Lately we have seen the outlook of consumers getting better while their income is decreasing. How does this work? Probably it is due to a better feel in home prices. In any case today’s GDP numbers point out that what…Continue Reading →
Interest rates are still the driving force here. The stock market price is still relatively stronger than the T-Bond price. This is a time to be keenly aware and see who lifts their finger first.
We have have talking for sometime about the roll over top that we expect in stocks in the May – October period. When one is in the middle of this type of scenario you always are watching the indicators to…Continue Reading →
Ben says things are getting better, really, it looks to me that all that has happened is that the fat cats have bought up the foreclosed houses, corporations are squeezing their employees, employment is weak, pensioners are getting 0.5 % interest…Continue Reading →
Since June 3rd we have been talking about our expectation of a trading range asset market for the May to October period. The bottom of the expected gold range 1275 to 1500, was tested overnight at 1285 and probably will be tested…Continue Reading →
If we want the economy to produce jobs, there has to be real demand, that means lowering the debt load that the consumer took on between 2002 and 2007. http://harpers.org/archive/2013/07/the-scarlet-debtor/
This is Ben’s week. He is expected to make everything well and the speculators are buyers of stocks again. This leaves more of the same, traders buying highs and selling lows. Probably the most important thing is that he will retire…Continue Reading →
Longterm T-Bonds have been getting a lot of press the past few weeks as long-term interest rates have risen. Just keep in mind during all this talk of tapering etc, that the big story for T-Bonds over the next three…Continue Reading →
The pop higher on long term interest rates this morning is a look at what will happen at some point going forward. Japan’s attempt to mimic our FED seems to be a little shaky and markets are suffering this morning. …Continue Reading →
Friday’s employment report ensures more of the same. The 1587 to 1662 area on the S&P should be popular for a while.