The Sellside Chimes In On The Crude Crush: “This Will Rever

The sell-side is worried… SocGen’s head of oil research Mike Wittner warns “this will reverberate for years”… (via Bloomberg) OPEC decision to keep output target is “unambiguously bearish,” “We are entering a new era for oil prices, where the market itself will manage supply, no longer Saudi Arabia and OPEC” “It’s huge,” he says by phone…

November 2014 Chicago Purchasing Managers Barometer Rises And Fal

Econintersect: The Chicago Business Barometer declined 5.4 points after increasing 5.7 points last month, driven by a large decline in new orders. The market expected the index between 62.0 and 65.0 (consensus 63.2) versus the actual at 60.8. A number below 50 indicates contraction. From the authors of the index: The Barometer‘s decline reversed nearly all…

4 Steps For Avoiding A Capital “C” Catastrophe

When the tech and real estate bubbles burst, many of my friends lost 40-50% of their retirement portfolios almost overnight. Whether you’re at the tail end of the baby boomer generation or already retired, lopping 40-50%—or more—off the value of your nest egg would be catastrophic. Which begs the question: is a similar downturn looming? Take…

The Risks With Using Email For Business

Email is an incredibly useful tool for businesses dealing with basic information. However, using email to communicate with customers and other businesses can pose a serious risk for your  business if you don’t take the proper precautions. Because of the risks inherent in unencrypted email communications for hackers and identify  thieves, businesses are warned to…

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Since 2010, the average return for our weekly best scoring small caps has outpaced the R2K by a median 759 bps over the following year. The best performers from one year ago are HA up 111%, GTIV up 57%, UEIC up 55%, and ARII up 55%. The best small cap sector is utilities. The top…

The Freak Show Is In Full Effect

The December futures roll was also one for the ages.  On Nov. 20 there were 162,509 December contracts, and now we go into first day notice Friday with 11,524 standing. That is still enough to be disruptive and take all Crimex deliverable gold. Incredibly, only about 30% of these Dec. contracts rolled out to the…

“Gold Is A 6,000 Year Old Bubble” – Citi’

Citigroup may have been unable to prevent the Netherlands from repatriating some 122 tons of “a fiat commodity currency with insignificant intrinsic value“, or in the words of Ben Bernanke, “tradition”, but it sure won’t stop that erudite expert on the timing of Greece’s exit from the Eurozone, Willem Buiter, from doing all in his…

A Flawed Analysis Of What Ails The Economy

A Popular Meme, that Remains as Wrong as When it Was First Conceived A recent article in the Guardian mocks JC Juncker’s latest scheme to produce some €300 billion in “investment” with a magical money multiplication scheme. Naturally, we agree that Juncker’s plan is deeply flawed, to put it as politely as possible. We have pointed this out…

USD/JPY Forex Signal – November 27, 2014

USD/JPY Signal Update Yesterday’s signal was not triggered and expired, as the price never hit 117.03. Today’s USD/JPY Signal Risk 0.75% Trades may only be entered between 8am London time and 1pm New York time; and then after 8am Tokyo time. Long Trade 1 Go long following bullish price action on the H1 time frame immediately…