Prieur du Plessis

Contributor since: 26 Feb 2010

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• Chinese Stocks Signal Warning Lights

  Published 27 April 2011 | viewed 0 times

  The disappointing manufacturing and non-manufacturing PMIs in April was not what the Chinese stock market was telling us in mid-April! The Shanghai Composite Index tends…

• Is U.S. Inflation Nearing a Cyclical Peak?

  Published 26 April 2011 | viewed 0 times

  The ISM PMIs for March indicate continued upward price pressures in the US economy. My GDP-weighted PMI (manufacturing and non-manufacturing combined) seems to indicate that…

• More Than Meets the Eye: Effects of Japan Earthquake Underestimated, Beware China's Bubble!

  Published 25 April 2011 | viewed 0 times

  The current market perception is that the impact of the terrible disaster in Japan on the global economy is likely to be limited to a…

• Is The U.S. Heading For A Recession?

  Published 16 March 2011 | viewed 0 times

  The closely-watched smoothed growth rate of the ECRI Weekly Leading Index (WLI) is about to peak, indicating that the WLI is losing momentum. In previous…

• Oil's Surge Could Ruin Economic Recovery

  Published 09 March 2011 | viewed 0 times

  The surge in the oil price due to the conflict in Libya and revolts in other MENA countries prompted me to ascertain the impact thereof…

• U.S. Housing Market: Remains Under Siege But ...

  Published 11 February 2011 | viewed 0 times

  The recent Senior Loan Officer Survey (SLOS) by the Federal Reserve Board indicates that U.S. banks are continuing to ease their lending standards on consumer…

• Risk-off Sentiment Refocuses Attention on Bonds

  Published 31 January 2011 | viewed 0 times

  The significant sell-off in the long end of the U.S. bond market has at long last resulted in the price of 10-year Treasuries to correctly…

• Stock Markets: Two Canaries Calling For Caution

  Published 20 January 2011 | viewed 0 times

  Over the past few days I have often referred to stock markets being overvalued on fundamentals, overbought on technicals and overbullish on sentiment. This resulted…

• What are Asset Allocation Numbers Telling Us?

  Published 17 January 2011 | viewed 0 times

  The AAII Asset Allocation Survey polls its members on a monthly basis on their holdings among the principal asset classes. The results for December are…

• Sentiment Signals: A Call For Caution

  Published 10 January 2011 | viewed 0 times

  The results of the AAII Investor Sentiment Survey are shown in the graphs below. The Survey measures the percentage of individual investors who are bullish,…

• December 2010 Manufacturing PMIs: Expansion Accelerating!

  Published 05 January 2011 | viewed 0 times

  The manufacturing PMIs for December indicate that the rate of expansion in the global manufacturing sector is accelerating. Only France, India, China, Greece and Australia…

• China's December 2010 PMIs: Signaling a Slowdown?

  Published 04 January 2011 | viewed 0 times

  China's manufacturing PMI fell to 53.9 in December from 55.2 in the previous month, according to the China Federation of Logistics and Purchasing (CFLP). The…

• SP Index from 1825 to 2010

  Published 03 January 2011 | viewed 0 times

  The graph below is an interesting depiction of the S&P Index's annual returns since 1825. Of the 186 years 70% were positive and 30% negative.…

• Rhodium - Catch-up Potential?

  Published 29 December 2010 | viewed 0 times

  I have been fairly vocal about my bullish view on precious metals for quite a while. And with yesterday's surge in prices, I am quite…

• Yes, Stocks are Overdue for a Correction

  Published 28 December 2010 | viewed 0 times

  The first trading day of the week was a somewhat dreary affair, not unlike the weather in the Northern hemisphere. Following the Christmas day rate…

• Quote du Jour: Rising oil = Head Wind

  Published 24 December 2010 | viewed 0 times

  The crude oil price has been scaling new recovery highs over the past few days and indications are that the trend is solidly up. Although…

• SP500 Index - 25% To Go To All-Time Peak

  Published 22 December 2010 | viewed 0 times

  The S&P 500 Index yesterday advanced for the 13th time in 15 sessions, reaching a two-year high - a level last seen before the collapse…

• Stock Markets - Divergence Alert!

  Published 20 December 2010 | viewed 0 times

  I posted an article on Friday, stating that the stock market still had a bullish bias, but that breadth was deteriorating. Breadth indicators are also…

• Gold: Strong Nerves and Patience of Ten Men

  Published 19 December 2010 | viewed 0 times

  The past week witnessed rather volatile trading in gold bullion as the price declined to the 50-day moving average ($1,369), thereby retracing 62% of its…

• Dylan Grice: 'Commodities for the long run? Not on your Nellie - I'd rather eat coal!!'

  Published 16 December 2010 | viewed 0 times

  I have often in the past quoted Albert Edwards of Société Générale, but Dylan Grice, his colleague on the SocGen Cross Asset Research Team, is…