Author: Kevin Klombies

On the one hand the damage to asset prices- so far- in 2011 has been significantly less than it was back in 2008. On the other hand a case can be made that the pressures within the markets are almost exactly the same as the very...

As simply as possible… we are currently in a commodity markets price crash. At least that would be the tweeter-sized explanation.The problem with carry trades is that eventually the flow of money slows and then reverses...

The markets continue to work through a weaker cyclical trend emanating in large part from a slow down in Asian growth. This correction is resulting in a reversal in the flow of money which, in turn, impacts a variety of markets....

We are going to blaze far too quickly through a very important topic. The premise is that one should favor or be long those sectors that are putting upward pressure on interest rates while avoiding or being short those sectors...

We noticed a head line yesterday that asserted that falling copper prices meant that stocks were going to tumble. We try to do a better job of avoiding these kind of head lines but this one managed to get past our defense...

The news remains… dire. Report after report focuses on a sovereign debt crisis shifting into a full-blown banking system crisis. The good news, we suppose, is that the markets have been fixating on this issue for much of...

We have argued from time to time that economic growth is caught between the start of a recovery and the eventual picking up of the slack created by the post-recession output gap. In simpler terms it is similar to the length of...

As the days, weeks, and months roll by we get closer and closer to the final quarter of 2011. While perhaps not important in any number of ways we have argued over the past few years that this may prove to be a key turning point...

Every time we read or hear the financial news we are amazed that the stock market hasn’t fallen even further. Surely the bears have to be right given the state of  global growth and the apparent certainty of a Greek...

The trend is so close to tipping over into something substantially more serious that we are inclined to view things from a ‘half full’ perspective today. In other words we are going to focus not on why the markets...