Big Picture First, we all need to recognize that this is becoming a humanitarian crisis, no longer a market. So I would say this is a high risk investing environment. I don’t know if it is worth the risk to…Continue Reading →
Long term subscribers know that I view data relationships/spread ratios between data streams as an essential element in analysis of stock values for investors (in the case of oil, most people are not oil speculators, just oil stock investors). As I…Continue Reading →
It appears that many of our readers are in a good position for what is evolving. It has been two years since the early Macro signals for a market rollover appeared. Just looking at a couple of our Tracking Funds…Continue Reading →
I like to watch the Fed Balance sheet numbers because they are more important and say more than the public talk of the Fed Governors. The measure that I prefer, is the six week change in the Balance Sheet, it…Continue Reading →
I only have a Masters in Economics, and it is a old one, so maybe the new Phd’s have learned something radically new. But if cheap money was the answer, why had the world not used this magical tool…Continue Reading →
Subscribers have been sent detail. See January 15th 2015 post for background. Performance update for February 12 2015: EGH 9.25 -2.84 % EAH 9.77 -1.71 % S&P 208.48 + 0.96 % …Continue Reading →
The markets continue to bounce around. 1) Stocks have support from the technology companies, and we may see a little upside blowoff in the indices before the macros take hold again. 2) T-bonds saw the expected back off down to…Continue Reading →
You know where we are on this question. We believe that the deflation wave is the primary metric, and that basic materials like oil, copper, maybe even lumber are feeling the pressure first. You also know that for some time…Continue Reading →
The stock market has been consolidating since late November and is set up to make a move, which most anticipate is for another leg higher. Today’s employment report is supportive of that kind of move. So lets look at the…Continue Reading →
More of the same. Jobs report tomorrow, the market is not worried, it thinks it will be a good report, over 250,000 new jobs, but if it isn’t, Janet will step to the plate and reassure it. Today’s letter from…Continue Reading →