A Favorable Morning for the 3 Amigos of the Macro
Long-term bond yields are rising this morning, and you will notice, the 2yr is rising more than the 30yr. So not only is this a boost for the 'nominal yields…
Long-term bond yields are rising this morning, and you will notice, the 2yr is rising more than the 30yr. So not only is this a boost for the 'nominal yields…
In this case the precious metals have already been weak, hopefully breaking the spirits of over enthusiastic gold bugs. A warning as represented by a rising gold/silver ratio is for…
Okay, so the theme is that on the macro 3 events may come together to signal a big climax, leading to change. Those Amigos are... Stocks complete their rise vs.…
I've had similar lists available in the past and to tell you the truth I am not sure what happened to them or why they went away. Probably admin goof…
To my eye, conflicts and inconsistencies abound in today's micro. Strong producer prices data spurs Fed rate hike talk (December is in the bag anyway), slowing China growth hits commodities,…
[edit] As I do the actual work of plowing through NFTRH 472 I am noting some non-bond related indicators in line with the fading Junk/Quality ratios and easing Treasury yields…
Steve Saville has an interesting post in which he notes the difficulty in coming up with real inflation adjustments by chasing price data around (like CPI). Using a formula of…
[edit] This article ultimately leans toward the view that the reasons for a rising curve will be inflationary. But I woke up in the middle of the night and my…
If I put some of the 'internals' items covered routinely in weekend reports here for public consumption once in a while subscribers can still easily reference them as well. This…
I subject NFTRH subscribers to my warped sense of humor, so why not you dear free website reader? So, there is this particular market participant; he is a mature gentleman…
A few random charts from a segment that is probably not as sexy as some others (okay, you got me... there is nothing sexy in NFTRH because nerds are not…
In NFTRH 461 last weekend we reviewed plenty of reasons why the market would probably put on a bounce in the micro-term. Among the reasons was this little treat from…
No real need for too many words here. As of now, the Silver/Gold ratio is having its 2nd day above the SMA 50. That goes well with the broad market…
Prologue: This is a bearish article written by someone who covered his short (bearish) positions today (except for the euro) and has only long positions now, in precious metals and…