Nomura has recently introduced a new indicator which they will be updating on a quarterly basis. It covers macro risks to the Chinese economy. They call it the China Stress [ … ]
Category: Chart Of The Day
(Just Charts)
94% OF THE S&P IS TRADING ABOVE ITS 50 DAY MOVING AVERAGE
It’s moments like this when technical indicators can provide very valuable insights. Glancing at a quick chart or a statistical data set can be enormously enlightening. The current short-term technicals could [ … ]
SEVEN BILLION PEOPLE….
The world welcomes its 7 billionth person tomorrow. As US Global Investors recently noted, it took 123 years for the world to add its second billion people. Since then, [ … ]
MCCLELLAN: EURODOLLARS HOLD THE KEY TO THE BULL MARKET
But I don’t want to convey the idea that the uptrend is over, not at all. The leading indication for stock prices from the eurodollar COT data is shown in the top chart on page 2, and we are right now still in the big accelerated up move phase that this data told us about a year ago.
ITALIAN BOND VIGILANTES: EURO FIX? WHAT EURO FIX?
Equity markets are rightfully celebrating the fact that, in the near-term, a full blown banking crisis with private sector contagion has been avoided. But we shouldn’t get too far ahead [ … ]
EUROPE AND THE EFSF: SPREADING THE LOVE
I am waiting for a definitive statement from Europe before analyzing the new and improved “rescue” plan, but one thing we keep hearing is how the EFSF is going to [ … ]
INFLATION UPDATE
September’s CPI showed continued signs of moderate broad inflation with sizable gains from the energy sector. Headline inflation came in at 3.9% while core inflation was flat at 2%. [ … ]
ITALIAN BOND YIELDS: THIS CRISIS ISN’T OVER
At this point in the Euro saga, it’s clear that all roads lead to Rome. That is, Italy has become the true endgame. If the contagion in Greece and Portugal [ … ]
MORE UNFORTUNATE MATH BEHIND OUR ECONOMIC PLIGHT
A little over a year ago, I ran some of the unfortunate math behind our economic plight. I said: “the initial stimulus plan helped give the appearance of recovery, but it did [ … ]