New home sales dropped last month, but I think “normalized” would be a better description. Dr. Bill Conerly based on Census Bureau data New home sales On the accompanying chart, I show the data (seasonally adjusted, annual rates) as reported
February 27, 2018
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The April natural gas contract took over as the prompt month contract today, and despite early morning declines prices were able to bounce through the day and pulled back only slightly into the settle. Prices initially bounced just above the
U.S. Army Camel Corps. The scene in the photo depicts a soldier, apparently leading the charge, somewhere in the Southwest, USA, whilst atop a camel. I find the idea of a camel as mode of military transport fascinating. In 1855,
Lithium has witnessed robust gains in the recent past, as bullish trends for electric carmakers have made investors park their money in lithium-focused investments. This is because electric cars are powered by lithium ion batteries and major carmakers across the
(Audio length 00:07:16) Doc joins me today to look at the metals charts and assess the likelihood of recent resistance to hold. We also look to the gold stocks and the near breakdown they are at.
The new Fed Chairman deluxe was answering questions before the Congress today. And the old chairs, Zimbabwe Ben and Janet, were discussing economic war stories, tall tales, and their mighty bubble adventures at the Brookings Institution today. Mr. Jerome Powell, may I
Just when you thought it was all over… Video length: 00:01:55 Quite a chaotic day across asset-classes today – the most chaotic since the XIV crisis moves… Once Powell had finished his prepared remarks and confidently expressed his expectations for
First of all, sorry for the lack of posts lately. Long story, but rest assured, I am back on track and the old ‘tourist regular postings have resumed. Next up, today I will write about Canadian real estate. I know,
The latest Conference Board Consumer Confidence Index was released this morning based on data collected through February 15. The headline number of 130.8 was an increase from the final reading of 124.3 for January, a downward revision from 125.4. Today’s number was
