The ratio of the Banks (KBE) to SPX (SPY) is breaking bullish I don’t care what you find out there on Twitter or the gold
Banks are posting a strong quarter The inflation (money printing by the Fed) has brought reflation (economic benefits of said inflation) and none are more
A picture of various reflation-sensitive markets vs. SPY/SPX The picture says that equity-centric reflation markets are struggling to regain uptrends relative to the broad SPY/SPX,
Let’s get through CPI tomorrow to see if there are any surprises to the view on the effects of the Fed’s printed inflation and the
Today came the happy – and inevitable – news. Some day on the horizon this effing virus is going to stop hanging over our shoulders.
A couple days ago we asked the question in light of rising long-term yields, a steepening yield curve and the ongoing reflation operations by policymakers.
Any discussion of the banks and greater Financials sector has to include a discussion about interest rates. I believe that long-term interest rates will eventually
Would it not follow that companies who borrow short and lend long (i.e. as banks are usually thought to do) would benefit from the increasing
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
Why, it’s the Pigs. Despite all the interest rate hype the Banks, which should benefit from a breakout in long-term yields, are still bearish. In
Okay, this has got my full attention now. While long-term interest rates do this… …and this… The nominal Bank index is still doing this… While
As noted in this week’s NFTRH US & Global Market Internals segment, an important leader is failing to lead. That is all the more notable