Monthly Archives: December 2014

Market Commentary: Lower Open On Soft Global Data

Written by Gary Gary is off , and the market open comes from our syndication partner Investing.com U.S. stocks fell at the open on Monday as manufacturing growth across Asia and Europe eased in November, while retailers could be pressured as Thanksgiving weekend in-store sales failed to impress. The Dow Jones industrial average (DJI) fell 44.31…

The Deceleration In US Money Supply Growth Rolls On

The Federal Reserve is reportedly on track to start raising interest rates next year, but the tightening is already underway if only in relative terms. Indeed, there’s a conspicuous directional change in the year-over-year comparison in the real (inflation-adjusted) monetary base. The substantial deceleration of the growth rate that’s been unfolding this year isn’t surprising…

Bitcoin Continues Volatility Streak

One of the biggest advantages of Bitcoin is its user anonymity. Many analysts consider this to be one of the main reasons as to why it drew such extensive clientele. However, this supposed strength is about to be challenged as a group of cryptographers in Luxembourg recently released paper, singling out some glaring faults in…

Doc Copper Suggesting S&P 500 Could Take A Big Fall

  CLICK ON CHART TO ENLARGE Over the years Copper has been viewed as a leading global indicator for economic conditions and often stock market performance. The chart below takes a peek at year-to-date performance of Copper ETF (JJC), Freeport McMoran (FCX) and the S&P 500, showing weak performance in the Copper sector, with the opposite happening in…

10-2 Yield Curve W/ Gold

Here is the big picture view of the 10yr-2yr Treasury yield spread with gold shaded in the background. People who successfully get through this bear market in gold will have done so because they tuned out hype like Indian and China demand (funny how promoters always tout the demand but never the supply, unless ranting…

Changing Bankruptcy Laws For Banks

Today, Congress is going to pass quietly behind the scenes changes to the BANKRUPTCY LAWS illustrating the growing fear that we are going to see a sharp economic decline ahead. The proposed new law would eliminate protections for certain financial contracts that made big bank bankruptcies nearly impossible in the past. Under the current law, if a…