7-1-15Secular Market Top – Since January 2000+53.3% Dow+171.8% Transports+94.2% Utilities+40.4% S&P 500+22.5% Nasdaq+52.2% 30yr Treasury Bond+304.6% Gold+132.3% OilFrom High to Low+304.6% Gold+171.8% Transports+132.3% Oil+94.2% Utilities+53.3% Dow Jones+52.2% 30 Year Treasury+40.4% S&P 500+22.5% NasdaqIt is easily seen that in the year 2000 the Nasdaq was horribly overvalued and gold was on the give away table, such lopsided returns 15 years later!Here […]
I don’t agree with the slow-growth-indefinitely forecasts.I’ve long said that, until global deleveraging is completed, gross domestic product will continue to grow by about 2 percent annually. I’ve also noted that reducing debt levels after a financial crisis, especially one caused by a borrowing binge, normally takes about a decade. This episode is eight years old, and at the rate […]
The stock markets have delivered a verdict against Narendra Modi’s big budget – Quartz
Not excited.(Reuters/Danish Siddiqui)
SHAREWritten byMadhura KarnikFebruary 28, 2015This post has been updated after the markets closed.After a volatile day of trading, the Indian stock markets closed 0.43% higher than the previous close. The improvement in the market sentiment only surfaced towards the end, when investors erased losses.The Sensex […]
SummaryWar risk is one of three key fear areas today: war, bubbles or overvaluation, and economic slowdown or deflation.
Historical evidence from 1898 shows that US wars have not had an adverse impact on US stocks overall – avoiding stocks due to war has not […]
The year 2016 will see a number of important events: the US presidential election, the Summer Olympics, and, according to a growing number of market analysts, another financial crisis.Why? What’s so special about 2016? That’s the interesting thing—they all have different reasons.First, I have to admit, I didn’t realize this pattern until it reached a certain level of blatant obviousness […]
WASHINGTON (AP) — A White House review of how the government and private sector use large sets of data has found that such information could be used to discriminate against Americans on issues such as housing and employment even as it makes their lives easier in many ways.”Big data” is everywhere.It allows mapping apps to ping cellphones anonymously and determine, […]
Bitcoin Center NYCAllan Stevo shouts out Bitcoin orders from a makeshift stand at the Bitcoin Center NYC.The floor of the New York Stock Exchange has been pretty quiet for years now, most of the trades having moved onto servers in New Jersey. If you want real pit action, you need not travel very far: One block up Broad Street […]
Editor’s Note: Todd posts his vibes in real time each day on our Buzz & Banter.The equity landscape continues to scrape sideways, a continuation of yesterday’s price action, as stocks work off the overbought condition as a function of time rather than price. The bears had an opportunity late last week and took a solid downside swipe, but that pressure […]
