Angst In America, Part 5: The Crisis We Can’t Muddle Through
<< Read Part 4: Angst in America: Disappearing Pensions “The ship of democracy, which has weathered all storms, may sink through the mutiny of those on board.” – Grover Cleveland, the 22nd and 24th president of the United States “It is your concern when your neighbor’s wall is on fire.” – Horace “The biggest mistake investors make is […]
5 Stocks To Buy As Existing Home Sales Hit 10-Year High
In a clear sign that the housing industry is on a firm footing, existing home sales surged to their highest level since Feb 2007 last month. A strong labor market has led to an increase in income levels which is leading to a surge in demand for housing. Home prices are likely to rise as […]
Metals Turning Down From Resistance
It has been a while since my last article, simply because we have been busy developing a range of tools for investor and traders to use, but we have now completed renovations to our site and have once again opened our doors to the general public, and that in turn has freed me up to […]
Exchange-Traded Funds Make Decisions Easy
Stock Market Forecast Big Picture: The broad stock market is working through a more complex corrective price pattern. My recent forecast, as displayed in the chart below, indicates that the next leg up is toward 2500.The market may be about to start a larger A-B-C correction to test the 2300 level to fully cleanse itself, before starting the next […]
Americans Work Almost 4 Months Just To Pay Taxes
Tax Day 2017 has passed for individual taxpayers, but America’s tax bill is still due, and it’s a big one. Americans will collectively pay close to $1 trillion more on taxes than will be spent on essentials like food, clothing, and housing combined. Taxpayers won’t pay off this year’s local, state, and federal tax burden […]
Can Macron Save The World? Save France?
The markets appear giddy today over the election prospects of Emanuel Macron in France. Equities are up along with bond yields. Gold is down. The day is still young though. Macron won round one of the French election yesterday and will square off against Marine Le Pen in round two on May 7. He is widely […]
Swamp Creatures Sack D.C.; Fed Drops MOAB On Wall St.
Wall Street and our central bank are in for a rude awakening very soon.! The idea that the US economy is on stable footing and about to experience a surge in growth is ridiculous. Hence, the consensus that the Fed can normalize interest rates and its balance sheet is nothing short of a bad joke… […]
Don’t Look Now But Bond Yields Are Tumbling
If everything’s so awesome, why are Treasuries so bid? Heavy demand for Treasuries this morning after two notable data disappointments… Banks are ripping higher (though some context below may help), even as bond yields roll over… And despite the collapse in VIX, stocks are flat since the open… Stocks remain ebulient…
E AUD/USD Intraday View – Monday, April 24
AUD/USD looks to be trading in a bigger three wave recovery, and current bullish moment may be final wave C. As such upside may be limited around the Fibonacci ratio of 100.0, from where a new reversal may follow. AUD/USD, 1H
EUR/USD: What’s Next After The French Elections? Two Opinions
Macron topped the first round of the French elections and the euro rallied. We described the levels to watch out for. Here are two opinions Here is their view, courtesy of eFXnews: EUR/USD: ‘The Trend Has Turned’ – SocGen Societe Generale FX Strategy Research discusses the EUR outlook after the market-friendly outcome for the first round of the French […]
