Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
  Deflation is the reduction of the general level of prices in an economy - broadly falling prices.    Obviously, falling prices can be caused by many things.  To name but a few, everything from
  BIS Warns Of Oil Bond Sell-Off         With the oil industry accounting for $2.5 trillion of debt outstanding, and with prices falling again the Bank of International Settlements  warns that
d Markets Surge On Dovish Fed Minutes      The FOMC explicitly noted that a hike at the upcoming April meeting was unlikely and more notable was its assessment of  US economic activity  by stating
e Oil Sliding Lower-"er"        Crude prices continue to tumble falling into the $42 handle before rising slightly above $43 but still down -1.44% presently.  Russia, with it's currency basically
9  ECB Struck By Unintended Consequences      In the aftermath of the Eurozone starting to print money last week, the European Central Bank (ECB) finds things are not happening as planned (of course
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
Time for some weekend levity: Click Here
dMarket Market Snapshot       Yesterday's bad economic news that drove the markets higher on hope that the Fed would not raise interest rates, today became really bad (read further below).  That's
  As we wrote in early February concerning O-CrapCare and their mind-numbing ability to completely screw-up the best health care in the world. Meanwhile,  Obama's debacle  continues to
kMa Market Snapshot     Today stocks are rallying about 1% due to dismal economic news (below) suggesting that traders believe that the Fed could delay raising interest rate increases.   That's right
l     Ukraine Tensions Escalate Between Russia & US      Yesterday we reported that when the US sent more than 120 tanks and armored vehicles into Latvia that Russia countered with delivering
d Market Snapshot     With no US specific news driving trade today, the focus has shifted to European markets and moves in currencies.  Because markets have very rarely dealt with negative yields on
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
  German Exports Tumble     Despite all the exuberance about the European Central Bank buying bonds to print more cash (QE),  today the only nation holding-up the EU just saw its exports drop - 2.1
  One would laugh at today's BLS report if it wasn't so sad that most, if not all, of the various Federal agencies that we depend upon to provide accurate data (crucial for business and
 r Market Snap-Shot        After falling Friday, stocks are up today apparently being driven by dismal economic news (read below) which suggests that the Fed will not raise interest rates any time
gA Atlanta Federal Reserve Issues OMG! Forecast     Using their GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2015, today the Atlanta Fed says
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
samg Dead Bank Walking – Greece         The Bank of Greece just reported Greece’s official Private Sector Corporations and Household bank deposits for January.  After falling more than $4 billion in
  For years I have been discouraging people to not file their income taxes online.  While doing so is clearly more convenient, plastering all your personal data in some unknown server at an
  Fed Chair Yellen To Testify Today     The big news today is about  Janet Yellen's testimony today before Congress.  The Fed will also release its semi-annual Monetary Policy Report.  Thus far
  Whatever you can do, I can do better….I can do anything better than you! Or probably more like, monkey see, monkey do. Money printing now has helped the European stocks climb and the currency
  Existing Home Sales Crater     January existing home sales fell -4.9%. The largest drop occurred in the balmy west which means, though the talking heads will try, the drop wasn't caused by
  It can't get any more ridiculous - can it? f After spending $2.2 billion in political paybacks for a fully dysfunctional hack-ready website and after hiring 9,000 (times 2) new enforcers IRS
e In  a surprisingly dovish minutes issued yesterday, the Federal Reserve expressed concern about a stronger Dollar and the effect it could have on exports.   In addition to the strong Dollar, they
  Economic Indicators      Bad news continues to dash what few hopes remain for the US economy to start-off 2015 booming. Rather it appears that the economy is going from flat to O-sickly with
100 bank and financial institutions in 30 different countries across the globe have been digitally robbed of $300 million by hackers who remotely accessed  bank computers and ATMs - that amount
m Leverage Never Higher       On a Debt to GDP basis, China’s debt is now larger than the United States. Spain, Ireland, and countries like Holland, Sweden, and Australia, have seen their debt
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
v0 AN AIR OF EXCITEMENT fills the dining room at the 2014 "Foot-In-Mouth" Prediction Awards.  Nominees adorned in lavish designer dresses and formal black-tie,  anxiously await the announcement from
  d China is falling into the deflationary trap along with much of the rest of the world. The country’s Consumer Price Index came in at only 0.8% in January signaling a threat of outright
f Back in June 2012 the Swiss Central Bank (SNB) made a promise to protect the value of the Euro: The bank has vowed to defend the franc’s value at SFr1.20, … the SNB had spent as much as 65 billion
g Can Too Much Debt Be Resolved By Borrowing More?        We've all heard the adage of  "trying to put out a fire with gasoline".  But when the same person attempts to put out a fire with gasoline
 dd Oil Inventories Up - Prices Down        For the 5th week in a row oil inventories have surged to a  record high of 4.87 million barrels instead of the expected 2.33m.  Thus,  oil had tumbled to $
g It seems that investors bottom-fishing for oil have been head-faked again as oil has presently reversed course falling about -3.5% and nearing $50 a barrel. f In an a report written by Edward
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
   e Market Snapshot:     Stocks are presently drifting slightly higher while the 10-year Treasury is also drifting slightly higher along with Gold. Meanwhile' Oil is up almost 3% at around $
f The global banking system, at least since 2008, has vastly overvalued collateral "assets". Governments of all major OECD countries with a combined GDP of about one-half of the world's total output
  Oil Plummets Again     Oil inventories have been rising consistently over the past 4 weeks; however, today's news from the US Department of Energy that shows that Oil inventories rose to 6.3
  Way, way back in 2014 there were six Eurozone nations whose debt-to-GDP ratio surpassed 100% - today there are eight -  33% more. Apparently few care to remember that the 1992  Maastricht
g Market Overview      Today's stock advance extended gain from Monday with traders saying the move wasn’t driven by any particular piece of news.  The big buyers yesterday, according to Goldman
d As we wrote before Christmas (here), deflation (falling prices) together with its various attributes is the dominant them for 2015. Nations and their respective central banks, are attacking
  Each week we look at the technical picture of the major investment markets.  When the Long-Term Indicator moves from Bullish to Bearish or Bearish to Bullish, we will comment on the reasons
[embed]http://iframewidth=640height=360src=https://www.youtube.com/embed/4g4nIFqdaW0?feature=player_detailpageframeborder=0allowfullscreen/iframe[/embed]   Oil Drilling Sector See Rates Skyrocket
,j I'm not sure whether to laugh or cry... but either way here are the sad but perversely funny facts which drove spending and therefore US Gross Domestic Product (GDP) for the 4th quarter so that 
 f THE GREAT CURRENCY WAR   ATTACKS . COUNTERATTACKS . CASUALTIES  f Mexico's Peso Collapsing      While being mostly ignored by the lame-brain media, the Peso now stands at a disastrous 15 to $1 US
22 Oil Edges Closer to $40       Despite yesterday's increase to $45, today oil is right back down - around $44 a barrel and appears to be heading ever closer toward $40: "Oil is incredibly
  In decades past, quantitative easing, monetization of national debt and zero interest rates were rare among developed nations.  Such central bank actions were limited to only the most extreme 
    Plummeting earnings caused by the strong US Dollar is ravishing big companies that do business overseas.  Everything from consumer products to pharmaceuticals have been hit hard but

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