I could be wrong, but based on my recollection the wise guys were predicting even higher odds of a rate cut prior to this latest
Category: Economy
A “Glimmer” for the Semiconductor Sector
Glimmer: noun; a faint sign of a feeling or quality, especially a desirable one The Semi sector as a whole remains in a growth contraction.
Looking Into the ISM Manufacturing Report
The PMI declined again in August and it was not just due to less important readings like Production or Deliveries. The key failures are highlighted.
Semi Bullish
On July 18th we had an NFTRH update (still pw protected) discussing the Semiconductor sector and secondarily, its implications for the gold sector. Those implications
The Good Ship Lollypop Will Continue Sailing on a Sea of Debt
On the good ship Lollipop Its a nice trip, In to bed you hop, And dream away, On the good ship Lollipop –Shirley Temple And
June Payrolls +224k; Uncle Buck Jumps…
Who is surprised that Payrolls rebounded last month? I am not because this is a notoriously volatile economic data point and one bad month (May)
Bear Case Trumped?
In hindsight we could have expected it. Set our watch by it. Putting aside the fact that the Mexico tariff threat never should have been
The Next Semi Upturn and Thoughts on Gold
Excerpted below is the Opening Notes segment from this week’s Notes From the Rabbit Hole, NFTRH 555. The report followed up this opening with extensive
May Payrolls… Ruh Roh, +75K
You can get the full BLS report by clicking the graphic… Here is the monthly breakdown. As usual for the Good Ship Lollypop’s consumerist economy
Payrolls +196k, A Goldilocks Report
The headline says it all (tap for the MarketWatch story)… Full report here at BLS… And here is the graphical breakdown. The last few NFTRH
Palladium, PALL/Gold Ratio, SPX and the Gold Sector
Okay, now I am getting geeked out. One of the most fun and rare times in what I do is when something big happens that
Trade War Distortions?
I have found myself writing the phrase “trade war distortions” on multiple occasions because I personally cannot see how anyone can quantify the effects of
Credit to Trump in This Case
Insert here the disclaimer that I don’t care for the man, I don’t like most of what he stands for, or his funny haircut. But
Jobs Are Great! But is the Semi Canary Still Sick?
I am not talking my book (well, I guess I am if I am a counter-cyclical gold bug) because I am significantly more long than