With today’s trade, WTI Crude oil is now up 45% from the lows set last month! That’s great news for the people who had endured a 75% fall from the 2014 highs to last month’s low. More than half of
March 7, 2016
The stock markets slumped a little today when Fed Vice-President Stanley Fischer said at an NABE conference that he is ‘starting to see signs of inflation in the data.’ Oh really, is that data related to the US economy? Because
Contrarian investing takes gumption. Not only are you buying assets that are hated by most investors, but you’re doing it at prices that are depressed. It’s a scary proposition for many people and because it requires such nerves of steel, most don’t do it. Add it
Back in November 2013, when few had an idea just how massive China’s debt bubble truly was, we explained “How In Five Short Years, China Humiliated The World’s Central Banks” and said the following: In order to offset the lack
This was the week where all major U.S. equity indexes finally broke above their 50-day moving averages. But most of them are still hovering well below their 200-day moving averages as well, which represents a broad and strong level of
The energy sector rally over the past four weeks has become insane. Apparently driving your car at a high rate of speed in order to (very messily) kill yourself is good for the stock of the company you founded. As a side
I have been hinting about going long nickel in several posts. I’ve now actually done it. Undervaluation The ten-year graphs on this site forecast that nickel will double in real terms in ten years. That’s a pretty good starting point. Nickel
Renowned precious metals guru David Morgan returns to Reluctant Preppers to weigh in on whether gold’s recent breakout from its trading bottom trading bottom signals a coming breakout for silver. Morgan also updates us on his #1 priority preparedness item
Earnings Expectations Dropping Rapidly Markets tend to peak before weakness shows up in economic and corporate data. The S&P 500 has not posted a new high since May 2015. Markets may have anticipated a slowdown in corporate earnings. From The Wall
Dispelling doubts over the health of the U.S. economy, strong February jobs data added a touch of optimism to last Friday’s proceedings. Jobs growth came in above most estimates, indicating a steadily improving labor market. A few niggles on wage
