Gold just broke out of a massive base, suggesting much higher prices in the future. At the same time, its current pace of gains has a parabolic touch to it. A pullback to successfully retest the breakout will greatly strengthen … Continued
In the midst of a flattening yield curve, the 10-year T-yield is once again hammering on resistance at just north of three percent. Just a month ago, these notes yielded 2.81 percent. At least a pause is due, raising the … Continued
For first time in over four years, the 10-year Treasury rate surpasses three percent, only to raise the possibility that this is as high as it is going to go at least in the short term. After several quarters of … Continued
Ratio of personal interest income to payments declines for three years now Persistent rise in number of 65 years and over who are employed Suppressed rates past six years no good news for seniors In his inaugural blog post on Tuesday, … Continued
Sideways movement in margin debt a sign investors’ risk appetite waning? 35-year correlation between stocks and margin debt of 0.95, 2014 was only 0.28 In 2000 and 2007, peak in margin debt preceded peak in C&I loans by one-plus year … Continued