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Gold – Thursday, March 1

Gold – Thursday, March 1

Trading below 1,309 will activate stop orders. Source: INVESTING.com
Chart Predicts Every Market Crash In History

Chart Predicts Every Market Crash In History

The Fed blows bubbles. Then it eventually pops them. Where are we in the cycle? Bill Bonner writes This Has Predicted Every Market Crash in History. I recreated the chart in Fred and added trendlines. But let’s tune in to Bill Bonner. “Buy the dip” has worked for the last 38 years. And now, investors are […]
Economics For Independent Thinkers

Economics For Independent Thinkers

Economists are supposed to monitor and analyze the economy, warn us if risks are getting out of hand, and advise us on how to make things run more effectively — right? Well, even though that’s what most people expect from economists, it’s not at all how they see their role, warns CFA and behavioral economist Daniel […]
January Goods Trade Balance Dives

January Goods Trade Balance Dives

Figure 1: Goods trade balance (blue), and trade balance (red), in billions of $, SAAR. Orange shading denotes 2017M01-onward. Source: BEA/Census, author’s calculations. I think I’ve had enough of “winning so much”.
Stocks To Trade: ADSK, AMAT, FMC

Stocks To Trade: ADSK, AMAT, FMC

Thursday’s stock picks Long Autodesk (ADSK)   Long Applied Materials (AMAT) Short FMC Corp (FMC)
Gold Remains Under Pressure

Gold Remains Under Pressure

Gold prices ended Wednesday’s session nearly unchanged after shuffling between gains and losses following the sharp drop seen on Tuesday. The market continued to digest Fed Chairman Jerome Powell’s testimony that revived fears about more interest-rate increases than expected this year. The Fed is expected to push through the first rate increase of 2018 at […]
The US Currency Continued To Grow

The US Currency Continued To Grow

Yesterday, the US dollar continued to strengthen against the basket of the major currencies. The Fed`s Chairman Jerome Powell`s speech continues to support the US currency towards the Congress, which was held on Tuesday. The official said that the Federal Reserve will continue to gradually increase the interest rate in order to maintain stable economic […]
Best & Worst Real Historical Returns: Where To Invest?

Best & Worst Real Historical Returns: Where To Invest?

With the first stock market correction in over a year, having occurred in early February, there were many media narratives about what caused the selloff. We think it was driven by the unwind of the short VIX trade. Buying protection wasn’t considered important with the VIX at record lows in 2017. However, when nobody thinks there’s […]
AUD/USD Daily Analysis – Thursday, March 1

AUD/USD Daily Analysis – Thursday, March 1

AUD/USD extended its downside movement from 0.7988 to as low as 0.7717. Further decline is still possible and next target would be at 0.7600 area. Near-term resistance is located at the falling trend line on the 4-hour chart. Only a clear break above the trend line resistance could signal completion of the downtrend.
A Comment On The Return Of “It’s Baaaack”

A Comment On The Return Of “It’s Baaaack”

Twenty years ago, Paul Krugman warned that the liquidity trap was not just an issue in the economic history of the 30s. He noted there was every sign that Japan was in the liquidity trap in the 90s, then argued that a liquidity trap was theoretically possible. I guess one lesson is that economists even […]