In the same way as durable goods orders and US imports, wholesale sales in May 2017 were up somewhat unadjusted but down for the third straight month according the seasonally-adjusted series. As wi...
Last week, silver plunged over 10 percent in less than a minute. What does it mean for the precious metals market? As one can see in the chart below, the price of silver collapsed $1.3 from about $16 ...
Being part of Thrivent Financial, Thrivent Mutual Funds has $15 billion worth of assets under management. It has invested in 23 mutual funds across a wide range of categories including equity, income ...
The best policy mix for a currency is an expansionary fiscal policy and less accommodative monetary policy. It is the US policy mix of the Reagan-Volcker era of the early 1980s. It was the German pol...
If you’ve been following along over the past two months, you know China is engaged in an ongoing struggle to combat downward pressure on the yuan. The PBoC engineered a hilarious short squeeze in la...
The construction sector is one of the largest in the world economy, with about $10 trillion spent on construction-related goods and services every year. However, according to a recent report from Mc...
Ticker Last High Low Daily Change (pip) Daily Range (pip) EUR/USD 1.1419 1.1425 1.1383 20 42 EUR/USD volatility may continue to dwindle ahead of the semi-annual Humphrey-Hawkins testimony, but the pai...
The latest JOLTS report (Job Openings and Labor Turnover Summary), with data through May, is now available. The first chart below shows four of the headline components of the overall series, which t...
Most precious metal assets staged a solid “comeback rally” against government fiat yesterday. Double-click to enlarge this key GDX chart. There’s decent intermediate trend technical support in...
Gold for nearly a decade (2000-2011) was much stronger than the US Dollar, reflected at (1) below. Once this ratio peaked in 2011, it has created a series of lower highs along falling resistance (2) i...