I’ve been posting an abundance of bearish material lately so I thought I’d lighten the mood a bit with something that is pretty bullish. Current levels of volatility are consistent [ … ]
Category: Chart Of The Day
(Just Charts)
UBS: ANOTHER OIL PRICE SURGE “COULD BE VERY NASTY”
Here we go again. We’re not even into the seasonal strong period for energy and we’re already seeing a surge in prices. This surge in prices forces an immediate [ … ]
INFLATION UPDATE
This morning’s inflation report from the BLS showed a slight down tick in headline CPI to 3.6% YoY and a slight increase in core CPI to 2.1%. Energy was [ … ]
THE EMU YIELD CONTAGION WORSENS…
This is getting more interesting with every day. As the ECB is increasingly pressured to stop the Eurozone crisis with massive bond buying, the yield blowout is starting to [ … ]
SF FED: RECESSION ODDS IN 2012 – FLIP A COIN
The odds of recession remain unusually high according to a recent report from the San Francisco Fed. Their recession risk indicator now puts the odds of recession at over 50%: [ … ]
SMALL BUSINESS: REVENUES ARE STILL OUR TOP CONCERN
This morning’s NFIB report from small businesses highlights the continuing problem with the domestic economy. Revenues are simply too low to justify optimal investment in the USA. This is [ … ]
6.65%
Regular readers don’t need me to spell this one out for them. It’s like we’re watching a movie where the ending has already been spilled and the only people surprised [ … ]
STILL NO RECESSION IN RAIL TRAFFIC
Rail traffic has proven to be a pretty reliable leading indicator through the last few cycles and if the recent data is telling us anything it’s that the economy is [ … ]
GLOBAL PMI ROUND-UP
There’s some good, some bad and some ugly in this month’s PMI reports. The best news is out of the BRIC regions where we might have seen a trough in [ … ]