Clarity is a virtue when it comes to the business cycle. It’s also unusual. The US is an exception, or at least it has been, according to Scott Sumner, an economist at Bentley University and a prolific blogger on macro matters. “The US has a really weird economy,” he writes. “All our recessions are 100% clear-cut. Either…
Since 2010, the best scoring names in our weekly mid cap reports have outpaced the S&P 400 by a median 4.07% in the following year. The best performers from our list from 1 year ago are ILMN up 87%, KNX up 81%, LVLT up 66%, ALXN up 58%, and AMED up 54%. The best mid…
OVERNIGHT MARKETS AND NEWS December E-mini S&Ps (ESZ14 +0.07%) this morning are up +0.11% and European stocks are up +0.27% ahead of U.S. data on Oct personal spending and Oct durable goods orders. EUR/USD is weaker and the yields on European government bonds fell to record lows on the prospects of further easing by the ECB….
While there has been no global economic outlook cut today, or no further pre-revision hints of “decoupling” by the apartchiks at the US Bureau of Economic Analysis, both European and US equities are pointing at a higher open, because – you guessed it – there were more “suggestions” of “imminent” QE by a central bank,…
Here is a preview of the monthly moving averages I track after the close of the last business day of the month. All three S&P 500 strategies are now signaling “invested” — unchanged from last month. Two of the five of the Ivy Portfolio ETFs, the Vanguard FTSE All-World ex-US ETF (VEU) and the PowerShares…
The capital markets are mostly quiet, amid a light news stream, and ahead of three key events in the coming days, with US markets closed tomorrow and light participation expected on Friday. These events are tomorrow’s OPEC meeting, the flash euro area inflation reading on Friday, and month-end portfolio and hedge adjustments. The odds of…
EUR/USD Signal Update Yesterday’s signals were not triggered and expired as although the price did reach 1.2442 during the London session, there was no bearish price action there on the H1 chart. Today’s EUR/USD Signals Risk 0.75% Trades must be made before 5pm London time. Short Trade 1 Go short after bearish price action on the…
T2108 Status: 69.1%T2107 Status: 53.8%VIX Status: 12.3General (Short-term) Trading Call: Hold (bullish positions)Active T2108 periods: Day #27 over 20%, Day #25 over 30%, Day #22 over 40%, Day #20 over 50%, Day #15 over 60% (overperiod), Day #97 under 70% (underperiod) Reference Charts (click for view of last 6 months from Stockcharts.com):S&P 500 or SPYSDS (ProShares UltraShort S&P500)U.S. Dollar…
The global economy is slowing down dramatically. Japan the third largest economy in the world just dropped back in recession.
The fundamental problem facing the global economy is not slow economic growth but political inequality. It’s striking: as economies stagnate, the top tier is living even larger while the low-income masses sink further into marginalized poverty. I call this widening divide between the vested interests/wealthy and the rest of society prosperity amidst the ruins. How can the…
