Gold •163 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 924.30 | -16.40 | -1.74% | |
WTI Crude •10 mins | 71.15 | +1.13 | +1.61% | |
Gasoline •10 mins | 2.006 | +0.017 | +0.86% | |
Ethanol •163 days | 2.161 | +0.000 | +0.00% | |
Silver •163 days | 30.82 | +1.16 | +3.92% |
Silver • 163 days | 30.82 | +1.16 | +3.92% | ||
Copper • 163 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 74.36 | +0.95 | +1.29% | ||
Natural Gas • 10 mins | 3.276 | -0.179 | -5.18% | ||
Heating Oil • 10 mins | 2.270 | +0.033 | +1.48% |
Contributor since: 26 Feb 2010
The last two weeks of July felt a lot like August typically does. Thin, lethargic trading; somewhat gappy but directionless. Ten-year Treasury note futures held…
This week's main event is supposed to be the FOMC meeting. Certainly, for some time now that has been the case: in a week with…
Below is a summary of my post-CPI tweets. You can (and should!) follow me @inflation_guy or sign up for email updates to my occasional articles…
A couple of weeks after Brexit, and the world has not ended. Indeed, in the UK the fallout seems relatively tame. Sterling has weakened substantially,…
I want to talk today about some of the really important pieces of information that circulated this weekend. First, I am certain that everyone is…
So I see today that former Fed Chairman Alan Greenspan says this is the worst crisis he has seen. Bigger than the 1987 Crash? Bigger…
Below is a summary of my post-CPI tweets. You can (and should!) follow me @inflation_guy or sign up for email updates to my occasional articles…
Some days - well, on days like today, and for the last few days - it seems like there are far too many TIPS. Although…
Recently, the San Francisco Federal Reserve published an Economic Letter in which they described why "Medicare Payment Cuts Continue to Restrain Inflation." Their summary is:…
In recent years, equities have been carried higher by several compounding effects: the growth of the economy, expanding profit margins, and expanding multiples. These three…
If you are an investor of the Ben Graham school, you've lived your life looking for "value" investments with a "margin of safety." Periodically, if…
Below is a summary of my post-CPI tweets. You can (and should!) follow me @inflation_guy or sign up for email updates to my occasional articles…
Wise investors hate crowded trades. Good, high-alpha trades tend to be out-of-consensus and uncomfortable. Bad trades tend to be ones that everyone wants to talk…
The Employment report was weak, with jobs coming in below consensus with a downward revision to prior months. It wasn't abysmally weak, and not enough…
Durable goods orders, ex-transportation, showed a negative print today for the second time in a row. This was expected, in most senses of the word,…
Today the 1-year CPI swap rate closed at 1.77%, the highest rate since 2014 (see chart, source Bloomberg). The CPI swap (which, as an aside,…
Here is an interesting chart that might suggest flows into oil markets. Or perhaps it suggests something else. But I put together the chart below…
I am sure that in my career I have seen weirder reactions, but when the Durable Goods number came out and plainly was significantly weaker-than-expected…
The big story of the weekend was that a meeting of OPEC and non-OPEC producers, at which an agreement was supposed to be signed to…
Following is a concatenation of my post-CPI tweets. You can follow me @inflation_guy. Due to scheduling issues, I don't have any further development of the…