Adrian Ash's picture

Gold prices sank at the start of New York trade on Friday, dropping 2.5% to hit 3-week lows beneath $1235 per ounce after new U.S. jobs data came in much better than analysts forecast.

Doug Short's picture

Every week I post an update on new unemployment claims shortly after the BLS report is made available. My focus is the four-week moving average of this rather volatile indicator. The financial press generally takes...

Michael Shedlock's picture

I received several requests to comment on an article written by Antal E. Fekete entitled the Counter-Productive Monetary Policy of the Fed. The subtitle of his article is "Sowing Inflation, Reaping Deflation".

Sheraz Mian's picture

The jobs report reconfirms that the U.S. recovery is for real and here to stay. What this means is that the U.S. economy is more than capable of absorbing the coming Fed tightening cycle, notwithstanding...

Robert Rapier's picture

When I made my energy predictions for 2015, I made some very aggressive predictions. Perhaps the most aggressive was that the closing price of West Texas Intermediate would not fall below $40/barrel (bbl) in 2015.

Marc Chandler's picture

The Great Financial Crisis lingers. The fact that the world economy continues to grow does not change that fact. There are different lenses from which one can view the crisis and seek to understand its implications.

Matthew Kerkhoff's picture

A number of analysts and advisory firms have recently made the case that Dow Theory has issued a sell signal, indicating that the major trend of the market is now down. Let's examine the price action driving these calls to...

Urban Carmel's picture

The price of oil has dropped 60% in little over a half year. In the past few days, the price has jumped 15%. It's the first significant rally in oil since the plunge began. So, has the drop in oil prices ended? Probably not.

Chris Puplava's picture

The biggest culprit for the weakness in the junk bond market is the energy sector, which has been one of the biggest issuers of junk bonds in recent years. While the argument makes sense I wanted to dig a little deeper to see if the warning from the junk bond market...

Michael Shedlock's picture

With the huge spotlight on Europe, Greece, the U.S. Dollar, Canada, Switzerland, and China, it's easy to lose track of major things outside of mainstream attention. Like what? Like Australia.