William Smead Chief Executive Officer Chief Investment Officer Printable VersionSubscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: Economists, policy makers, regulators...
Read MoreBy Tim Evans We all witnessed a global equity market meltdown of equity prices over the last 12 months. During the same time frame, we saw a boom-and-bust cycle in commodities. In my opinion, we are now in the middle of a...
Read MoreIB FX View Britain thrown to the pigs Thursday May 21, 2009 The British pound is recovering from an earlier belly-ache brought on by the specter of a loss of its AAA credit rating. According to Standard & Poor’s, there is a...
Read MoreALARON LAS VEGAS US EQUITY FUTURES REPORT 05/20/2009 US STOCKS RETREAT FROM EARLY GAINS. FINANCIALS TURN SOUTH ON PROFIT TAKING, FOMC MINUTES US EQUITIES suffered a late day selloff on Wednesday after the release of the US FOMC...
Read MoreALARON US TREASURY FUTURES REPORT 05/20/09 ECONOMIC DATA 05/21/09: all times EST 8:30 AM US JOBLESS CLAIMS (645K) 10:00 AM US LEADING INDICATORS (1.0%), PHILA FED SURVEY (-20.0) 10:30 AM EIA NAT GAS INVENTORY 11:00 AM US 2,5,7...
Read MoreHistory Will Show That Alan Greenspan Played a Key Role in Creating the U.S. Housing Bubble By Peter D. SchiffGuest ColumnistMoney Morning Back during the U.S. invasion of Iraq, when the U.S. government issued its now-famous...
Read MoreIB FX View A giant parabola Wednesday May 20, 2009 An outburst of technical buying of all major currencies against the dollar saw the U.S. unit on a trajectory towards the trash can as hardened dollar bulls were mercilessly...
Read MoreIn today’s column I point out a few things about the market that remain bearish as well as lay out a bullish scenario. The VIX dropping like a stone only gives me more reason to doubt the rally.Also, the trendline from the...
Read MoreALARON LAS VEGAS US EQUITY FUTURES REPORT 05/19/2009 US STOCKS PUT POOR HOUSING DATA IN PERSPECTIVE, MARKET HOLDS ONTO MONDAY’S GAINS AS VIX READING DROPS TO LOWEST LEVEL IN EIGHT MONTHS. US EQUITIES posted a relatively neutral...
Read MoreALARON US TREASURY FUTURES REPORT 05/19/09 ECONOMIC DATA 05/20/09: all times EST 10:30 AM EIA INVENTORY REPORT (Crude oil, products, capacity utilization) 2:00 PM FOMC MINUTES SUMMARY OF DATA 05/19/09 US HOUSING STARTS (458 K...
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