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by Troy As the S&P 500 makes a sharp upwards reversal towards its 38.2% fibonacci retracement, the U.S. stock market’s breadth is surging and risk-off assets (USD) are falling. This … Read more
by Troy While the U.S. stock market has been trending downwards from December 2018 – present, safe havens (e.g. gold and Yen) have been going up. Go here to understand our … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) and a 20% down-payment jumped to 4.97% for the week ending … Read more
by Michael Snyder The primary reason why stock prices have been soaring in recent months is because corporations have been buying back their own stock at an unprecedented pace. In fact, … Read more
“How stressed are emerging mkts vs developed mkts? The gap between implied FX vol for EM (surging) and G7 (still subdued) is extreme, only observed a couple other instances in … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The impact on homebuyers and the market, in dollars and cents. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) … Read more
via Sam Meredith The price of crude has risen over the past two years, from $26 in 2016 to $77 on Monday, as the balance between supply and demand has been … Read more
by John Rubino Remember when Iraqis were first able to vote in national elections back in the 2000s, and huge numbers braved terrorist threats to go to the polls and … Read more
With the U.S. Census Bureau reporting yet another year of population loss for the city, it doesn’t take an investigator to determine the causes. The city’s scary record of … Read more
Don’t be scared, the UST10Y could be primed >3% This chart says American’s feel great having less savings. This will not end well.. h/t @StockBoardAsset DB's Torsten Slok points out … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “Pricing power has erupted…” The transportation industry, particularly trucking, has benefited from the rise in retail spending in the fourth quarter and in much of 2017. … Read more
Simon Black recently said this: pic.twitter.com/G1xegPRCSF — Alastair Williamson (@StockBoardAsset) February 16, 2018 President Trump's winning strategy crushing the dollar and expanding the trade deficit. Didn't candidate Trump say the … Read more
2/8/18. Post Market Wrap Up Plus: WHERE’S THE CASH GOING! By Gregory Mannarino UFS
Anyone notice the market breaking and low vol collapsing happened w/ bond yields surging. lol we're so screwed — Alastair Williamson (@StockBoardAsset) February 6, 2018 Is the honeymoon over? “I’ve … Read more
By Michael Snyder The cryptocurrency revolution is the biggest story in the financial world right now. In recent days I have spent a lot of time writing about Bitcoin, but the … Read more
by GoldCore – Easy credit offered by UK banks is endangering “everyone else in the economy” – UK banks are “dicing with the spiral of complacency” again – Bank of … Read more