It’s important to understand what is driving U.S. Treasury rates down as the reason will shape your outlook for the market. If you believe that yields are lower as investors price in greater geopolitical risk and/or a worsening US economic growth forecast, then you would expect the stock market has it wrong and shouldn’t be near its highs and will recouple with bond yields and sell off.
The always popular and controversial Martin Armstrong, creator of the widely cited Economic Confidence Model, gave some interesting predictions for the market along with his thoughts on Putin and Russia in a recent interview with Financial Sense Newshour.
For a long time, many in the gold and silver communities have been saying that the prices of the monetary metals are manipulated. Recently, one particular allegation came to prominence because it was asserted by the German regulator BaFin.
President Putin made a triumphant visit to Crimea on the 9th May, as the region held its first Victory Day commemorations since being annexed by Russia. Mr. Putin extolled Crimea's "return to the motherland"...
In a recent interview with Financial Sense Newshour, David Nicoski, Director of Research at Vermilion, said that the selloff in U.S. small cap and technology stocks is due to investors rotating into Europe and international equities as the global economy recovers.
We are at a near term decision point for the US stock market from which technology and small cap stocks must lead the next leg higher, if there is going to be one. Look for the market’s next leg higher, or a corrective decline, to begin from right here.
Tom McClellan says that, as the market has consolidated since the beginning of the year, we are actually seeing a bullish condition as the number of stocks advancing to new highs continues to steadily increase. Since this indicator usually peaks well before a major top, like it did in 1998 or in 2007, it is a very helpful tool for determining the strength of the overall market trend.