Euro Surge Higher Assisted By Market Mauling Of AUD & NZD
Price action on our complex of euro pairs has seen the single currency move strongly higher, particularly against the Aussie and Kiwi where the surge has taken both EUR/AUD and EUR/NZD to key resistance levels on the slower time frame charts. For EUR/AUD the key level lies in the 1.5640 region, and for EUR/NZD the […]
Mystery Of Inflation And Gold
At the September FOMC press conference, Yellen admitted that subdued inflation was a puzzle for the Fed. She said: “This year, the shortfall of inflation from 2 percent, when none of those factors is operative is more of a mystery, and I will not say that the committee clearly understands what the causes are of that.” Actually, the […]
Business Cycles And Inflation
Incrementum Advisory Board Meeting Q4 2017 –Special Guest Ben Hunt, Author and Editor of Epsilon Theory The quarterly meeting of the Incrementum Fund’s Advisory Board took place on October 10 and we had the great pleasure to be joined by special guest Ben Hunt this time, who is probably known to many of our readers […]
Weekend Reading: You Have Been Warned
Investors aren’t paying attention. There is an important picture that is currently developing which, if it continues, will impact earnings and ultimately the stock market. Let’s take a look at some interesting economic numbers out this past week. On Tuesday, we saw the release of the Producer Price Index (PPI) which ROSE 0.4% for the month following […]
10-Year/2-Year Treasury Spread Falls To Post-Recession Low
The debate about the value of the Treasury spread for business-cycle analysis is set to intensify in the wake of the latest slide in the difference between the 10-year and 2-year rates. Although the US economic trend remains healthy, the ongoing decline in the yield spread implies trouble ahead, based on this indicator’s historical record. US recessions […]
WTI Crude Oil And Natural Gas Forecast – Friday, Nov. 17
WTI Crude Oil The WTI Crude Oil market continues to dance around the $55 level, finding support at that level. However, the question now is whether we can break down or not. If we do, the market will probably find support at $53, as supply continues to be a significant issue. Alternately, if we were […]
Is Behavior Economics Good Economics?
Recently, a relatively new economics called Behavioral Economics (BE) has started to gain popularity. Its practitioners such as Daniel Kahneman, Vernon Smith and Richard Thaler were awarded Nobel prizes for their contribution in the field of BE. The BE framework emerged on account of dissatisfaction with the neo-classical theory regarding consumer choices. A major problem […]
Above The 40 – A Swift Break From The Market’s Downward Drip
AT40 = 45.8% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 53.8% of stocks are trading above their respective 200DMAsVIX = 11.8 (10.4% loss)Short-term Trading Call: cautiously bullish Commentary It was one of THOSE days for anyone or anything standing in the way of the buyers. An overwhelming rush to the basket… (Philadelphia 76ers […]
E How Small Businesses Are Differentiating Themselves From E-Commerce Giants
The e-commerce industry is largely dominated by few giants. Amazon (AMZN) is the largest player in the market in terms of market capitalization. On the other side of the world, Alibaba (BABA) is growing fast as it continues to capitalize on its home country’s massive population and a growing community of online shoppers. Amazon and Alibaba have a combined […]
Draghi Hails The Solid Economic Expansion – EUR/USD Looks Solid
The president of the ECB has increasing confidence that the economic expansion is solid. This sounds like an upgrade in comparison to previous statements, which acknowledged the progress but did not sound so optimistic. However, inflation hasn’t reached the point of being self-sustained. Draghi is basically keeping things balanced with the normal caution about inflation. However, […]
