[edit] Also see this post on inflation/deflation excerpted from NFTRH 525, hot off the presses. Crude Oil and Industrial Metals continue downward. This is significant
Category: Economy
Industrial Metals Breaking Down Again
It sure is not positive economic – or for that matter inflationary – signaling as Industrial Metals lose the short-term consolidation and break down on
The Curious Case of the Banks Continues
Curiously, in a rising long-term interest rate environment… The Banks are still dropping. The Banks are still dropping harder than the S&P 500 (SPY). Despite
Homies & Real Estate: Does This Look Healthy?
[edit] As if on cue, out comes Anthony B. Sanders with… US Housing Starts Plunge Under Rising Interest Rates I agree with you, this does
Strong Manufacturing & Strong Employment = ?
Strong economy! Okay, now that we have that out of the way the futures reversed this morning on the jobs report that should have been
A Bull in a China Shop
Following is the opening segment of this week’s edition of Notes From the Rabbit Hole, NFTRH 504. For months now we have been tracking a
Semiconductor Canaries: Chirp, Warble… Soon a Croak and Silence?
In light of earnings reactions in the Semiconductor Equipment sector, it’s time for an update of a theme we have had in play since November,
A Routine Look at the Empire Survey Morphs Into a Mini Screed
Full report here From NY Fed: Business activity grew at a solid clip in New York State, according to firms responding to the April 2018
March Payrolls +103,000 vs. Expected 170,000
Needless to say, the headline does not look good. Click the graphic, get the full BLS report. Initial knee jerk is that stock market and
“Trade War”
It has in the past been “the financial crisis”, “the Euro crisis”, “Greek debt”, “Italian banks”, “the fiscal cliff”, “Brexit” and so on. Every one
Semi Equipment Industry: China or Bust?
From SEMI, see… Stunning growth for fab equipment spending – four years in a row “SEMI’s World Fab Forecast data point to an improbable eye-watering
More on Larry…
An NFTRH subscriber kindly forwarded me this WaPo article filling in the details of why Larry is so funny; so funny it hurts. Accuse the
Larry!
You know what, sometimes I get tired of hearing me bellyache about this stuff too. So I can only imagine how you must feel. Larry
America Inches Closer to Being One Big, Dumb TV Show
We are the land of Disney, creepy and often seedy reality TV and botoxed, butt implanted, carpet-walking 2-bit celebrities of all kinds. We are a