Inflation Decelerates Before I get into the latest market moving headlines this week, I want to emphasize the recent movement in inflation. While I have mentioned the decelerating inflation in passing, I didn’t give it enough coverage considering the large
April 24, 2017
About two months ago I wrote about Emmanuel Macron as a risk, rather than a saviour. Today, following his 1st round presidential victory in France, I feel even more that he represents a risk that is unappreciated. Here’s why. As
The US markets gapped up today and the VIX made a big gap down. I am not buying into this move today. Some quick comments on the USD, gold and silver is also included in this market wrap. After looking
The Chart of the Day belongs to IHS Markit (INFO). I found the business information stock by using Barchart to sort today’s All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of
Based on the hourly view, oil futures have moved down from the 53.76 high in a five-wave impulse pattern. We have a near-term extension target to 48.69; but we are close. So a corrective rally may be due. We have
The Bretton Woods system was intentionally set up to funnel monetary convertibility through official channels. The primary characteristic of any true gold standard is that any person who wishes can change paper claims into hard money. It was as much
The next two weeks in France… According to the bookies, it’s a done deal… Stocks Up, Oil Down So stocks soared… Trannies best on the day but Nasdaq hit a new record high, desperately trying to tag 6,000…
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Donald Trump’s tweet on Saturday for plans of a “big” tax reform announcement on Wednesday has probably been overshadowed by Sunday’s event. The first round victory for Macron and going head to head with Le Pen certainly propelled Europe, but
As you most probably have heard the French elections settled on the ‘base case’ candidates, Le Pen and Marchon. None of the old line, established parties made the cut. Le Pen is the hard nationalist right and anti-EU. Macron appears
