treasury yields. […]
Retail Sales Per Capita Tells The Real Story…

Retail Sales Per Capita Tells The Real Story…

Headlines skew reality because the media’s goal is to generate attention, not get the specifics of stories correct. This isn’t to say all or even most journalism is bad; it’s simply that journalists don’t think like investors and headlines aren’t always accurate. It’s easy to misinterpret trends if you read poor articles and then follow […]
Endo Rises After FDA Proposes Restricting Compounding Of Vasopressin

Endo Rises After FDA Proposes Restricting Compounding Of Vasopressin

Shares of Endo International (ENDP) are on the rise after the U.S. Food and Drug Administration proposed restricting the ability of companies that produce compounded medications in bulk from using three substances that are active ingredients in FDA-approved drugs. One of the three substances include vasopressin, the active ingredient in Endo International’s blood pressure drug […]
Fed Speakers Dial Back Hawkishness

Fed Speakers Dial Back Hawkishness

The Fed is currently engaged in an internal discussion about what to do once interest rates reach “neutral”; that is, the rate at which the economy is neither accelerated nor braked by the overnight interest rate. Where that “neutral” rate lies is part of the debate, but the market has basically priced an end to […]
Stocks Just Wanna Go Up; Trader Suggests “Avoid Discussing Why, How Far, Or Whether It’s Right”

Stocks Just Wanna Go Up; Trader Suggests “Avoid Discussing Why, How Far, Or Whether It’s Right”

It’s quickly coming to the end of summer, the U.K. is shuttered for a bank holiday and volumes are reportedly pitiful. It would be difficult to take anyone to task for writing today off as just another day to get through. And then we’ll see where things adjust. It doesn’t bolster the ‘get in there and trade up […]
Understanding The CFNAI Components – Mon., August 27

Understanding The CFNAI Components – Mon., August 27

The Chicago Fed’s National Activity Index, which we reported on yesterday morning, is based on 85 economic indicators drawn from four broad categories of data: Production and Income Employment, Unemployment, and Hours Personal Consumption and Housing Sales, Orders, and Inventories The complete list is available here in PDF format. In this morning’s Chicago Fed update, we learned that […]