Gold •160 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 949.50 | +0.40 | +0.04% | |
WTI Crude •10 mins | 68.57 | -0.02 | -0.03% | |
Gasoline •12 mins | 1.952 | -0.005 | -0.27% | |
Ethanol •160 days | 2.161 | +0.000 | +0.00% | |
Silver •160 days | 30.82 | +1.16 | +3.92% |
Silver • 160 days | 30.82 | +1.16 | +3.92% | ||
Copper • 160 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 2 hours | 72.19 | +0.05 | +0.07% | ||
Natural Gas • 12 mins | 3.185 | +0.022 | +0.70% | ||
Heating Oil • 11 mins | 2.184 | -0.002 | -0.10% |
Contributor since: 26 Feb 2010
In further proof that I don't pander to readers, I'll dive into the Fed's Q3 2012 "Flow of Funds" data. For the quarter, the growth…
It's imperative to constantly test one's thesis - in my case, an unconventional view of the world of finance, the markets and the global economy.…
"As background for our monetary policy decisionmaking, we at the Federal Reserve have spent a good deal of effort attempting to understand the reasons why…
November 16 - Wall Street Journal (Damian Paletta and Carol E. Lee): "White House officials are in advanced internal discussions about a plan to replace…
October 20, from Dr. Jeff Masters of Weather Underground: "In a stunning spectacle of atmospheric violence, Superstorm Sandy roared ashore in New Jersey last night…
Let's return this week to the broader global Macro Credit Thesis. First of all, we live in a highly over-indebted world that becomes only more…
I spent a memorable October 19, 1987 in front of Quotron and Telerate screens as a Treasury analyst at Toyota's U.S. headquarters in Torrance, California.…
A Bloomberg headline from earlier in the week caught my attention: "U.S. Downgrade Seen as Upgrade as $4 Trillion Debt Dissolved." As someone that analyzes…
"I used to think if there was reincarnation, I wanted to come back as the President or the Pope or a .400 baseball hitter. But…
The focus of analysis this week shifts back to Europe. My thesis remains that the unfolding European debt and economic crises provide a potential catalyst…
As you read my opening summary of the Fed's latest quarterly Z.1 "flow of funds" report, keep in mind the Fed's recent decision to move…
"Congratulations Mr. Bernanke. I'm happy, my assets' values go up. But as a responsible citizen I have to say the monetary policies of the U.S.…
Spanish 10-year yields dropped 123 bps this week to 5.57%. Yields are now down 194 bps from July 24 highs (7.51%). Italian 10-year bond yields…
August 30 - Bloomberg (Mark Deen): "Yale University professor Stephen Roach said Federal Reserve Chairman Ben S. Bernanke shouldn't be given a third term because…
I believe it was the History Channel, but it may have been Discovery. It was one of those restless nights where sleep wasn't coming easy…
The Dow Jones Industrial Average closed this week at its highest level since December 2007. The S&P 500 trades only 10% below its 2007 high.…
The "go ahead, make my day," Draghi "will do everything to save the euro" rally saw Spanish and Italian stocks jump 10.6% and 9.5%, respectively,…
Things get wackier by the week. My proposition has been that once a Credit crisis comes to afflict the "core" (gravitating from the "periphery") the…
In commemoration of M2 surpassing $10.0 TN for the first time - not to mention the unfolding confrontation between ECB President Draghi and Germany's Bundesbank…
"Global macro" has of late been relegated more of a backseat role, with earnings and market "technicals" driving a largely upbeat marketplace. Things might have…