Foreigners No Headwind For U.S. Stocks And Treasurys At This Moment, But No Major Tailwind Either

posted in: Credit, Economy, Equities | 0

The Treasury’s Treasury International Capital System data contain a treasure trove of useful information as relates to flows of money into and out of the U.S for purchases and sales of U.S. securities. On this post, we will deal with … Continued

July Foreign Purchases of US Equities Turn +VE – One-Off, Driven By S&P 500 Breakout, Or Something Else?

posted in: Equities, Technicals | 0

In July’s Treasury International Capital System data released last Friday, there was one particular data point equity bulls were probably happy to see. Global investors purchased $26.1 billion in U.S. equities in that month.  This was the highest monthly purchase … Continued

Persistently rising SPX vs decelerating contribution from sources of capital

posted in: Credit, Equities | 3

NYSE margin debt only increased $3.3bn in November.  The S&P 500 rose 2.5 percent in the month.  Except for brief ups and downs toward the middle of 2014, margin debt has essentially gone sideways for the first 11 months last … Continued