Copper has a long-standing target of 1.50/lb. That is the marker that would take the "copper is very bearish, technically" out of the equation. Might 30 bucks a barrel contain…
Just for perspective, ref. Michael Ashton’s post about the CPI and inflation. He is a specialist in inflation-sensitive investments and makes the interpretation of inflation and inflation expectations his business.
The FOMC is meeting tomorrow and it is always risky to speak in definites when such a potentially market roiling event (one way or the other) is in play. But a few things are happening in inflation sensitive markets that should be watched.
First, as we noted in an NFTRH+ update yesterday, Treasury yields are rising. Here is the 10 year in a bullish looking pattern.
According to the amalgamation of 'Leading Indicators' to the economy, it is time for a rate hike. Here is the graph of LI and Fed Funds, from Wisdom Tree's post…
20 pages, a little Tin Foil, a lot of historical facts and some logical deductions. NFTRH 359 out now.
What a week; and I am not talking just about the markets! I spent all day on jury duty yesterday and by the time they finally unshackled me I saw just how volatile things had been. I also saw that my ‘bounce’ gains had evaporated into the close.
As CPI will attest, consumer prices are certainly not suffering at the hands of the pervasive global deflationary environment. Housing, Healthcare and other services are not easily going to give back embedded price gains. In NFTRH 356 I tried to express this in an admittedly muddled Indicators segment.
You may have caught the title's little inside joke. Sometimes you (well, I anyway) can look at a graph representing data that is a culmination of history (i.e. reality) and…
From the nicely redesigned MacroTrends website, a look at long-term, inflation adjusted gold and silver. FWIW...
A look at a few items in-day, in-week, fwiw... TIP-TLT ratio, indicates that inflation protected have been favored over regular long-term T bonds for all of 2015. This indicates the…
A brief snapshot of counter-cyclical gold's macro signals vs. other metals (and broad commodities) that are more positively correlated to economies, using weekly charts... Each week NFTRH updates many charts…
[edit] the post started as a simple thing and ended after getting way too involved. so much the better... An update of the situation on the Banks, the anti-Banks (gold)…
It is more important than usual to be fine tuned on exactly why the gold sector, rising as it is with the general 'anti-USD' trade, is different. We go into…
There are many more details and indicators that inform well balanced ongoing analysis, but the three scenarios below are the general options before us. Excerpted from this week's edition of…
I got in late last night from band practice and there was this message in my inbox. I never remember that it is April Fools day on 4/1 and almost…