Chris Puplava's picture

Summer is officially here. The kids are out of school and families are beginning to embark on summer vacations. Everyone is in a good mood, particularly investors when looking at equity put to call ratios.

Doug Short's picture

The Third Estimate for Q1 GDP, to one decimal, came in at -2.9 percent (rounded from -2.93 percent), a substantial downward revision from -1.0 percent in the Second Estimate and a major plunge from the 2.6 percent of Q4.

Joseph Dancy's picture

Despite the markets performing well retail investors across the board have dramatically increased their allocation to cash according to a new State Street study. Cash allocations have jumped in the past two years with the average rising...

Doug Short's picture

The Latest Conference Board Consumer Confidence Index was released this morning based on data collected through June 13. The headline number of 85.2 was an improvement over the revised May final reading of 82.2...

Jeffrey D Saut's picture

Importantly, I am always trying to manage the “risks” inherent with investing (or trading), for as Benjamin Graham stated, “The essence of investment management is the management of risks, not the management of returns.

Robert Rapier's picture

While Canada has become a much more important source of U.S. crude oil, imports from Saudi Arabia, Mexico, Venezuela, Iraq, Nigeria, and Angola have all seen double-digit declines over...

Keith Weiner's picture

Something extraordinary occurred last week. On Wednesday, the Fed made a routine announcement. That day, the price of silver was rising, but not out of the normal. Fireworks began last Thursday, and in 6 hours, the price of silver skyrocketed by 5%.

Gail Tverberg's picture

The story of energy and the economy seems to be an obvious common sense one: some sources of energy are becoming scarce or overly polluting, so we need to develop new ones.

Chris Puplava's picture

Perhaps the biggest story of 2014 for U.S. investors is the return of the inflation trade as U.S. inflation rates as measured by the Consumer Price Index (CPI) have bottomed and accelerated over the last few months.

Doug Short's picture

The Latest Conference Board Leading Economic Index (LEI) for May is now available. The index rose 0.5 percent to 101.4 percent. April was revised down 0.1 percent (2004 = 100). The latest number came in slightly below the 0.6 percent forecast by