Today the Institute for Supply Management published its monthly Manufacturing Report for June. The latest headline Purchasing Managers Index (PMI) was 57.8 percent, an increase of 2.9 percent from 5...
Top central bankers choose their words carefully. They know sending the wrong signals can unleash havoc, and they’ll get blamed for it. More important, as masters in acrobatic flip-flopping and back...
EUR/USD Non-Commercials increased their net long positions in the Euro last week buying a further 14k contracts to take the total position to 59k contracts. Following a near 50% reduction in long posi...
Look at these two charts: Source: stooq.com It happens all the time – there is another divergence (red arrows) between gold prices (the upper panel of the chart) and the silver/gold ratio (the l...
T. Rowe Price Science & Technology Fund (PRSCX – Free Report) seeks long-term capital growth and to invest at least 80% of net assets in common stocks of companies expected by T. Rowe Pri...
Look, today is not yesterday. That is, today is a new day and as we’ve noted before, the low vol. regime is the market’s perpetual topic du jour. So, today’s hot topic is the same as yesterday...
US Manufacturing stumbled to its lowest since Dec 2016 according to the latest ‘soft’ survey from Markit, as respondents reported a “disappointing end to the second quarter, with ...
Was the March 2009 low the end of a secular bear market and the beginning of a secular bull? At this point, over eight years later, the S&P 500 has set a series of inflation-adjusted record highs ...
The biggest con since Madoff. The dumbest “smart” money in history. A perverse world where sinners are saints. The goal of business is to make money. Plain and simple. Or so I thought… According...
– Gold up 8% in first half 2017; builds on 8.5% gain in 2016 – U.S. dollar down 6.5% – worst quarter in seven years – Gold higher in all currencies except Draghi’s euro – Gold outperfor...