The Case Against Pluralism In Economics
There is a scientific consensus among economists on core principles and concepts. Economics professors teach practically the same principles (i.e. comparative advantage, opportunity cost, price elasticity) even though we disagree on some specific policy issues. Debates over policy issues do get a great deal of attention, but economists generally agree on a basic set of […]
Bitcoin Surges Above $4900 Amid Catalan ‘Independence’ Declaration
Bitcoin began accelerating ahead of Catalan leader Puigdemont’s initial speech time, but after his delayed start, the cryptocurrency accelerated higher… and is now back above $4900 for the first time since September 1st record highs…
USD Drops As Catalysts For Rebound Dissipates, NZD Drops: SW Report
Strong/ Weak Index October 10, 2017 Highlights: The US Dollar has lost its luster after the discounted NFP came and went. The question now remains, what will be the next catalyst to buy USD? A long-term look at the daily chart of the US Dollar Index shows the downtrend remains with a failure to close above 94.20. The price peaked […]
U.S. Workforce Recovery – Tuesday, Oct. 10
We’ve updated our monthly workforce analysis to include last week’s Employment Report for September. The unemployment rate fell to 4.2%, and the number of new nonfarm jobs (a relatively volatile number subject to extensive revisions) came in at -33K. The Unemployment Rate The closely watched headline unemployment rate is a calculation of the percentage of the Civilian […]
The Mystery Of Why There’s A Mystery
We have an interesting week ahead, at least for an inflation guy. Of course, the CPI statistics (released this Friday) are always interesting but with all of the chatter about the “mystery” of inflation, it should draw more than the usual level of attention. That’s especially true since the mystery will cease to be a […]
The Unknown Fundamental: This Will Push The Silver Price Up Much Higher
Precious metals investors need to understand the coming silver price surge will not occur due to the typical supply and demand forces. While Mainstream analysts continue to generate silver price forecasts based on supply and demand factors, they fail to include one of the most important key factors. Unfortunately, the top paid Wall Street analysts […]
The Next Big Crude Oil Move
The weekly continuation chart of WTI Crude Oil displays an 18-month H&S top pattern. This is a chance that the Sep 28 high will represent the high of the right shoulder. If this analysis is correct (always a big IF), the right shoulder appears to be taking the form of a 15-week channel. Note on […]
VanEck Vectors Oil Services ETF Is Up 19% Since August. Did You Buy It?
Back on August 4, I told you that major oil companies were raking in record cash flows. Giants like BP (NYSE: BP) and Royal Dutch Shell (NYSE: RDS-B) made more cash in the first half of 2017 than they did in 2014 when oil was more than $100 per barrel. However, one critical sector didn’t see […]
Tesla Inc. Stock: Bulls And Bears Battle Over EV Infrastructure
Tesla Inc. (TSLA) stock is off and running out of the gate this morning after one perma-bull raised his price target for what he sees as the company’s biggest competitive advantage. He believes that the EV maker’s Supercharger infrastructure and Gigafactory combine to create that advantage: EV infrastructure. Blomst / Pixabay However, another firm also weighed in on […]
Will Dow ETFs Continue To Shine In Q3 Earnings?
While Wall Street is scaling multiple highs on Trump’s pro-growth reforms, the Dow Jones Industrial Average has been an outperformer since election last year. This is because a strong rotation in leadership in the large-cap domestic space has benefited Dow Jones more than its other large-cap counterparts like the S&P 500. Notably, the Dow Jones […]
