Author: Kevin Klombies

On a daily basis we write about what we are thinking about. Whether we are thinking about important or even relevant things is open to debate. Today, for example, we have been pondering a quote that we have heard in relation to...

We are going to start off today (month, year) with two rather complicated topics. Apologies in advance. In the autumn of 2001 two things happened within the markets. The combination of long-term U.S. Treasury prices and the U.S....

We have a tendency to be ‘early’ with respect to many of our views. Often we are months- if not years- ahead of the trend. We suspect that our comments yesterday with regard to U.S. home prices is going to be a...

Our intermarket arguments are going to get a good test in the days to come. We have suggested that crude oil prices are headed lower in response to a stronger dollar and slower Asian growth. On the other hand crude oil futures...

Bloomberg, Dec. 20, 2011: Stocks rallied, with the Standard & Poor’s 500 Index rebounding from its lowest level of the month, and Treasuries fell as U.S. housing starts topped economists’ estimates and German...

We are always amazed (and impressed) when the markets can go into a period of complete chaos only to stop at a precise point. To us this suggests that the sum of all decisions places an order over apparent randomness. Or...

The thesis is that we are going to go through a period of marked energy price weakness and the markets will view it as a good thing. This is a difficult argument to make given that the equity markets are still rising and falling...

After virtually ignoring the markets for the past two weeks only to return to yet another chaotic session it makes some sense to stick with macro thoughts and themes for a day or so. The template that we have been working with...

Note: We are once again going to be AWOL for the first two weeks of December. As usual we fully expect to come back on December 12th to a host of queries about the abrupt end to our daily publication schedule so the answer is...