For some perspective on one of the more important global stock markets, today’s chart focuses on Chinese stocks and presents the current trend of the iShares FTSE/Xinhua China 25 Index (FXI).
Category: Chart Of The Day
(Just Charts)
HAS THE ECB SUCCEEDED?
Fears in Europe were quickly calmed in recent months after unprecedented moves by the European Central Bank. But since that time there have been some further signs of weakness in [ … ]
ARE THE EUROPEAN SOVEREIGN DEBT FEARS RETURNING?
Bloomberg reported this morning that the ECB was in the market for Irish bonds yesterday in an attempt to calm surging yields:
THE EMPEROR HAS NO CLOTHES?
It’s been my longstanding opinion that the Federal Reserve is largely powerless in this kind of environment (balance sheet recession). Over the last few weeks there has been an endless [ … ]
THE WANING STIMULUS EFFECT & 3 REASONS FOR ECONOMIC WEAKNESS
So much for the stimulus based recovery of the last 18 months.
USA CDS SPIKE WHILE TREASURY YIELDS HIT NEW LOW?
If the risk of inflation appears low and the USA cannot technically default on its debt then why are bond yields near record lows while CDS spike higher?
CHINA: THE LEADING INDICATOR OF LEADING INDICATORS
We’ve often referred to China as a leading indicator of equities over the last few years. Some sell side analysts have caught onto the trend as well (which likely means [ … ]
WHAT HAPPENS WHEN YOUR CURRENCY FAILS?
Today’s chart of the day shows the extreme price action that occurs when a currency collapses. A currency collapse has tended to coincide with hyperinflations and/or economic collapse. The astute [ … ]
BIG MAC INDEX: THE EURO IS STILL OVERVALUED
The latest data from The Economist’s Big Mac Index shows that the Euro is still overvalued compared to the dollar, however, calls for parity may be a bit aggressive: