‘Inflation Trade’ Alive and Well
I don't write the title because the precious metals took off today on the bad jobs report. Far from it. That is what gold is supposed to do under such…
I don't write the title because the precious metals took off today on the bad jobs report. Far from it. That is what gold is supposed to do under such…
Factory orders came in okay, joining a pretty good ISM (manufacturing) the other day while ISM (services) eased in May. Could we be seeing a phase change, where old fashioned…
Well, talk about crosscurrents. Job growth really took a hit. The services stuff is still creating the jobs but the whole lagging mess dropped off in May (with unemployment actually…
Sometimes my charts get noisy with all the moving averages, momentum indicators, volume, different time frames, inter-market ratios, etc. For this post, some very quiet monthly charts. Let's start with…