Markets Are Blind To This Massive New Risk
Photo by Steve Johnson on Unsplash The markets continue to surge to all-time record highs, driven in no small part by expectations of a massive productivity boom enabled by artificial intelligence, otherwise known as AI.Corporate America and Wall Street are clearly shrugging off the warnings that science fiction gave us about AI taking command of the world’s technology to […]
Nuclear Electricity Generation Has Hidden Problems; Don’t Expect Advanced Modular Units To Solve Them.
Photo by American Public Power Association on Unsplash It is easy to get the impression that proposed new modular nuclear generating units will solve the problems of nuclear generation. Perhaps they will allow more nuclear electricity to be generated at a low cost and with much less of a problem with spent fuel.As I analyze the situation, however, […]
While Stocks Enjoy A Post-Election Rally, The Economy And Jobs Stare Into The Abyss
Image Source: Pexels It would be an understatement to say that last week was particularly eventful, what with the elections and FOMC policy decision, plus some impressive earnings announcements. Election Day is finally behind us, and the results sent investors into a fit of stock market FOMO—in one of the greatest post-election rallies ever—while dumping their […]
DJIA Grossly Overpriced Vs. DDV
Image Source: Pexels This is a follow-up to my article of Nov. 4, 2024: “DDV Heading Down As 30-Year T Bond Yield Hits 4.58%.”Over the past week, the premium of the DJIA price to its DDV has gone into overdrive, The result of a misguided belief in a repeat of Trump’s first crack at being President […]
Solana Records 3-Year High As Price Hits $220, Is $260 Next?
Image Source: Pexels Solana (SOL) has seen a massive 35% weekly surge to a new year-high of $220, closing last week above levels not since in nearly three years. As the cryptocurrency soars and whales accumulate, some market watchers suggested SOL is poised to fly to new levels soon. Solana Hits Three-Year High Price Solana has […]
“Freight Recession” Over
Image Source: Pexels “Davidson” submits:Recession fears have a history of well-defined inventory reduction first seen as severe recession fear built in 2016 and lasted till the COVID shutdown raised trucking use rapidly. The last period of recession fear began roughly Dec 2021 and accelerated into a trucking slowdown beginning March 2022. The retailer response has been […]
Massive Surge In Repo Fails Plus Swap Spreads Are Plunging
Image source: Pixabay Repo fails jumped by 50% in the latest weekly data, which just so happens to be the same week swap spreads plunged to record lows. It was also when the US economy, at least its labor data, took a turn for the worse. Understanding the connections between all these money and macro indications […]
Bitcoin Price Surge Driven By Strategic Reserve Accumulation
Image Source: Pexels It has been quite an amazing week for cryptocurrency investors. Today marks the biggest day ever for Bitcoin in terms of the absolute dollar gain, at over $9,000. The Bitcoin price has surged 30% higher in just 7 days to $88,000!The #2 cryptocurrency by market cap, Ethereum, is up 38% in the past […]
NY Fed Survey Finds Broad Improvement In Economic Sentiment As Inflation Expectations Slide
One month after the October NY Fed consumer expectations survey showed a rebound in stagflation dynamics as inflation expectations at both the 3 and 5 year horizon increased while perceptions about the broader economy deteriorated (especially as debt delinquency expectations hit a 4 year high), the deterioration in sentiment reversed substantially in the latest, November survey, which saw inflation […]
Small Business: Poor Sales And Politics
Early this morning, the NFIB updated their latest gauge on small business sentiment.The headline number came in at 93.7 this month compared to a lower number of 91.5 last month. That was a larger than expected uptick as it was forecasted to only rise to 92. At current levels, the index remains in the bottom quartile of […]
