Market Observations on the Markets

Chris Puplava's picture
Chris Puplava
10/26/2016 - 10:52
Philly Fed state coincident data came out today and more states across the country are starting to contract. Looking at the snapshot below, positively growing states still dominate the map (and don't give much of an alarming picture), but a...
Marc Chandler's picture
Marc Chandler
10/25/2016 - 08:43
There were two dogs that did not bark this year. The Japanese yen, which despite negative interest rates and an unprecedented expansion of the central bank's balance sheet, strengthened 15% against the dollar.
Patrick O'Hare's picture
Patrick O'Hare
10/24/2016 - 09:25
The US Dollar Index includes six component currencies. It's a six-pack with some added kick to it these days, too, seeing how the US Dollar Index has been surging since early October and is trading at eight-month highs.
FS Staff's picture
FS Staff
10/21/2016 - 10:15
Problems are cropping up around the world. In the Middle East, we’ve seen Obama sacrifice everything to get the nuclear deal with Iran, Coxe stated. The center of conflict has shift, he added, with Europe no longer being the epicenter.
ValueWalk's picture
10/21/2016 - 09:03
One of the most reliable indicators of a market peak is M&A. When profits near a cyclical peak, sales growth stagnates and the risk of missing earnings targets grows, managements chasing growth at any price, push takeover premiums to extremes.
Chris Puplava's picture
Chris Puplava
10/19/2016 - 00:00
While the current presidential election is getting all of the attention, my bet is the US economy will likely return to front page news next month given the deterioration underway. If these trends continue, consumer spending this holiday season (or...
FS Staff's picture
FS Staff
10/18/2016 - 14:58
Earlier this year, a bombshell was dropped when it was reported that California's Public Employees' Retirement System (Calpers)—the largest public pension fund in the U.S.—earned only 0.6% on its investments last fiscal year. Why is this such a big...
Patrick Schotanus's picture
Patrick Schotanus
10/17/2016 - 14:34
The myth of the killer (or evil) clown has a long history, dating back to at least the nineteenth century. Apart from Stephen King’s Pennywise, modern culture has produced a number of exemplary specimens, including the Joker in the Batman movies. It...
Adrian Ash's picture
Adrian Ash
10/17/2016 - 09:03
Gold markets need gold, and that can only ever come out of a mine in the first place or come from a refinery when recycled, writes Adrian Ash of BullionVault, currently in Singapore attending the London Bullion Market...
Charles Bolin's picture
Charles Bolin
10/14/2016 - 14:52
Balance sheet recessions often take decades to recover from. The current budget deficit is less than 3% and not excessive by historical standards. He describes a trade-off in balance sheet recessions between higher debt/GDP ratios and severe...