Commodity prices have ripped in recent weeks as the market swings from expectations of a double dip to expectations of a sustained recovery. Copper, the metal often said to have [ … ]
Category: Chart Of The Day
(Just Charts)
88% OF NYSE STOCKS NOW OVERBOUGHT
As of yesterday’s close 88% of all stocks traded on the NYSE were above their 50 day moving average. We have seen these levels just twice in 2010. In early [ … ]
ORDERS TO INVENTORIES AND THE 75% CHANCE OF A RECESSION
Interesting factoid here from David Rosenberg’s daily letter. According to Rosey the economy has slipped into recession 75% of the time following orders-to-inventory data at current levels:
GOLD & SILVER VERSUS HISTORICAL BUBBLES
How does the performance of gold and silver compare to some of the great bubbles throughout history?
HOUSING UPDATE – DOUBLE DIP IN PROGRESS?
Have housing prices in the United States started to turn down already? We’ve seen some mixed news in the real estate market lately, but given the lag in most home [ … ]
WAR, INFLATION AND THE STOCK MARKET
Pretty interesting chart here from The Stocks Traders Almanac and Barry Ritholtz. In essence, the argument can be broken down into this:
UNEMPLOYMENT: NOT GOING DOWN ANY TIME SOON
According to Goldman Sachs housing busts tend to have a particularly destructive impact on the labor market:
KONICHIWA!!!
Masaaki Shirakawa, Governor of the BOJ, spoke at the Second International Journal of Central Banking last week. Mr. Shirakawa made a presentation that succinctly compares and contrasts the many problems [ … ]
IRISH SPREADS CONTINUE TO CLIMB
Today’s Irish bond auction went well, however, there continues to be a disconnect between the market and the media. We continue to hear that everything is fine – that the [ … ]