Markets

Dec 29, 2014 at 07:57

The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia,…

Dec 29, 2014 at 07:51

China has zombie malls and even zombie cities, so zombie factories can hardly be a surprise. And as the malinvestments pile up, so do unrealized shadow bank losses.

Dec 29, 2014 at 07:22

In our opinion, no speculative positions are justified.

Dec 28, 2014 at 15:59

One hundred years ago last week, on Christmas Eve, 1914, German and British soldiers emerged from the horrors of World War One trench warfare to greet each other, exchange food…

Dec 28, 2014 at 15:57

Major indexes closed out their second straight weekly gain, continuing an advance that has lifted the SP500 5.9 percent in seven sessions. For the week, the Dow rose 1.4 percent,…

Dec 28, 2014 at 10:55

Since 1971 we have had a new monetary era or regime that has directed massive debt induced growth which has been doubling every 10 years. The system presently wants and…

Dec 28, 2014 at 07:38

Channels are used by a lot of folks, this security has extended its sell off to the point where exhaustion and short covering is more likely than continued selling. One…

Dec 28, 2014 at 07:28

Oil has continued to crash throughout December but I suspect there is now only marginally lower to go with the final low imminent.

Dec 27, 2014 at 07:42

The market has been following the average seasonal pattern very closely. That pattern calls for prices to drift upward on low volume. I expect the major averages to be higher…

Dec 27, 2014 at 07:40

Summary: Long term - on major sell signal since Mar 2012 when $HUI was at 550. Short term - on sell signals. Gold sector cycle - up as of 11/14.…