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Macro: Industrial Production – Flat-Lined

Macro: Industrial Production – Flat-Lined

Image Source: Pexels Industrial production has flat-lined over the past year. The YoY growth number is still negative but a bit better in Nov at -.4%. Dec 2022 was bad, so with a flat index for the next 2 months, YoY growth will be positive 1.1% for Dec23 and return to no growth in Jan24. We […]
America’s Corn Crop Comes From “Corny” Subsidies

America’s Corn Crop Comes From “Corny” Subsidies

Photo by Waldemar on Unsplash Corn is grown in the United States as a staple crop for human food, as cattle feed, and as input for conversion to corn ethanol. The federal laws and rules for the corn ethanol industry were initiated in the 1970s and have continued today with ethanol subsidies. The federal corn ethanol sales pitch is […]
Investing In 2024: Gold, Oil, And Uranium Forecast

Investing In 2024: Gold, Oil, And Uranium Forecast

Image Source: Unsplash In this Wealthion interview, James Conner (BloorStreetCapital) & Rick Rule have an in-depth discussion on the 2024 investment landscape.Rick Rule, an investor specializing in natural resources, shares his valuable insights on gold, oil, uranium, and the overall economic outlook as we head into the new year.Video Length: 00:49:25More By This Author:Fed’s 2024 Agenda: […]
Is Inflation Actually Normalizing?

Is Inflation Actually Normalizing?

Image Source: Pixabay I’m agnostic on this question. But I do have strong views on a related issue—wage inflation is the only inflation that matters. The Fed needs to get wage inflation down close to 3%. Are they doing so? I’m not sure. The FRED data site says average hourly earnings are up 4% over the past 12 […]
This $1 Billion Collapse Shows It Pays To Take The Long View In The Markets

This $1 Billion Collapse Shows It Pays To Take The Long View In The Markets

Image Source: Pexels In 1998, one of the world’s biggest hedge funds collapsed into nothing.That hedge fund was Long-Term Capital Management, or LTCM.It was the brainchild of John Meriwether, a legendary bond trader at Salomon Brothers.Meriwether (and other so-called geniuses) started LTCM as a small hedge fund in 1994.By 1998, LTMC had attracted more than $1 […]
Shopify Inc – Chart Analysis

Shopify Inc – Chart Analysis

Image Source: Pixabay Bob Lang gives a technical analysis of the stock chart for SHOP.Video Length: 00:01:59More By This Author:Market Blast – Tuesday, December 19 It’s Time To Dust Off Bull Market Strategies Market Blast – Monday, December 18
Softs Report – Tuesday, Dec. 19

Softs Report – Tuesday, Dec. 19

Image Source: Pixabay COTTON General Comments: Cotton closed a little lower yesterday in follow through selling. Daily chart trends turned down with the price action on Friday. The weekly export sales report showed diminished sales. The US economic data has been positive, but the Chinese economic data has not been real positive and demand has been […]
These 8 Micro/Small Cap AI Stocks Index Are Still In A Bubble

These 8 Micro/Small Cap AI Stocks Index Are Still In A Bubble

Photo by Steve Johnson on Unsplash 8 micro/small cap ($50M to $2B) AI & related stocks are still very much in bubble mode advancing above the sub-sector average of 2.5% last week while maintaining an advance of more than 100% YTD. The performances of the 8 stocks are ranked below, in descending order, as to their closing prices last […]
U.S. Dollar Treads Lower As Barkin Signals A Dovish Stance, Yields Dip

U.S. Dollar Treads Lower As Barkin Signals A Dovish Stance, Yields Dip

Image Source: Unsplash The US Dollar (USD) Index, trading at 102.00, is currently in the grips of a downward trend, heavily influenced by falling yields and dovish comments from Federal Reserve’s (Fed) Thomas Barkin, which fueled further easing bets on the next decisions from the bank. The Fed’s dovish outlook, coupled with cooling inflation figures, recently weighted […]
Production Risks In Brazil. The Corn & Ethanol Report

Production Risks In Brazil. The Corn & Ethanol Report

We kicked off the day with Building Permits Prel, Building Permits MoM Prel, Housing Starts, and Housing Starts MoM at 7:30 A.M., Redbook YoY at 7:55 A.M., NY Fed Treasury Purchases 2.25 to 4.5 yrs. at 9:30 A.M., Net Long-term TIC Flows, Foreign Bond Investment, and Overall Net Capital Flows at 3:00 P.M., API Energy […]