Things Could Get Real Ugly In The Wheat Market
Down trending MarketThe Wheat market is definitely in a downtrend right now, and if we look at the 6 month chart we stand at $7.42 a bushel as of the close of last week. If we break $7.20 a bushel,...
View ArticleBeggar Thy Neighbor’s Stock Market
Interesting chart which we suspected and all knew that, thus far, the 2013 macro equity trade x/ U.S. has been to be long those markets where the home currency is weakening against the dollar. The red...
View Article3 ETFs To Watch This Week: EWG, FXB, GLD
Wall Street experienced several lackluster days of trading last week, with most Asian markets closed for holiday. Stocks struggled to find a definitive direction as the bulls and bears seemingly...
View ArticleThe G20 Basically Gave The Green-Light For Massive Yen Devaluation
The following are the word from the G20 final communiqué that could weigh on the FX markets in coming days: - We will refrain from competitive devaluation. - We will not target our exchange rates for...
View ArticleUltimate Guide To COBO
Bonds are an enormous investment category, but investors often have to accept one of two related drawbacks with fixed income investments. Bonds where repayment is not an issue (like U.S. government...
View ArticleThe New Spanish Debt Stats Will Give You Chills
Proof there is no rebalancing in Europe is easy to find. For example, El Pais reports Spanish Debt Grows by €146 Billion.What follows is a Mish-modified translation of the above Google-translation.Key...
View ArticleHow To Take Profits And Cut Losses When Trading ETFs
Finding the right ETF to buy or sell is only half the battle; having a disciplined exit strategy is what separates average traders from consistently profitable ones. Most traders focus all of their...
View ArticleGas Prices Are On A Tear, And Analysts Are Puzzled
As gasoline prices rise above $5/gallon in LA (see video below), analysts are puzzled. Gasoline prices have been on the rise for the past 31 days, which is highly unusual for this time of the year....
View ArticleTechnical Analysis of the Cotton Market
By EconMattersThe Cotton Market & Historical SlumberThe Cotton market was a pretty calm market until the last four months of 2010 through the first four months of 2011 when it awoke from its giant...
View ArticleWhat Warren Buffet doesn’t understand about investing
[Editor's note: Tim Price, Director of Investment at PFP Wealth Management in the UK and frequent Sovereign Man contributor is filling in for Simon today from London, England.]“Price is what you pay;...
View ArticleOverview of the Capital Markets on Monday
There were a few developments in the capital markets on Monday, when the US and Canada were on holiday, that are noteworthy. Asia initially reacted to the G20 statement by extending the yen's...
View ArticleGreat Graphic: A Notable Decoupling
This Great Graphic was created on Bloomberg. The bar chart is sterling's performance against the dollar over the past six months. The line is the euro. One can readily see how well they tracked one...
View ArticleUBS: The British Pound Is At Risk Of 'Large-Scale Devaluation'
U.S. DOLLAR gold bullion prices failed to hold onto gains made in Monday's Asian session, falling to $1611 an ounce by lunchtime in London, just a few Dollars above Friday's six-month low, as the US...
View ArticleUnderwater Homes Are Still A Massive Dark Spot In The Housing Recovery
When Sally Herigstad and her husband wanted to buy a house recently in their Seattle suburb, they ran into some unfriendly numbers.They owe the bank about $360,000 on their existing home, but a sale...
View ArticleStanley Fischer to Replace Bernanke?
The Washington Post thinks it is a possibility.Dylan Matthews’excellent piece – run don’t walk to read — speculates on the former: 1) MIT/University of Chicago professor; 2) Ben Bernanke Ph.D....
View ArticleTuesday’s ETF Chart To Watch: Dow Jones U.S. Home Construction Index Fund (ITB)
U.S. equity markets will resume regular trading hours later today following their closure yesterday in observance of President’s Day. While investors at home took the day off, European markets sank...
View ArticleEuropean Car Sales Had Their Worst January Since 1990
PARIS, Feb 19 (Reuters) - Ford, PSA Peugeot Citroen and Toyota led European car sales to a new low in January, kicking off 2013 with an 8.5 percent decline, the Association of European carmakers said...
View ArticleMore Bad News At The Gas Pump For The US Consumer
As gasoline prices rise above $5/gallon in LA (see video), analysts are puzzled.Gasoline prices have been on the rise for the past 31 days, which is highly unusual for this time of the year.Typically...
View ArticleStop Freaking Out About The Rise In US Food Stamp Usage
I’ve seen a common theme in the comments section from the “America is falling into an abyss” crowd – the recent rise in food stamp usage. Without getting political, I figured I’d take a look at the...
View ArticleThe Dollar's Five Keys in the Week Ahead
With the end of Asia's lunar new year celebration and the return of the US and Canadian markets after yesterday's holiday, there is full liquidity in the global capital markets for the first time in...
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