After last month’s ISM Services report I raised the prospect of a lower ISM Manufacturing report and the likelihood that this could all put downside pressure on equities. I was [ … ]
Category: Chart Of The Day
(Just Charts)
HAVE OIL AND GASOLINE PRICES PEAKED?
We know that motor fuel has been the primary driver in headline CPI over the last few years. This is one of the primary reasons why I’ve been keenly focused [ … ]
ISM SAYS PRICES ARE “TRANSITORY”
I’ve been fairly vocal about being in agreement with Ben Bernanke with regards to inflation. I think the Chairman is right not to panic about inflation. Now, he’s totally misinterpreted [ … ]
CHEAP HOUSES OR PRICEY SHARES?
Interesting comments here from an article in The Economist this past week. They touch on the relative value of real estate vs equities: “Anyway, to take a more cheerful line, [ … ]
CDS MARKET VS BOND YIELDS: REAL-TIME INEFFICIENT MARKET AT WORK
So, there’s a clear market inefficiency at work here. One of these markets is 100% wrong. And if you understand the workings of the modern monetary system it should be abundantly clear to you which market that is….
COMMERCIAL REAL ESTATE CONTINUES ITS DESCENT
The Moody’s/REAL Commercial Property Price Index (CPPI) measured a 4.2% decline in March, bringing the index to its lowest level since the peak in October 2007.
JEFF SAUT: KEEP AN EYE ON THE 50 DAY MOVING AVERAGE
Like Richard Russell, Jeff Saut of Raymond James is keenly focused on the technical aspects of the current market environment. Saut says this is a decisive week as any break [ … ]
2 TECHNICAL TRENDS THAT WORRY RICHARD RUSSELL
In his most recent letter, Richard Russell of the Dow Theory Letters discussed why he is growing increasingly concerned about the state of the bull market. Russell believes there is [ … ]
SOCGEN: BUY EQUITIES OVER CREDIT DURING AN M&A CYCLE
Societe Generale says equities look favorable compared to credit. They see the M&A cycle as playing a key role in potential future outperformance: