The transition to a post-bubble macro continues making progress When the bubble makers are finally banished, when their policies are shown in the light of day (and of a rebellious…
The September 22 edition of Notes From the Rabbit Hole (#828) had some things to say about the FOMC action last week, before putting its tin foil hat back in…
Many gold stock traders will hold for the wrong reasons, sell for the wrong reasons, and not buy back for the right reasons It is one of the most interesting…
Gold's standing relative to cyclical markets continues to improve, thus, so does the macro backdrop for gold mining equities Without digging up too much theory and analysis from the past,…
Rosenberg recommends defensive positioning amid dis-inflationary, recessionary pressure The NFTRH theme has been disinflation and economic signals fading toward counter-cyclical. Check. Everybody's got the memo now. Even the tardy Fed…
As FOMC readies another rate decision, its irrelevance has never been more apparent I started my market management service in 2008 with the imagery of renowned children's fantasy, Alice In…
Another firm CPI number is out, to little surprise given the expected rebound in inflationary sentiment along with commodities and other inflation trades (precious metals, led by silver, on this…
On the occasion of another standout payrolls report, we note that the macro is indeed changing beneath the surface Another payrolls report, another beat of expectations. Here is the breakdown…
Mohamed Aly El-Erian has it right; the Fed is a play-by-play caller A play-by-play caller with multiple orifices always at the ready to eat a microphone and influence the mindset…
Gold stocks are among the most hated equities in the stock market, but that will change as the macro shifts in their favor for the first time since 2001-2003 It…
A little discussion about this thing we call "inflation" after the January CPI report A vast majority of people see inflation as rising prices, wages and 'pushed' costs within the…
January CPI ticks up .3%, market reacting predictably in full submission to the great and powerful Fed of Oz Click image, get the news, hot off the presses! We have…
In the last few weeks we have been allowing for, even anticipating a renewed bout of inflation concerns as the yield curve (10-2) steepens, nominal yields had dropped significantly to…
