The Opaqueness of US Economic Policy

The Opaqueness of US Economic Policy

  By Marc Chandler.   It is not just the fear that the investigations into Russia’s attempt to influence the US election willdistract from the Trump Administration’s economic program.  It is also that the economic agenda [...]
Markets Adjust to North Korean Threat, Fifth Fall in US Oil Inventories and Trump Drama

Markets Adjust to North Korean Threat, Fifth Fall in US Oil Inventories and Trump Drama

By Marc Chandler.   Investors absorbed a few developments that might have been disruptive for the markets with little fanfare.  North Korea’s ambassador to the UK warned that his country would go ahead with its sixth nuclear [...]
Curtains for Global Financial Regulation

Curtains for Global Financial Regulation

  By Peter J. Wallison.   Last Wednesday was Daniel Tarullo’s last day as a Federal Reserve governor. As the Fed’s point man on banking regulation since 2009, he played a key role in the Obama administration’s attempt to create [...]
Markets Limp into Month End

Markets Limp into Month End

Marc Chandler.   Equity markets are stalling into the end of the month.  MSCI Asia-Pacific Index is snapping a six-day advance, and the week’s gain was sufficient to extend the advancing streak for the fourth consecutive [...]
Two Billion People Depend On Imported Food

Two Billion People Depend On Imported Food

The Daily Journalist   Researchers show empirically: when population pressure increases, food is imported The Earth’s capacity to feed its growing population is limited – and unevenly distributed. An increase in cultivated land [...]
The Brexit War! EU Fearing Collapse Set to Stoke Scottish Independence Proxy War

The Brexit War! EU Fearing Collapse Set to Stoke Scottish Independence Proxy War

  By Nadeem Walayat.   On Wednesday 29th May 2017 Theresa May’s post man in Brussels hand delivered a 6 page letter to Donald Tusk the President of the European Council, triggering Article 50 of the Lisbon Treaty starting the [...]
The Unaccountable Military Industrial Complex Is Destroying America and the Rest Of The World Too

The Unaccountable Military Industrial Complex Is Destroying America and the Rest Of The World Too

By Jeff Berwick.   On Jan. 17, 1961, US President [...]
The US Government Hits Its Debt Target (Ceiling) Again As Trump Has No Plan To Reduce Size of Government

The US Government Hits Its Debt Target (Ceiling) Again As Trump Has No Plan To Reduce Size of Government

    By Jeff Berwick. .   Many people fell for Donald Trump’s pre-election promises, but we warned there would be no major changes made and that Trump was an elite insider. How right we were. Here was a list of his biggest [...]
Companies That “Cheat” On Their Income Taxes

Companies That “Cheat” On Their Income Taxes

By Alan Singer. I met with my accountant on Monday. The bad news is once again I owe additional federal income taxes. I don’t have a fancy lawyer or any special tax breaks – so I paid. A little painful, but I figure I am paying [...]
Bonds and Equities Rally, Dollar Heavy

Bonds and Equities Rally, Dollar Heavy

By Marc Chandler.   Hit by profit-taking ahead of the weekend, despite US jobs data that remove the last hurdle to another Fed hike this week, the greenback remains on the defensive.  It has softened against all the major currencies [...]
Correction Coming?

Correction Coming?

By Chris Vermeulen.   The correction in the markets is coming. The markets will correct in the short term, which will allow them to move much higher in 2017. The short-term indicators of market momentum are overbought. The trend indicators [...]
A public finance case for keeping the Fed's balance sheet large

A public finance case for keeping the Fed’s balance sheet large

By David Andolfatto.   Former Fed Chair Ben Bernanke recently asked a question concerning the optimal long-run size of the Fed’s balance sheet (Should the Fed keep its balance sheet large?). Bernanke comes down on the side of [...]
The Trump Rally Is Just Getting Started!

The Trump Rally Is Just Getting Started!

By Chris Vermeulen.   Have you ever been presented with an opportunity and missed out on it? Well, here is an opportunity you Do NOT want to miss out on. Based upon my unique “Cycle Analytical” work combined with my “Proprietary [...]
Corrective Forces Emerge, Tempering the Dollar's Rally

Corrective Forces Emerge, Tempering the Dollar’s Rally

By Marc Chandler.   Several trend moves of the past couple of weeks are correcting. Signs of the correction began yesterday in North America.  The dollar was unable to sustain gains despite a string of stronger than expected data, [...]
Trump’s Energy Policy May Impact LNG Industry

Trump’s Energy Policy May Impact LNG Industry

By Reza Yeganehshakib. President Trump’s statements about deregulating energy production in the US, as well as recent developments in US LNG capabilities (such as Cheniere Terminal’s first export last spring and the growth of Sabine [...]
Market Melt-up Brings Volatility to Metals

Market Melt-up Brings Volatility to Metals

By Chris Vermeulen.   Our recent analysis bases on a previous report of the potential for a further run in the US markets based on a number of technical and fundamental factors leads to the question of “what could happen with Gold [...]
The World’s Most – And Least – Miserable Countries in 2016

The World’s Most – And Least – Miserable Countries in 2016

By Steve Hanke.   In what follows, I update my annual Misery Index calculations. A Misery Index was first constructed by economist Art Okun as a way to provide President Lyndon Johnson with a snapshot of the economy. The original Misery [...]
Massive VIX Warning for all Traders

Massive VIX Warning for all Traders

By Chris Vermeulen. My analysis of the recent VIX action is clearly warning of a potentially massive price volatility increase in the US and global markets. Many traders use and trade the VIX as a measurement of volatility. The VIX is a [...]
Obama Leaves, Hope Arrives, Will Stupid Stay?

Obama Leaves, Hope Arrives, Will Stupid Stay?

By Barry Ferguson.   Obama’s presidential term will mercifully expire on 1/19/17. Hallelujah! He can quickly descend to his correct historical position as the second worst leader in american history beside the 28th president, Woodrow [...]
Five Events that Will Drive the Capital Markets in the Week Ahead

Five Events that Will Drive the Capital Markets in the Week Ahead

Marc Chandler.   Like many, we recognize that political factors may overshadow macroeconomic drivers in shaping the investment climate in the period ahead.  We suspect this will be very much the case in the coming days  It is not [...]