December 19, 2015
Yield Curve and Spreads: Fed’s Real Policy Error in Pictures; What’s Next?
Visit site: Yield Curve and Spreads: Fed’s Real Policy Error in Pictures; What’s Next?
Hard hitting global and local news
Hard hitting global and local news
Visit site: Yield Curve and Spreads: Fed’s Real Policy Error in Pictures; What’s Next?
Link: Fed Funds Effective Rate Shows Fed Did Indeed Hike by 25 Basis Points
Link: Fed Funds Effective Rate Shows Fed Did Indeed Hike by 25 Basis Points
Meanwhile my main theme for Q3 and Q4 of this year – the price of capital rising continues – I don’t need to remind you but it has been carnage. Tactical I leave 2015 risk wise very light on positions – my price signals are not flashing yet, and the only positions I will want to own are upside in crude (WTI), Gold/Silver, and a weaker US$
Read More: Empire State Manufacturing Contracts Fifth Month, Employment and Workweek Worst Since 2009
More: Stocks More Overvalued Now Than 2000 and 2007 No Matter How You Look at Things
More: Retail Sales Soft Again (Unless You Exclude Everything Weak); How to Uncover the Hidden Consumer Strength!
Import/Export Price Deflation: Export Prices -0.6%, Double Consensus Estimate; Import Prices -0.4% Half Estimate; Net Negative for GDP Import/Export Price Deflation Import/export price deflation continues in November. The kicker this month is a decline in exports prices greater than the decline in import prices with agricultural products leading the way, down a steep 1.1%. The Bloomberg Econoday consensus estimate was for export prices to dip -0.3% and import prices to dip -0.8%
Yesterday, I received an email from Sal Khan, founder of the Khan Academy .
The Canadian dollar, affectionately known as the loonie because of a loon on the one dollar coin, has crashed vs. the US dollar. US Dollar vs