From time to time we argue that it is getting close to the point in time when the Federal Reserve will start to raise the Fed funds target rate. We thought we would ‘snug’ this argument up just a bit to show that...
Read MoreBelow we show a comparison between Hong Kong’s Hang Seng Index and the ratio between the share prices of Amazon (AMZN) and Wal Mart (WMT).The argument is that the AMZN/WMT ratio trends with the Hang Seng Index and Shanghai...
Read MoreOct. 22 (Bloomberg) — Copper fell from the highest price in almost 13 months in New York as the dollar strengthened, eroding metals’ appeal as an alternative investment. Oct. 23 (Bloomberg) — The dollar traded...
Read MoreOct. 21 (Bloomberg) — China’s stimulus-induced lending binge probably propelled growth in the third quarter to its fastest pace in a year. Now, policy makers have to figure out how to wean the economy off state...
Read MoreThe chart below shows the ratio between Japan’s 10-year bond futures (JGB) and the U.S. 10-year T-Note futures from 1990 to the present day.Quickly… the argument is that following the peak for Japanese growth ...
Read MoreBelow is a chart comparison that includes two opposing trends. In attempting to sort the relationships out even our eyes glazed over somewhat but we believe that this will be worth the effort. At least we hope so.The first trend...
Read MoreSome believe that there are no such thing as problems- only opportunities. If that is the case then we readily admit that the current market is causing us no end of opportunities. In the process of constructing a thesis we draw...
Read MoreToday we have included two charts of the U.S. Dollar Index (DXY) futures along with an annual percentage Rate of Change indicator. The major bottoms for the dollar in 1992 and 1995 coincided with 15% year-over-year declines...
Read MoreOct. 13 (Bloomberg) — Intel Corp., the world’s biggest chipmaker, forecast sales and profitability that topped estimates, indicating that computer demand is returning to pre- recession levels. The shares jumped 6.4...
Read MoreTo start things off today we are going to take a look at the chart below of the ratio between crude oil futures prices and the CRB Index. The chart runs from 1988 to the present day.The argument is that over a ten year period...
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