Because it is so important to our macro work, let’s update again the counter-cyclical metal vs. some positive cyclical items, using the respective ETFs. Gold/Oil
Amid the sick theater that has been the US political sphere and by extension, the stock market, I just tried to stay unbiased (in action,
Amigo #1; Stocks vs. Gold This Amigo has a ceiling that is higher when viewing monthly charts, but the daily is coming under pressure, depending
Amigo #2 made a big pop today and as such continues to rise with #s 1 (Stocks vs. Gold) and 3 (the 10-2 yield curve).
 See also Steve Saville’s discussion of the yield curve. Well, after one down day in the markets why not put up a cautionary article?
 I realize this theme could be wearing on some people, but with all the subtlety of a sledgehammer I am going to pound it
Folks, far be it from me to go all gold pumper on you, but also far be it from me not to show you things
[edit 12.8.17] Amigos status clearly & concisely updated. I am not trying to be a wise guy with the first half of the title (it’s
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
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
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…
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
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),
 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