In December 2014, we posted on the falling producer price of steel and iron in 2014 and on further fall in 2015-2016. This prediction was right and the PPI of iron and steel has been falling from 22...
Whether the economy is in recession remains to be seen, but the manufacturing recession continues without a doubt. The Empire State region went back into contraction this month and the Philadelphia F...
Of course there should be about 15 more dead cat bounce attempts between now and the close, but I have to say, I am pleasantly surprised that the bears have the price action down below 2039. That is...
Sweden’s Riksbank says that cash must be a protected legal right. The central bank of Sweden fears that people will be locked out of the banking system, something I have warned could happen. It ...
For Caterpillar (CAT), the great recession was bad, for about 19 months. In May 2010, after declining sharply for just under two years, CAT posted it first positive global retail sales comps and never...
Wal-Mart Stores Inc. (WMT – Analyst Report) started fiscal 2017 on a positive note with both earnings and revenues beating the Zacks Consensus Estimate. Revenues also increased owing to improv...
Note: This idea involves risk. Talk to your financial adviser before doing anything. Also, I could be wrong about this. The current rally – which started in 1Q09 — is getting a bit long in ...
A higher number of Americans are gearing up for the summer travel season this year encouraged by accelerated job gains, moderate wage growth, and cheap fuel that will lead to more trips through road a...
With only a couple of Canadian announcements coming out during the day, it’s very likely the Friday will be fairly quiet. However, there are a few setups that we are paying attention to. WTI Crude O...
There is perhaps no other area where the tunnel-vision, hypocrisy, and corruption of the U.S. media is more visible than with respect to its nearly incessant China-bashing. Previous commentaries have ...