Here is the latest picture for pro-risk proxies. A new uptrend appears to have begun in late April, following an overall downtrend since the turn of February (equities traded overall … Continue reading
Starting with leading indicators, the latest Conference Board table is a sea of green: Source: Conference Board Global money supply suggests a flattening out of industrial output in mid-year, but … Continue reading
The SP500 has pushed up to the 1600 zone, which fits with the Birinyi/Bannister target, in a potential overthrow move. Plus this weekend marks the shift from the lunar positive … Continue reading
Time for an updated look at the big picture: is a secular commodities peak ahead or behind us? Here is the equally weighted commodities index. It remains in the nose … Continue reading
The latest CB leading indicator summary looks unequivocally strong: Source: Conference Board US economic surprises are also positive and in an uptrend: Source: Ed Yardeni However Eurozone economic surprises are … Continue reading
Got internet this morning so time for a post. The chart below reveals that pro-risk (proxied by MSCI World Equities, Euro-USD, CCI equally weighted commodities index and 30 year treasury … Continue reading
…I will be in a motorhome, touring NZ North Island, so internet access is going to be occasional and fleeting. So an update and roundup on the markets below, and … Continue reading
Certain key assets are finely poised as we enter December. The UK FTSE is once again attempting upside breakout from its long term triangle. The German Dax is also back … Continue reading
The Hang Seng is at long term resistance, attempting to break out. By my secular/solar history analysis, the kind of path shown by the arrow would be appropriate, i.e. a … Continue reading
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