Markets

Dec 22, 2004 at 00:00

It appears that only a collapsing dollar (and the subsequent much higher rates that it will spawn) will kill the average American's appetite to live beyond his means. Like a…

Dec 22, 2004 at 00:00

Nearly all market turns show divergences between price and technical indicators such as momentum. Therefore we approach the study of sentiment data with the same frame of mind, anticipating divergences…

Dec 22, 2004 at 00:00

We had a choppy week in bond-land as liquidity started to dry up as the week wore on. The Fed obliged and raised rates as expected by 25 basis points…

Dec 22, 2004 at 00:00

We wrote an article earlier this stating that the Gold was not in a true bull market as was the case with the Dow. We decided it was time to…

Dec 22, 2004 at 00:00

Many financial advisors and monthly newsletter gurus have plenty of industry knowledge, street smarts and are excellent writers. I love their sense(s) of humor and acerbic, mercurial, esoteric, acrimonious and…

Dec 22, 2004 at 00:00

One of the interesting things I keep coming across is the talk of excessive debt. The US government is, as we all know, now owner of the greatest debt in…

Dec 22, 2004 at 00:00

Relative to our after-tax income, the value of houses, and the ground under them, reached a new record high at 192% in the third quarter (see Chart 1). This escalation…

Dec 21, 2004 at 00:00

I remain convinced the index is going to 1260 but there may be a problem before we see that price. Notice the large volume spike on Friday's down day. That…

Dec 21, 2004 at 00:00

It's easy to describe what an unhealthy risk is: scuba diving with a Great White Shark while holding a raw, rib-eye steak in your hand, for example. But it's a…

Dec 21, 2004 at 00:00

Having returned from a seven-day whirlwind trip to China which took me from Xi'an to Zhuhai, I was struck by the contradictions in China. On one hand, every city sported…