Archives by Month:
- 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:
Stocks And Precious Metals Charts – Awful Faces From Beyond
Image Source: UnsplashAs the trading year draws to a close, the paint to make the results (and bonuses) for the Wall Street wise guys will be applied liberally to the tape.The economic hitmen have come home to roost.Stocks rallied to new highs.The Dollar chopped sideways with a bit of a little loss.VIX rose, even with stocks […]
Credit Spreads: The Real Sentiment Indicator?
We’ve followed the small business optimism and consumer sentiment indicators as a good barometer for the “mood” around the economy. However these aren’t always great predictors of future economic growth. Since the economy and markets rose quite substantially over the last few years, even though these sentiment indicators have been below their historical averages for […]
Is Selling Gold Right Now A Mistake?
Image Source: Pexels Producer prices came in hotter than expected in November. This came on the heels of a CPI report showing price inflation is sticky.With inflation worries mounting, investors sold gold.Wait. People sold an inflation hedge with increasing signs of inflation? Yes. You read that correctly.We’ve returned to a market dynamic that dominated 2023. Investors worried about sticky […]
If You Thought Grocery Prices Were High, Wait For Mass Deportation
Wages for farm workers and food processing will likely rise, if the past is any guide.Figure 1: Farm worker wage, 2023$ (blue, left log scale), and share of civilian employment foreign born (tan, right scale), both s.a. NBER defined peak-to-trough recession dates shaded gray. iFarm worker wage seasonally adjusted by author using X-13, deflated using CPI-U. […]
What Poor Breadth Means For The Stock Market
Image Source: Pexels We are in a seasonally bullish period for the stock market, and every business news channel is currently telling viewers to “get in before you miss out”. What they fail to say is that you need to look at market indicators before you do. The market’s poor breadth is particularly useful to guide […]
Rates Spark: Markets Sniffing Out Some 2025 Impulses
Image Source: Unsplash US Treasury yields finally get bullied further higher by mutual fund flows selling duration. A January pause from the Fed is also on minds, even as a 25bp cut is coming on Wednesday. Still, in the eurozone, we see a reasonable chance that euro rate markets will undershoot the priced-in landing point of […]
NGDP Guardrails: Do The Right Thing
Image Source: Pexels Tyler Cowen recent asked o1 Pro this question: What is the biggest problem with the idea of the Fed subsidizing an NGDP futures market, as economist Scott Sumner has proposed? Feel free to give an answer relying on theoretical macroeconomics, agency problems, finance theory, and the like. Here’s part of the response: One of […]
Semiconductor Index Mini-Breakout
All markets enjoyed a bright day – even the Russell 2000 (IWM) – although the last hour of trading saw some comeback across the indices. Best of the action came from the Semiconductor Index (SOX). Friday’s gains were enough to see the index close above all key moving averages. Today’s trading saw the index close […]
Nasdaq 100 Shakeup: 3 Stocks That Can Gain
Image courtesy of 123rf.com Investors like to see capital-allocation hierarchies, and Nasdaq-100 (NDX) is one of them. Year-to-date, this index grew by 32%, capturing the performance of the 100 largest non-financial firms. Nearly 60% of Nasdaq 100 companies are from the IT sector, dominated by Apple at 8.85% weight, closely followed by Microsoft, Nvidia, Broadcom, Amazon, Meta Platforms, and […]
S&P Israel 100 Index: Reflecting Israel’s Potential
The Israeli stock market has a unique landscape, offering stability and liquidity comparable to other well-established markets, while also providing regional diversification as the only developed market in the Middle East. In recent years, Israel has been a spotlight for technology and innovation, hosting many high-tech companies from industries like cybersecurity, biotechnology and software development. […]
